06:36 AM EDT, 03/20/2026 (MT Newswires) -- K-Bro Linen ( KBRLF ) overnight Thursday reported a decrease in net earnings in the fourth quarter even as revenue increased year-over-year.
For the three months ended Dec. 31, 2025, the company reported net earnings of $2.9 million or adjusted diluted earnings per share of $0.554 compared with $4.2 million or adjusted diluted earnings per share of $0.34, a year earlier. The result beat a consensus estimate compiled by FactSet of $0.28 per share.
Revenue for the quarter increased to $146.8 million compared with $95.4 million, a year-ago, beating a consensus estimate compiled by FactSet of $138.1 million.
"Integration has been progressing as expected, and we anticipate run-rate cost synergies will be realized over the twelve to twenty four months guided," said K-Bro Linen ( KBRLF ) chief executive Linda McCurdy. "We continue to monitor the evolving global and Canadian foreign policies, geopolitical events, state of tariffs and other trade policies."
For fiscal 2026, the company's planned capital spending excluding right-of-use assets is expected to be in the range of $20.0 to $22.0 million on a consolidated basis.
Shares of the company closed down 1.1% to $34.9 Thursday on the Toronto Stock Exchange.