TORONTO, Feb. 11, 2026 /CNW/ - Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B), a leading Canadian manufacturer, marketer and importer of spirits, wines and ready-to-drink cocktails ("RTDs"), today announced its financial results for the fiscal second quarter ("Q2") and the six-month period ended December 31, 2025 ("H1").

Strong Q2 and record H1 results led by continued RTD business expansion (+28% and +37% in retail sales value year-over-year, respectively) and significant market share gains in spirits (outpacing the market +689bps year-over-year in Q2)

Q2 Revenue of $66.9 million (+9% year-over-year) and Organic Revenue¹ +10%

Record H1 Revenue at $142.3 million (+12%) and Organic Revenue¹ +13%

Q2 Adjusted Net Earnings¹ at $9.1 million (+8%) (Reported +12%)

H1 Adjusted Net Earnings¹ at $20.1 million (+8%) (Reported +11%)

Quarterly Dividend declared of $0.24 per share, an increase of +4.3%

FINANCIAL RESULTS

Q2 FY26 results: Revenue for the second quarter of fiscal 2026 was $66.9 million, reflecting strong growth of $5.3 million or 9% compared to the same period last year. Organic revenue¹, which excludes the contributions in both the current period and the comparable period from non-core brands disposed in the second quarter of fiscal 2026, saw very dynamic growth of 10% compared to the prior year period owing to the following drivers:

• Domestic case goods revenue of $53.4 million, up 12% compared to the prior year period. This growth was primarily led by the RTD business expansion following the route-to-market ("RTM") modernization in Ontario. In addition, Corby delivered value growth and market share gains in spirits, despite the spirits market declining on a year-over-year basis (see Market Trends section);
• Commissions of $7.8 million, reflecting a decline of 8% year-over-year, with a strong comparable period in Q2 FY25 that reflected pipeline fill in new channels. These impacts were partially offset by favourable LCBO ordering patterns; and
• Export case goods sales of $4.8 million, an increase of 25% compared to the prior year period, led by strong sales execution and renewed channel pipeline fill in strategic markets.

In the second quarter of fiscal 2026, marketing, sales and administrative expenses remain broadly stable at $18.4 million (+1%), reflecting purposeful investments behind key brands and ongoing diligent cost management.

Earnings from Operations and Adjusted Earnings from Operations¹ totaled $13.8 million in the second quarter of fiscal 2026, representing year-over-year growth of 6% for both metrics. Strong revenue growth and diligent cost management was partly offset by an RTD-skewed portfolio mix and channel mix impacts on gross margin.

Adjusted EBITDA¹ for the second quarter of fiscal 2026 was $17.3 million, an increase of 1% compared to the same period last year. The new representation agreement with Vinarchy, signed in the first quarter of fiscal year 2026, resulted in lower amortization of upfront fees relative to when the brands were owned by Pernod Ricard in the same period last year, resulting in an unfavorable year–over–year impact on Adjusted EBITDA¹.

Net Earnings was $8.8 million and Adjusted Net Earnings¹ was $9.1 million in Q2 FY26, an increase of 12% and 8% year-over-year, respectively.

H1 FY26 results: Revenue for the first half of fiscal 2026 totaled $142.3 million, an increase of $15.5 million or 12% compared to the same period last year, marking the highest H1 revenue reported in Corby's history. Excluding the impact from non-core disposed brands in both the current period and the comparable period, Corby delivered organic revenue¹ growth of $16.5 million or 13%. This performance was supported by excellent sales execution, continued RTD business expansion, and enhanced shelf visibility for owned and represented spirits amid provincial trade measures: 

• Domestic case goods revenue of $113.7 million, up 14% year-over-year. Factors supporting the strong revenue performance included the continued expansion of the RTD business, supported by significant spirits market share gains, in part owing to the removal of US-origin products in key provinces, and the cycling of the LCBO labour strike impact last year;
• Commissions revenue was $16.0 million, reflecting a modest 1% year-over-year contraction, impacted by the represented wines portfolio lapping a higher comparison basis in H1 FY25 due to RTM modernization pipeline fill in that period; and
• Export revenue totaled $9.7 million, an increase of 38% year-over-year, driven by new channel pipeline fill in strategic markets, as well as a strong recovery of shipments to the US and innovation launches in the UK.

Marketing, sales and administrative expenses were $38.5 million in the first half of fiscal 2026, an increase of $2.2 million, or 6% compared to the prior year period, significantly below Net Sales growth, reflecting ongoing diligent cost management. Those investments reflect continued support for the growing RTD business, brand-building initiatives, and strategic partnerships – notably the J.P. Wiser's multi-year Canadian partnership with the National Hockey League - while cycling a low comparison basis last year given the Ontario liquor board strike in that period.

