cbdMD, Inc. (YCBD) Q4 2025 Earnings Call Transcript
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SA Transcripts157.42K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call cbdMD, Inc. (YCBD) Q4 2025 Earnings Call December 19, 2025 4:20 PM EST Company Participants Bradley Whitford - Chief Accounting Officer, Treasurer & SecretaryT. Kennedy - CEO, CFO, Principal Executive Officer & Director Conference Call Participants Thomas McGovernAdam Waldo - Lismore Partners, LLC Presentation Operator Good afternoon, and welcome to cbdMD, Inc.'s Fiscal Year 2025 Earnings Call and Business Update. Earlier today, the company issued a press release discussing results for the fiscal year ended September 30, 2025, following the filing of its annual report on Form 10-K. Today's call is being recorded and will be available on the company's website along with the earnings release and supplemental materials. [Operator Instructions] I will now turn the call over to Brad Whitford, Chief Accounting Officer of cbdMD. Bradley WhitfordChief Accounting Officer, Treasurer & Secretary Thank you, and thank you all for joining us today. Before we begin, I'd like to remind everyone that today's remarks contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to our annual report on Form 10-K for the year ended September 30, 2025, and our other filings with the SEC for a discussion of these risks. All forward-looking statements are made as of today, and the company undertakes no obligation to update them, except as required by law. With that, I'll turn the call over to Ronan Kennedy, our CEO and CFO. T. KennedyCEO, CFO, Principal Executive Officer & Director Good afternoon, everyone, and thank you for joining us. Fiscal 2025 was a year of disciplined execution and meaningful progress for cbdMD. It marked our third consecutive year of operating improvement, continued balance sheet strengthening and a repositioning of the company toward categories