Purebread swings to FY26 net income of $4.08 million; revenue drops 8% to $14.8 million

Reuters2026/07/30 12:35

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Purebread Brands reported net income of $4.08 million for FY 2026, swinging from a loss a year earlier.
Adjusted EBITDA (non-IFRS) turned positive to $1.6 million.
Revenue fell 8% to $14.8 million, due to closures of certain Coho Commissary Kitchen locations.
Gross margin rose 1 percentage point to 64%, while operating expenses dropped 26%.
CEO Christian Bullock said management converted debt to equity, strengthened the balance sheet, and plans to expand the bakery chain over the next 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Purebread Brands Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607300830NEWSFILECNPR____20260730_307257_1) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Purebread swings to FY26 net income of $4.08 million; revenue drops 8% to $14.8 million

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