Toronto-based Corby Spirit and Wine Limited, a leading Canadian manufacturer, marketer and importer of spirits, wines and ready-to-drink cocktails, announced Wednesday its financial results for the fiscal fourth quarter and the year-ended June 30, 2026, indicating record full-year results with 11% organic revenue growth, driven by continued ready-to-drink (RTD) beverage expansion and market share gains in spirits.
Highlights included:
- Q4 Revenue of $71.1 million (-1% year-over-year) and Organic Revenue flat. FY26 Revenue of $271.6 million (+10%) and Organic Revenue +11%;
- Q4 Adjusted EBITDA of $14.7 million (-5%). FY26 Adjusted EBITDA of $67.5 million (+5%);
- Q4 Adjusted Net Earnings of $7.4 million (-1%) (Reported +4%). FY26 Adjusted Net Earnings of $35.1 million (+15%) (Reported +22%); and
- Quarterly Dividend declared $0.25 per share, an increase of +4.2%
“Fiscal 2026 was a pivotal year for Corby. We delivered double-digit revenue growth despite a challenging and volatile industry environment, driven by the continued expansion of our RTD portfolio and the resilience of our spirits business. Earnings growth outpaced revenue growth through disciplined cost management and strong commercial execution, underscoring the strength of our strategy, portfolio, and partnership,” said Corby’s President and Chief Executive Officer, Florence Tresarrieu.
“We also took important steps to further sharpen our portfolio and position the business for long-term value creation. The divestment of certain non-core ABG brands allows us to focus upon growing our position as one of the leading RTD players in Canada while the disposal of the Lamb’s brand further aligned our portfolio with higher-margin growth opportunities and our strategic priorities.
“Looking ahead, we expect FY27 to bring continued market uncertainty, including questions around the return of U.S. products to Canadian shelves and a more challenging comparison base following this year’s strong performance. Even so, we remain focused on delivering profitable growth while maintaining a strong balance sheet and supporting a sustainable dividend for shareholders.
“We will achieve this through continued investment behind our core brands and building on the momentum of our RTD business, while maintaining disciplined cost management.”
The company said revenue for the fourth quarter of fiscal 2026 was $71.1 million, a decrease of $0.9 million or 1% compared to the same period last year. Organic revenue, which excludes the contributions in both the current period and the comparable period from non-core brands that have been disposed, was flat year-over-year.
Corby said revenue for FY26 totaled $271.6 million, an increase of $24.9 million or 10% year-over-year.
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