Maison Solutions Reports First Quarter 2026 Financial Results
Maison Solutions (NASDAQ:MSS), a specialty Asian grocery retailer, reported challenging Q1 2026 financial results. Total net revenues decreased to $27.2 million from $28.2 million year-over-year, with net loss of $(1.5) million compared to $0.7 million profit last year. Gross margin declined to 24.2% from 28.9%, primarily due to inflation impacts.
The company outlined strategic priorities including M&A opportunities in the Midwest and Southwest regions, technology integration, and expanding direct sourcing relationships in Southeast Asia. MSS recently secured a distribution agreement with Guizhou Moutai Chiew to bring luxury Chinese liquor to California stores, marking the beginning of broader Asian sourcing initiatives.
Maison Solutions (NASDAQ:MSS), un rivenditore specializzato di generi alimentari asiatici, ha riportato risultati finanziari difficili per il Q1 2026. Le entrate nette totali sono diminuite a $27.2 milioni rispetto a $28.2 milioni nello stesso periodo dell'anno precedente, con una perdita netta di $(1.5) milioni rispetto a un profitto di $0.7 milioni lo scorso anno. Il margine lordo è sceso al 24.2% dall'28.9%, principalmente a causa degli effetti dell'inflazione.
L'azienda ha delineato priorità strategiche tra cui opportunità di fusioni e acquisizioni nel Midwest e nel Southwest, integrazione tecnologica e ampliamento delle relazioni di approvvigionamento diretto nel Sud-Est asiatico. MSS ha recentemente ottenuto un accordo di distribuzione con Guizhou Moutai Chiew per portare liquori cinesi di lusso nei negozi della California, segnando l'inizio di iniziative di approvvigionamento più ampie dall'Asia.
Maison Solutions (NASDAQ:MSS), un minorista especializado en comestibles asiáticos, reportó resultados financieros desafiantes del primer trimestre de 2026. Los ingresos netos totales cayeron a 27.2 millones de dólares desde 28.2 millones en el mismo periodo del año anterior, con una pérdida neta de (1.5) millones de dólares frente a un beneficio de $0.7 millones el año pasado. El margen bruto cayó al 24.2% desde el 28.9%, principalmente debido a los impactos de la inflación.
La empresa describió prioridades estratégicas que incluyen oportunidades de fusiones y adquisiciones en las regiones del Medio Oeste y el Suroeste, integración tecnológica y expansión de las relaciones de abastecimiento directo en el Sudeste Asiático. MSS recientemente aseguró un acuerdo de distribución con Guizhou Moutai Chiew para llevar licores chinos de lujo a tiendas en California, marcando el inicio de iniciativas de abastecimiento más amplias desde Asia.
Maison Solutions (NASDAQ:MSS), 아시아 특화 식료품 소매업체는 2026년 1분기 재무 실적에서 어려움을 보고했습니다. 총 순매출은 전년 동기 대비 $27.2백만으로 감소했고, 순손실은 $(1.5) 백만 달러로 나타났으며, 작년의 $0.7 백만 달러의 이익과 비교됩니다. 총이익률은 24.2%로 하락했고, 주로 인플레이션 영향 때문입니다.
회사는 미주리 중부 및 남서부 지역의 M&A 기회, 기술 통합, 동남아시아에서의 직접 소싱 관계 확장 등 전략적 우선순위를 제시했습니다. MSS는 최근 Guizhou Moutai Chiew와 유통 계약을 체결해 럭셔리 중국 주류를 캘리포니아 매장으로 들여와, 더 큰 아시아 소싱 이니셔티브의 시작을 알렸습니다.
Maison Solutions (NASDAQ:MSS), un détaillant spécialisé en produits d'épicerie asiatiques, a présenté des résultats financiers difficiles pour le 1er trimestre 2026. Les revenus nets totaux ont diminué à 27,2 millions de dollars contre 28,2 millions l'année précédente, avec une perte nette de $(1,5) millions contre un bénéfice de $0,7 millions l'année dernière. La marge brute est passée à 24,2% contre 28,9%, principalement en raison des effets de l'inflation.
L'entreprise a défini des priorités stratégiques incluant des opportunités de fusions et acquisitions dans les régions du Midwest et du Southwest, l'intégration technologique et l'expansion des relations d'approvisionnement direct en Asie du Sud-Est. MSS a récemment conclu un accord de distribution avec Guizhou Moutai Chiew afin d'apporter des liqueurs chinoises de luxe dans les magasins californiens, marquant le début d'initiatives d'approvisionnement plus vastes en provenance d'Asie.
Maison Solutions (NASDAQ:MSS), ein spezialisierter asiatischer Lebensmittel-Einzelhändler, berichtete über herausfordernde Q1 2026 Finanzresultate. Die Nettoumsätze sanken auf $27.2 Millionen von $28.2 Millionen im Vorjahreszeitraum, mit einem Nettoprofit von $(1.5) Millionen gegenüber $0.7 Millionen Gewinn im letzten Jahr. Die Bruttomarge ging von 28.9% auf 24.2% zurück, hauptsächlich aufgrund von Inflationsauswirkungen.
