Cizzle Brands Corporation Releases its Fiscal Q1 2026 Results
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Q1 FISCAL 2026 HIGHLIGHTS
-
Revenue increased 18% year-over-year to
$3.3 million , compared to$2.8 million in Q1 Fiscal 2025 -
Gross profit of
$1.8 million , representing a 54% gross margin -
Expanded distribution across major retail banners including Loblaws, Real Canadian Superstore,
Circle K ,Petro-Canada and Pure Hockey - Successful launch of HappiEats Sport Pasta, expanding the Company’s product portfolio beyond beverages and supplements
-
Secured a
$5.0 million non-dilutive revolving credit facility to support working capital and growth -
Strengthened Board of Directors with the addition of
Ndamukong Suh ,Geoff Bedford andMichael Doolan
MANAGEMENT COMMENTARY
"We are starting fiscal 2026 with strong momentum," said
OUTLOOK
FINANCIAL STATEMENTS AND MD&A
Cizzle’s condensed consolidated interim financial statements and Management’s Discussion and Analysis for the three months ended
About
For more information about
For more information about CWENCH Hydration™, please visit:https://www.cwenchhydration.com
For more information about Spoken™ Nutrition, please visit:https://www.spokennutrition.com
For more information about HappiEats™, please visit https://www.myhappieats.com
On behalf of the Board of Directors of the Company,
“John Celenza”
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: expected financial results, new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.
Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251215668281/en/
Head of Corporate Development
investors@cizzlebrands.com
1-844-588-2088
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