Corby Spirit&Wn B NV (TSE:CSW.B)
TSX:CSW.B
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
The call highlighted a strong start to the fiscal year driven by record H1 revenue, rapid RTD expansion, market share gains, robust cash generation and improved leverage — offset by margin pressure from RTD/channel mix, faster-rising operating expenses, some category-specific production challenges and normalization risks into H2. Overall, the positives (revenue records, RTD contribution, cash and balance sheet improvements, dividend increase and market outperformance) materially outweigh the negatives, which are being managed and contextualized as largely tactical or transitory.Company Guidance
Record H1 Revenue and Strong Top-Line Growth
Highest first-half revenue in company history: H1 revenue of $142.3M, up 12% reported and 13% organic year-over-year.
Robust Q2 Performance
Q2 revenue of $66.9M, up 9% reported and 10% organic year-over-year; adjusted earnings from operations of $13.8M, up 6%.
RTD Business Accelerating and Driving Growth
RTD now represents roughly one-third of Corby's revenue; RTD contributed ~72% of total net sales growth and delivered ~28% year-over-year value growth (R12/12-month metrics; 3-month RTD growth ~27.7%), materially outpacing the category.
Market Share Gains Across Categories
Rolling 3-month ending Dec 31: Canadian spirits market declined 4.4% while Corby delivered 2.5% value growth (outperformance of 6.9 percentage points). Wine and RTD also significantly outperformed their markets.
Strong Case Goods and ABG Momentum
Domestic case goods (80–81% of net sales) performed strongly: Q2 case goods $53.4M (+11% reported, +12% organic); H1 case goods $114.8M (+13% reported, +14% organic). ABG brands grew ~19% in Q2 and ~28% over H1.
Export Growth
Export revenue contribution (~7% of net sales) increased: Q2 exports $4.8M (+25% YoY); H1 exports $9.7M (+38% YoY), driven by Wiser's and Pike Creek shipments (Turkey, recovery to U.K./U.S.).
Strong Cash Generation and Balance Sheet Improvement
Q2 cash from operating activities $31.4M; H1 cash from operations $37M (+$1.5M YoY). Net debt reduced to $72M, net-debt-to-adjusted-EBITDA improved to 1.1x (from 1.4x).
Shareholder Returns Maintained and Increased
Quarterly dividend raised to $0.24 per share (up $0.01, +4%); H1 dividends $0.47 per share (+4% YoY). Rolling 12-month dividend payout ratio ~57% and dividend yield ~6.5% at end of H1.
Strategic Portfolio Actions
Increased ownership of ABG to 95%, exited non-core brands (SL Beer, SL RTD, Liberty Village Dry Cider) to streamline and focus growth; strong innovation pipeline and route-to-market execution highlighted.
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
TSE:CSW.B Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 11, 2026 | C$13.92 | C$14.27 | +2.55% |
Nov 12, 2025 | C$13.23 | C$13.34 | +0.81% |
Aug 20, 2025 | C$13.28 | C$13.38 | +0.79% |
May 14, 2025 | C$12.95 | C$12.39 | -4.33% |
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&Wn B NV (TSE:CSW.B) report earnings?
Corby Spirit&Wn B NV (TSE:CSW.B) is schdueled to report earning on May 07, 2026, TBA (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 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.B EPS forecast?
Currently, no data Available