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Corby Spirit&Wine A (TSE:CSW.A)
TSX:CSW.A
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.16Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call conveyed a positive message: record first-half revenue, rapid RTD expansion, consistent market share gains across spirits and wine, strong cash generation, reduced net leverage and increased shareholder returns. The primary negatives were margin pressure from an RTD‑skewed mix, higher operating expenses to fund growth, some commission declines and category-specific production issues. Management outlined clear strategic actions (ABG majority stake, dedicated RTD route‑to‑market, innovation pipeline) and expects continued outperformance while acknowledging potential normalization in H2 and competitive risks if U.S. products return to shelves.Company Guidance
Record H1 Revenue and Strong Quarterly Results
Corby delivered the highest first-half revenue in company history: H1 revenue of $142.3M, up 12% reported and 13% organic year-over-year. Q2 revenue was $66.9M, up 9% reported and 10% organic versus prior year.
RTD Rapid Expansion and Contribution to Growth
RTD now represents roughly one-third of Corby's revenue and contributed ~72% (around 3/4) of total net sales growth in the fiscal half. RTD delivered ~28% value growth over the last 12 months and 27.7% growth over the most recent 3-month period, outperforming the market by 6.5–16.5 points across reported intervals.
Market Share Gains Across Portfolio (Spirits & Wine)
Corby outperformed the Canadian spirits market in the rolling 3 months ending Dec 31, delivering 2.5% value growth while the market declined 4.4% (outperformance of 6.9 points). R12 spirits growth was 1.9% (6.2 points ahead of the market). Wine showed strong performance: 3-month growth 11.9% and R12 growth 13.7% (15.8 points ahead of market).
Solid Profitability and EPS Growth
Adjusted earnings from operations were $13.8M in Q2, up 6% year-over-year. Q2 adjusted EPS was $0.32 (up 8%) and reported EPS was $0.31 (up 12%). H1 adjusted EPS was $0.71 (up 8%) and reported EPS $0.67 (up 11%).
Strong Cash Generation and Balance Sheet Improvement
Cash from operating activities: $31.4M in Q2 and $37M in H1 (increase of $1.5M YoY). Net debt reduced to $72M (a $13M improvement vs FY'25) and net debt to adjusted EBITDA improved to 1.1x (down from 1.4x in Q1).
Shareholder Returns and Capital Actions
Board declared quarterly dividend of $0.24/share (up $0.01, +4%). Total H1 dividends were $0.47/share (up 4% YoY). Rolling 12‑month dividend payout ratio ~57% and dividend yield ~6.5% at end of H1. One‑year TSR was 25% as of Dec 31, 2025.
Export and Channel Expansion Momentum
Export revenues: Q2 export revenue $4.8M (up 25% YoY); H1 export $9.7M (up 38% YoY), driven by strong shipments of J.P. Wiser's and Pike Creek and recovery in U.K./U.S. markets. ABG brands grew +28% in H1 (+19% in Q2) and ownership in ABG increased to 95% to accelerate RTD expansion and channel penetration.
TSE:CSW.A Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:CSW.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | C$14.21 | C$14.61 | +2.76% |
Nov 12, 2025 | C$13.88 | C$13.80 | -0.55% |
Aug 20, 2025 | C$14.32 | C$14.19 | -0.94% |
May 14, 2025 | C$14.29 | C$13.07 | -8.53% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Corby Spirit&Wine A (TSE:CSW.A) report earnings?
Corby Spirit&Wine A (TSE:CSW.A) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is Corby Spirit&Wine A (TSE:CSW.A) earnings time?
Corby Spirit&Wine A (TSE:CSW.A) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CSW.A EPS forecast?
Currently, no data Available