Coventry Group (CYG) Q3 2026 TU earnings summary

Executive summary

• Q3 FY26 unaudited group sales reached $88.2m, up 1.4% year-over-year, with momentum accelerating through the quarter.

• March saw a significant performance boost, with sales up 6.5% and EBITDA up 72% compared to the prior year.

• Cost-out initiatives and operating improvements are driving financial gains, with further efficiency opportunities identified.

Financial highlights

• Group sales for Q3 FY26 were $88.2m, a 1.4% increase year-over-year; YTD sales were $276.8m, up 1.7%.

• Unaudited Q3 EBITDA was $2.1m, down 11% year-over-year; YTD EBITDA was $5.3m, down 57%.

• March EBITDA rose 72% year-over-year, reflecting a step-change in performance.

Outlook and guidance

• Q4 is expected to be seasonally stronger, with ongoing benefits from sales, margin, and efficiency initiatives.

• Management remains focused on delivering the “back to basics” improvement program and leveraging Q3 momentum.