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Corby Spirit&Wn B NV (TSE:CSW.B)
TSX:CSW.B
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: 8.88%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
Corby Spirit and Wine's earnings call reflected a very strong performance, with significant revenue growth and successful integration of acquisitions, despite challenges like increased interest charges and a decline in the international segment. The company outperformed the declining spirits market and increased dividends, demonstrating robust financial health.Company Guidance
During Corby Spirit and Wine's fiscal year 2025 second-quarter conference call, the company reported strong financial results, highlighting a 10% increase in Q2 revenue to $61.7 million, notably driven by the inclusion of $3 million from the Nude acquisition. Organic revenue grew by 5%, while adjusted EBITDA rose 10% to $17.2 million. Despite higher interest charges due to a loan for acquiring ABG, adjusted net earnings per share increased by 8% to $0.30. The first half of FY 2025 saw revenue rise by 11% to $126.8 million, with organic growth at 4%, fueled by a robust RTD portfolio and strategic channel expansions. The company maintained a solid balance sheet, with a net debt-to-adjusted EBITDA ratio of 1.3 times, and declared a quarterly dividend of $0.23 per share, marking a 5% increase. Corby continues to focus on sustainable growth, innovation, and efficiency, particularly in its RTD and tequila segments, while navigating market challenges such as U.S. tariff threats.Double-Digit Revenue Growth
Corby Spirit and Wine reported a double-digit revenue growth of 11% for the first half of FY 2025 and 10% for Q2, driven by the inclusion of Nude sales and strong organic growth.
Successful Acquisition and Integration
The acquisition of Nude and ABG has been successfully integrated, contributing significantly to the revenue growth and operational synergies.
Dividend Increase
The Board declared a 5% increase in the quarterly dividend to $0.23 per share, marking the second increase in six months.
Strong Cash Flow
Corby delivered cash from operating activities of $35.6 million in H1, a $14.4 million improvement from the prior year.
Market Outperformance
Despite a declining spirits market, Corby's spirits portfolio performance was nearly flat at -0.3%, outperforming the market decline of 2%.
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TSE:CSW.B 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.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | C$12.39 | C$12.93 | +4.36% |
| Nov 13, 2024 | C$11.75 | C$11.84 | +0.77% |
| Aug 21, 2024 | C$12.10 | C$12.38 | +2.31% |
| May 09, 2024 | C$11.38 | C$11.48 | +0.88% |
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&Wn B NV (TSE:CSW.B) report earnings?
Corby Spirit&Wn B NV (TSE:CSW.B) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Corby Spirit&Wn B NV (TSE:CSW.B) earnings time?
Corby Spirit&Wn B NV (TSE:CSW.B) 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.B EPS forecast?
Currently, no data Available
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