Corby Spirit and Wine Reports Record Fiscal 2026 Results

EarningsCorporate Action
โดย MarketBeat·CA·Read original
Summary · why it matters

Corby Spirit and Wine reported record fiscal 2026 results, with revenue rising 10% to C$271.6 million, adjusted operating earnings up 12% to C$53.7 million, and adjusted EPS climbing 15% to C$1.23. Ready-to-drink beverages drove growth, with RTD volume up 18% versus 7% for the category, and RTDs now representing about 40% of revenue. The company sold its Lamb's rum brand for C$39.2 million, renewed its Pernod Ricard agreement through 2029, and raised its quarterly dividend 4% to C$0.25 per share. Management expects fiscal 2027 uncertainty from potential U.S. product returns and tougher comparisons.

Impact on stocks 2

Consumer Staples · 1 stocks
Pernod Ricard S.A.
RI
▲ PositiveDemandrelevance

Corby's strong RTD growth and renewed Pernod Ricard agreement through 2029 indicate robust demand for Pernod's products in Canada

Industrials · 1 stocks

Off-coverage companies 1

Corby Spirit and Wine LimitedPrivate▲ Positive
Capitalrelevance

Record fiscal 2026 results with revenue up 10%, EPS up 15%, and dividend increase