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Corby Spirit&Wine A (TSE:CSW.A)
TSX:CSW.A
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.28Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 13.14%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
Corby's earnings call revealed strong revenue growth and successful integration of recent acquisitions, leading to market outperformance despite a declining spirit market and increased interest charges. The company's strategic focus on the RTD category and cash flow improvements support a positive outlook, though challenges in international markets and increased costs are noted.Company Guidance
During Corby Spirit and Wine's Fiscal Year 2025 Q2 conference call, the company reported robust financial metrics, showcasing a 10% increase in revenue to $61.7 million, with organic revenue up by 5%. The acquisition of Nude contributed over $3 million to sales. Adjusted EBITDA rose by 10% to $17.2 million, and adjusted net earnings per share increased by 8% to $0.30. Corby also declared a quarterly dividend increase to $0.23 per share, marking a 5% rise. The net debt-to-adjusted EBITDA ratio was reported at a healthy 1.3 times, highlighting the company's solid balance sheet.Double-Digit Revenue Growth
Corby reported a double-digit revenue growth of 11% for the first half of fiscal year 2025, with a 10% increase in the second quarter. This growth was supported by the acquisition of Nude and strong performance in the Ready-to-Drink (RTD) category.
Strong Cash Flow and Dividend Increase
Corby generated $35.6 million in cash from operating activities, a $14.4 million improvement year-over-year. The Board declared a dividend increase to $0.23 per share, marking the second increase in six months.
Market Outperformance
Corby outperformed the Canadian spirit market despite a general decline, with a 3% growth in organic domestic case goods and a significant increase in RTD sales.
Successful Integration of Acquisitions
The acquisition of ABG and Nude has been successfully integrated, contributing to a 12% growth in the RTD category, which is growing by 6.8% in the market.
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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
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TSE:CSW.A Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | C$13.17 | C$13.96 | +6.00% |
| Nov 13, 2024 | C$11.95 | C$11.91 | -0.33% |
| Aug 21, 2024 | C$12.70 | C$12.75 | +0.39% |
| May 09, 2024 | C$12.53 | C$12.69 | +1.28% |
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.
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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 14, 2025, TBA Not Confirmed.
What is Corby Spirit&Wine A (TSE:CSW.A) earnings time?
Corby Spirit&Wine A (TSE:CSW.A) earnings time is at May 14, 2025, TBA Not 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
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