Earnings from Operations and Adjusted Earnings from Operations¹ totaled $30.3 million in the first half of fiscal 2026, increasing by 8% and 6% year-over-year, respectively. Strong revenue growth and diligent cost management was partly offset by an RTD-skewed portfolio mix and channel mix impacts on gross margin.

Adjusted EBITDA¹ for the first half of fiscal 2026 was $37.6 million, an increase of 2% compared to the same period last year. The new representation agreement with Vinarchy, signed in the first quarter of fiscal year 2026, resulted in lower amortization of upfront fees relative to when the brands were owned by Pernod Ricard in the same period last year, resulting in an unfavorable year–over–year impact on Adjusted EBITDA¹. Average annualized cash flows over the life of the agreements are expected to remain broadly consistent.

Corby reported Net Earnings of $19.0 million and Adjusted Net Earnings¹ of $20.1 million in the first half of fiscal 2026, an increase of 11% and 8% year-over-year, respectively.

The Company continued to generate strong cash flow in the first half of fiscal 2026, with Cash Flow from Operating Activities totaling $37.0 million, an increase of $1.5 million or 4% year-over-year. Corby closed Q2 FY26 with a Net Debt / Adjusted EBITDA¹ ratio (on a rolling 12-month basis) of 1.1x, an improvement over the prior quarter at 1.4x, illustrating the continued strengthening of its balance sheet. Corby recorded a dividend payout ratio¹ of 57% over the last four quarters, reflecting its sustainable shareholder return policy and balanced capital allocation strategy.

Corby's President and Chief Executive Officer, Florence Tresarrieu, stated,

"Corby delivered another strong quarter in Q2, further strengthening the momentum we have built in the first half of the fiscal year. Our record H1 revenue and continued earnings growth attest to the strength and balance of our diversified portfolio, the ongoing success of our RTD expansion, and the disciplined commercial execution of our teams across the country. In a volatile and declining market environment, our team has responded with tenacity and resilience to capture significant incremental market share in both spirits and RTDs, highlighting the relevance of our strategy, the power of our partnerships, and Corby's ability to deliver strong performance irrespective of the market backdrop.

I am inspired by the strong foundation the organization has built and the results delivered. Looking ahead, our focus remains clear: to continue outperforming the market in a sustainable and profitable manner. We will achieve this through focused and diligent investments in our core brands, further accelerating our RTD business expansion, and unlocking new opportunities as the Canadian retail and regulatory landscape evolve, while remaining disciplined on costs. Signaling our continued confidence in the outlook ahead, the Board has approved an increase in our dividend this quarter of approximately 4%, our third announced dividend increase in less than 18 months.

I sincerely thank our employees, customers, and partners for their trust and dedication. Their unwavering commitment positions Corby uniquely to continue navigating industry complexity with agility, while building on our strong track-record of creating sustainable long–term value for our shareholders."

For further details, please refer to Corby's Management's Discussion and Analysis and interim condensed consolidated financial statements and accompanying notes for the three-month and six-month periods ended December 31, 2025, prepared in accordance with IFRS Accounting Standards, available on and .

MARKET TRENDS

In Q2 FY26, Corby delivered exceptional results in a weaker market impacted by changes in the beverage alcohol landscape in Ontario, further compounded by the British Columbia General Employees' Union (BCGEU) labour strike. While the overall spirits category declined 4% in value relative to the comparable period last year, Corby's spirits retail sales achieved value growth of 2%. Corby's total represented spirits (including PR spirits) have now outperformed the Canadian spirits market in value for thirteen consecutive quarters. Corby RTDs² increased 28% in value in Q2 FY26 compared to the same quarter last year, significantly outperforming the overall RTD² category, which grew 11% in value, as the category continues to be shaped by evolving consumer preferences and expanded distribution points in Ontario.

In the last twelve months ended December 31, 2025, Corby spirits posted 2% value growth year-over-year in a spirits market that declined 4%, and Corby RTDs² were dynamic, increasing 28% in value year-over-year, also significantly outpacing the RTD market, which grew 12% year-over-year. This outperformance reflects the strength of Corby's diversified product portfolio, local brand resonance, excellent sales execution and continued innovation success as well as its sustained ability to successfully navigate a shifting retail landscape and ongoing supply and labour disruptions coast-to-coast.

QUARTERLY DIVIDEND

The Corby Board of Directors is pleased to declare a regular quarterly dividend of $0.24 per Voting Class A Common Share and Non-Voting Class B Common Share of the Company, an increase of $0.01, or +4.3% from the previous quarterly dividend of $0.23 per share. This dividend is payable on March 11, 2026, to shareholders of record as at the close of business on February 25, 2026. The Board of Directors assesses the dividend on a quarterly basis. Previous to this announcement, the quarterly dividend was last increased concurrent with the release of Q2 FY25 results.

