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Corby Hits Record Revenue in Challenging Year | Toronto News
Description
Corby Spirit and Wine smashed records in fiscal 2026, posting 11% organic revenue growth and $271.6M in total revenue—up 10% year-over-year—thanks to booming RTD sales and a resilient spirits business. Despite a volatile market, CEO Florence Tresarrieu hailed it as a pivotal year, crediting strategic moves like divesting non-core brands (including Lamb’s) to fuel RTD expansion and higher-margin opportunities. Though Q4 dipped slightly, full-year adjusted net earnings surged 15%, and the company boosted its quarterly dividend by over 4%, signaling strong financial health. Looking ahead to fiscal 2027, Corby faces uncertain market conditions but remains laser-focused on profitable growth through core brand investment, RTD momentum, cost discipline, and shareholder value.
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