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Cresco Labs Inc. (CRLBF) Q1 2026 Earnings Call Transcript
2026-05-09 · via All Articles on Seeking Alpha

Q1: 2026-05-08 Earnings Summary

EPS of -$0.04 beats by $0.00

 | 

Revenue of

$151.33M

(-8.71% Y/Y)

beats by $2.60M

Cresco Labs Inc. (CRLBF) Q1 2026 Earnings Call May 8, 2026 8:30 AM EDT

Company Participants

T.J. Cole - Senior Vice President of Corporate Development and Investor Relations
Charles Bachtell - Co-Founder, CEO & Director
Sharon Schuler - Chief Financial Officer
Greg Butler - President

Conference Call Participants

Aaron Grey - Alliance Global Partners, Research Division
William Kirk - ROTH Capital Partners, LLC, Research Division
Kenric Tyghe - Canaccord Genuity Corp., Research Division
Pablo Zuanic - Zuanic & Associates

Presentation

Operator

Good day, and welcome to the Cresco Labs First Quarter 2026 Conference Call.[Operator Instructions] Please note this event is being recorded. I would now like to turn the call over to T.J. Cole, Senior Vice President, Corporate Development and Investor Relations for Cresco Labs. Please go ahead.

T.J. Cole
Senior Vice President of Corporate Development and Investor Relations

Thank you. Good morning, and welcome to Cresco Labs First Quarter 2026 Earnings Conference Call. On the call today, we have Chief Executive Officer and Co-Founder, Charles Bachtell; Chief Financial Officer, Sharon Schuler; and President, Greg Butler, who will be available for the Q&A. Prior to this call, we issued our first quarter earnings press release, which has been filed on SEDAR and is available on our Investor Relations website. These preliminary results for the first quarter are provided prior to the completion of all internal and external reviews and therefore, are subject to adjustment until the filing of the company's quarterly financial statements. We filed our corresponding financial statements and MD&A for the quarter ended March 31, 2026, on SEDAR and EDGAR earlier this morning. Before we begin, I want to remind you that statements made on today's call may contain forward-looking information. Actual results may differ materially. The risks, uncertainties and other factors that could influence actual results are described in our earnings press release and in the most recent annual information form and MD&A filed with the securities regulators. This call also contains non-GAAP measures also