QUARTERLY CONFERENCE CALL

Corby management will host a conference call on Thursday, February 12, 2026, at 9:00 a.m. (EST) to review and discuss the financial and operational results for the Q2 and H1 FY26 periods. Corby welcomes stakeholders, investors, and other individual followers to access the conference call by dialing 1-437-900-0527 or toll free 1-888-510-2154 before the start of the call, or by joining via webcast at. Following the conclusion of the call, a playback of the conference call will be available for 7 days by calling 289-819-1450 or 888-660-6345 and entering passcode 61911 #. A replay of the webcast will also be posted on Corby's website under the "Investors" section at .

HOLLAND, Mich., Feb. 10, 2026 /PRNewswire/ -- PKGD Group has announced a record-breaking 2025, delivering a "triple threat" of growth to a stagnation-plagued agave spirits industry.

While the broader tequila market contracted (-0.6%), PKGD Group's flagship G4 Tequila surged +88.2%, climbing to the #12 Brand Rank in Nielsen's national report. Simultaneously, El Ateo demonstrated the efficacy of PKGD's bespoke route-to-market strategy, posting triple-digit gains through a unique exclusive partnership.

The "Sipping" Shift: G4 Reposado Grows 250%

The most telling data point of 2025 was the performance of G4 Reposado, which posted a staggering 252% sales growth—growing six times faster than the brand's Blanco expression.

• Rank: Now the #17 "Best in Class" Item in the country.
• Trend: With $9.5M in sales, the Reposado is approaching revenue parity with the Blanco ($10.5M), signaling a major consumer shift toward premium, additive-free sipping tequilas.

Strategic Innovation: The El Ateo & Total Wine Model

Beyond traditional distribution, PKGD Group proved its ability to execute modern, exclusive retail alignments. In mid-2024, PKGD assumed import rights for El Ateo (which had sold just 268 cases prior to the transition) and launched a strategic exclusivity model with Total Wine & More.

• The Result: Volume exploded to 24,200 cases in 2025 (+286% YoY).
• The Impact: This "Shadow Giant" generated an estimated $8.25M in retail sales, a figure that would place it in the Top 60 Brands nationally if reported in standard Nielsen channels.

The PKGD Difference: Media as a Multiplier

These results underscore a fundamental shift in the importer role. Unlike traditional "box-moving" importers, PKGD Group operates as a media and education powerhouse. By leveraging in-house content creation and direct-to-consumer storytelling, PKGD has built an educated, loyal fanbase that drives velocity at the shelf—allowing brands like Palomo Mezcal (+142% Growth in 2025) to bypass traditional barriers of the legacy market.

"The industry is changing, and the old importer model is dead," said Jeff Ernst, Chief Left Brain at PKGD Group. "You can't just ship boxes anymore; you have to build brands. Whether it's the organic, education-led growth of G4 or the strategic alignment of El Ateo with Total Wine, our numbers prove that when you combine world-class liquid with modern media and creative strategy, you win."

2025 Portfolio Highlights:

• G4 Tequila: +88% Revenue Growth, #12 Nielsen Brand.
• G4 Reposado: +252% Growth, #17 Best in Class Item.
• El Ateo: +286% Growth (24,200 Cases) via Total Wine Exclusive.
• Palomo Mezcal: +142% Revenue Growth, proving the "Authentic Agave" trend extends beyond tequila.

LORETTO, Ky., Feb. 10, 2026 /PRNewswire/ -- Ahead of Women's History Month, Maker's Mark today announced a collaboration with acclaimed artist Ashley Longshore to design a limited-edition label celebrating spirited women and benefitting the leading nonprofit Vital Voices. Beginning today through the end of March, bourbon enthusiasts can visit  to personalize a complimentary Maker's Mark label with the name of an inspirational woman in their lives. Maker's Mark will donate $1 for every personalized label ordered, up to $50,000, to support the organization's mission of uplifting female leaders.

"When I make art, I go big, I go joyful and I go full color. Collaborating with Maker's Mark to celebrate spirited women like the brand's co-founder Margie Samuels felt like pouring that same energy onto the bottle's label," said Ashley Longshore. "This design celebrates women who burst into the world with color and courage — fearless women who think big and command attention wherever they go."

Ashley Longshore is a Southern-born, self-taught painter, sculptor and entrepreneur celebrated for changing the game—challenging the traditional art gallery business model by building her own pop art empire. Known for her vibrant maximalism and irreverent sense of humor, Longshore designed a label befitting of Margie Samuels and inspired the brand's Kentucky homeplace. Bursting with bee-pollinating blooms found across Star Hill Farm, nature is at the heart of the label's design with nods to the jewels—diamonds, pearls and gems—that have adorned Southern women for generations.

