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Corby Spirit and Wine (CSW-A) investor relations material
Corby Spirit and Wine Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record H1 revenue of $142.3 million, up 12% year-over-year, and Q2 revenue of $66.9 million, up 9%, driven by RTD business expansion and market share gains in spirits.
RTD business now represents about one-third of revenue, contributed nearly three-quarters of net sales growth, and delivered 28% value growth over 12 months.
Outperformed the Canadian spirits market in value for 13 consecutive quarters, with significant market share gains across all categories.
Adjusted Net Earnings for Q2 were $9.1 million (+8%) and for H1 were $20.1 million (+8%), with reported Net Earnings up 12% and 11% respectively.
Quarterly dividend increased by 4.3% to $0.24 per share, marking the third increase in less than 18 months.
Financial highlights
Q2 revenue reached $66.9 million, up 9% year-over-year; H1 revenue totaled $142.3 million, up 12%.
H1 organic revenue rose 13%, with domestic case goods up 14% and export revenue up 38%.
Adjusted EBITDA for Q2 was $17.3 million (+1%), and for H1 was $37.6 million (+2%).
Adjusted earnings from operations in Q2 were $13.8 million (+6%); adjusted EPS $0.32 (+8%), reported EPS $0.31 (+12%).
Cash from operating activities in H1 was $37 million, up $1.5 million year-over-year.
Outlook and guidance
Expecting normalization in growth in H2 after a strong H1, but still projecting strong full-year revenue growth.
Focus remains on outperforming the market through investments in core brands, accelerating RTD expansion, and disciplined cost management.
Ongoing commitment to protecting margins, driving profitable growth, and delivering long-term shareholder value.
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