Corby Spirit and Wine Ltd (OTCPK:CRBBF)
$ 11.16 -0.010 (-0.09%) Market Cap: 320.67 Mil Enterprise Value: 395.70 Mil PE Ratio: 13.50 PB Ratio: 2.39 GF Score: 82/100

Q4 2026 Corby Spirit and Wine Ltd Earnings Call Transcript

Aug 27, 2026 / 01:00 PM GMT
Release Date Price: $11.17 (-1.06%)

Key Points

Positve
  • Corby Spirit and Wine Ltd (CBYDF) delivered record fiscal 2026 results with double-digit revenue growth, including a 10% reported and 11% organic increase.
  • The RTD portfolio, representing 40% of revenue, outpaced category growth with an 18% volume increase versus 7% category growth, gaining share in every province.
  • The company renewed its exclusive representation agreement with Pernod Ricard for three years (to September 2029), with potential extensions, securing access to key brands like Absolut and Jameson.
  • Corby Spirit and Wine Ltd (CBYDF) completed the sale of Lambs and Rembrandt for $39.2 million, sharpening portfolio focus and freeing resources for higher-return opportunities.
  • The company maintained a strong balance sheet with net debt-to-adjusted EBITDA of 1.3 times, increased the quarterly dividend by 4%, and delivered a 19% one-year total shareholder return.
Negative
  • Q4 revenue declined 1% year-over-year due to unfavorable LCBO order phasing, with organic revenue flat.
  • The company faces ongoing market uncertainty, including the potential return of US products to Canadian shelves, which could narrow future market share gains.
  • Total commissions revenue declined 4% in fiscal 2026, impacted by softer performance from imported spirits and a strong prior-year comparison.
  • Cash from operating activities decreased by $7.7 million in fiscal 2026 due to working capital increases and higher income tax payments.
  • Management expects a more challenging comparison base in fiscal 2027, with potential margin pressure from higher spirits input costs and pricing pressures from the removal of minimum price.


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E D I T E D V E R S I O N

CSWa.TO - Corby Spirit and Wine Ltd
Q4 2026 Corby Spirit and Wine Ltd Earnings Call
Aug 27, 2026 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning.

Welcome to the Corby Spirit and wine fiscal year 2026 Q4 financial results conference call for the period ended June 30th, 2026.

Joining me on the call this morning are Florence Rosarer, President and Chief Executive Officer, and Juan Alonso, Vice President and Chief Financial Officer.

Hopefully you've had the opportunity to review the press release which was issued yesterday.

Before we begin, I would like to inform listeners that information provided on today's call may contain forwarding statements, which can be subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.

Risks and uncertainties about the
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