"From the very beginning, my grandmother Margie Samuels set a perfectly unreasonable standard that endures today—every bottle still hand-dipped in red wax, every barrel rotated by hand, and every decision guided by the brand's higher purpose," said Rob Samuels, managing director for Maker's Mark and eighth generation whisky maker. "Ashley Longshore shares that same pioneering and uncompromising spirit. We're thrilled to bring her art to life on a Maker's Mark bottle while supporting the meaningful causes championed by Vital Voices."

While Maker's Mark co-founder Bill Samuels, Sr. focused on crafting the highest-quality bourbon, his wife Margie shaped the brand; the bottle's shape, the label, the signature red wax topper and even the name are all her legacy. One of the first women inducted into the Kentucky Bourbon Hall of Fame, Margie also championed the distillery's aesthetic and visitor experience, laying the groundwork for today's Bourbon Trail. Women continue to lead across Maker's Mark, from product development and farm operations, to brand marketing and sustainability.

Throughout the year, consumers can create a custom Maker's Mark gift for anyone with the brand's personalized label program. Labels are currently available for 750mL bottles, which must be purchased separately and recipients must be 21+. For additional information about Maker's Mark, please visit  and share your personalized label at on Instagram.

NEW YORK, Feb. 10, 2026 /PRNewswire/ -- Redbreast®, the World's Most Awarded Single Pot Still Irish Whiskey*, announces the launch of , the fifth iteration in the award-winning Redbreast Iberian Series. While all Redbreast whiskies are matured in a combination of ex-bourbon and ex-sherry casks, what makes the Iberian Series even more special is the unique sherry casks specifically selected for these expressions. Crafted by Master Blender David McCabe, this limited-edition honors both Redbreast's heritage and innovation by using Moscatel Wine casks from the historic Bodegas Quitapenas to enrich the flavor profile of the famed Irish single pot still whiskey.

Inspired by Redbreast's historic ties with fortified wines, Redbreast Moscatel Wine Cask Edition is first matured in a selection of ex-American whiskey casks and Spanish Oloroso sherry casks, followed by a final maturation period of 16 months in Málaga Moscatel casks. Bottled at 46% ABV, Redbreast Moscatel Wine Cask Edition is rich in Mediterranean expression, bringing a noticeably elegant and more citrus forward personality to the whiskey.

Across several decades, McCabe and former Master Blender Billy Leighton have developed deep relationships with cask producers and winemakers throughout the Iberian Peninsula, inviting whiskey enthusiasts on a journey of discovery across this region. For this sun-soaked release, the team at Midleton Distillery partnered with Bodegas Quitapenas in Málaga, now led by fifth‑generation custodians Marta Suárez Prieto and Víctor Suárez OnrubiaI. Under their careful watch, these curated hogsheads made from European Oak were seasoned with Moscatel wine for two years before being shipped to Midleton Distillery, where they were filled with a bespoke batch of Redbreast Single Pot Still Irish Whiskey.

With a complex flavor journey, the whiskey opens with notes of fresh, sweet tangerine and twisted orange peel, accompanied by delicate herbal notes of chamomile tea with dustings of nutmeg and cedarwood. The wine-seasoned oak imparts vanilla, with notes of floral honey and sugar glazed fruits, while the pot still spices add subtle notes of black peppercorn and clove in the background.

"The launch of Redbreast Moscatel Wine Cask Edition is a celebration of Redbreast's heritage, craftsmanship, and incredible legacy dating back to the late 1800s," said Master Blender, David McCabe. "The use of Spanish Moscatel-seasoned casks is a tribute to Redbreast's historic ties to sherry and fortified wines, and our appreciation for the incredible people across the region, including Marta and her family at Bodegas Quitapenas, which was founded in 1880. Their remarkable family heritage inspired the richness and depth of this expression."

"It has been a great honor to work with David and his team at Midleton on the launch of Redbreast Moscatel Wine Cask Edition, which pays such a wonderful tribute to our rich family history," said Marta Suárez Prieto of Bodegas Quitapenas. "Along with my cousin Víctor, we have taken great care to season the casks perfectly, to ensure the new expression is infused with wonderful flavor notes of sweet honey, dates and caramelized fruits alongside gentle herbal, floral and citrus tones."

Crafted to be enjoyed neat or over ice, Redbreast Moscatel Wine Cask Edition is available at (SRP: $109.99). To learn more, follow #RedbreastWhiskey #QuiteTheFind #RedbreastMoscatel.

*Based on the tasting results of eight global blind tasting competitions in 2025, including The Irish Whiskey Masters, International Wine & Spirit Competition, International Spirits Competition, San Francisco World Spirits Competition, World Whiskies Awards, Beverage Testing Institute, New York World Spirits Competition and Asia World Spirits Competition.