Das Unternehmen skizzierte strategische Prioritäten, darunter M&A-Möglichkeiten im Mittleren Westen und Südwesten, Technologieintegration und den Ausbau direkter Beschaffungsbeziehungen in Südostasien. MSS hat kürzlich eine Vertriebsvereinbarung mit Guizhou Moutai Chiew getroffen, um luxuriöse chinesische Spirituosen in kalifornische Geschäfte zu bringen, was den Beginn breiterer asiatischer Beschaffungsinitiativen markiert.
Maison Solutions (NASDAQ:MSS)، بائع تجزئة متخصص في البقالة الآسيوية، قد أبلغ عن نتائج مالية صعبة للربع الأول من 2026. انخفضت العوائد الصافية الإجمالية إلى $27.2 مليون من $28.2 مليون سنويًا، مع خسارة صافية قدرها $(1.5) مليون مقارنة بعائد قدره $0.7 مليون في العام الماضي. هبط هامش الإجمالي إلى 24.2% من 28.9%، ويرجع ذلك أساسًا إلى آثار التضخم.
أوضحت الشركة أولويات استراتيجية تشمل فرص الاندماج والاستحواذ في منطقة الغرب الأوسط والجنوب الغربي، ودمج التكنولوجيا، وتوسيع علاقات الشراء المباشر في جنوب شرق آسيا. كما أبرمت MSS مؤخرًا اتفاق توزيع مع Guizhou Moutai Chiew لجلب المشروبات الكحولية الصينية الفاخرة إلى متاجر كاليفورنيا، مما يمثل بداية مبادرات شراء أوسع من آسيا.
Maison Solutions (NASDAQ:MSS)，一家专注于亚洲杂货的零售商，公布了具有挑战性的2026年第一季度财务业绩。净收入总额从去年同期的<$28.2 million降至本期的$27.2 million，净亏损为$(1.5) million，相比去年同期的$0.7 million利润。毛利率从28.9%降至24.2% ，主要受通胀影响。
公司阐述了战略优先事项，包括在中西部和西南部的并购机会、技术整合，以及在东南亚扩大直接采购关系。MSS最近与Guizhou Moutai Chiew签署分销协议，将高端中国白酒引入加州门店，标志着来自亚洲的更广泛采购计划的开始。
- Strategic distribution agreement secured with Guizhou Moutai Chiew for luxury liquor imports
- Lee Lee acquisition continues to contribute with increased sales
- Expansion opportunities identified in underserved Midwest and Southwest markets
- Net revenues declined 3.5% to $27.2M year-over-year
- Negative EBITDA of $(0.46)M compared to $1.69M last year
- Net loss of $(1.5)M versus $0.7M profit in prior year
- Gross margin contracted to 24.2% from 28.9% due to inflation
- Decreased sales from California-based supermarkets
Insights
Maison Solutions reports concerning Q1 with declining revenue, compressed margins, and a shift to net loss despite strategic initiatives.
Maison Solutions' Q1 2026 results reveal concerning financial deterioration with
The bottom line has swung dramatically negative, with EBITDA plunging from positive
California operations appear to be underperforming, with management noting decreased sales in this region. While the Lee Lee acquisition provided some revenue offset, it seemingly contributed to higher costs without proportional revenue gains, suggesting integration challenges or underperformance relative to expectations.
The strategic commentary appears disconnected from current performance issues. Management emphasizes M&A opportunities, particularly in Midwest and Southwest markets, along with technology investments and supply chain initiatives like the Guizhou Moutai distribution agreement. However, there's notably limited discussion addressing the immediate financial challenges - particularly the significant margin compression and operational losses.
With deteriorating financial metrics and limited concrete remediation plans, investors should monitor whether the company can stabilize performance while simultaneously pursuing growth initiatives. The current trajectory raises questions about the sustainability of the company's expansion strategy without first addressing core operational challenges.
MONTEREY PARK, CA / ACCESS Newswire / September 22, 2025 / Maison Solutions Inc. (NASDAQ:MSS) ("Maison Solutions" or the "Company"), a U.S.-based specialty grocery retailer offering traditional Asian and international food and merchandise, today announced financial results for the first quarter ended July 31, 2025.
Management Commentary
John Xu, Chief Executive Officer of Maison Solutions commented: "M&A continues to remain a core lever for growth. Our acquisition of Lee Lee highlighted the transformative impact of this strategy, as evidenced by our strong growth delivered last fiscal year. We plan to remain opportunistic on this front, with a particular focus on the Midwest and Southwest regions, which hold a steadily growing Asian and ethnic minority population that remain underserved. These markets present an attractive opportunity to establish a meaningful presence given the absence of clear industry leaders. Outside of supermarket acquisitions, we view technology as a long-term enabler of operational efficiency. Emerging technologies like AI and blockchain hold significant potential to optimize supermarket operations, and we are actively evaluating inorganic opportunities and strategies in this space."
"On the supply chain front, building direct sourcing relationships across Southeast Asia region remains another core strategy. This model is critical for creating a lean and scalable supply chain while unlocking opportunities in private label development, brand partnerships, and margin expansion - benefits we can also pass along to our customers in the form of savings. As an early step, we recently entered into a distribution agreement with Guizhou Moutai Chiew Import and Export Co., Ltd. to bring one of China's leading luxury liquor brands to our California stores. This marks the beginning of a broader initiative to expand our Asian sourcing network and introduce a wider range of popular regional products across our supermarkets. In parallel, we see M&A as a potential lever to accelerate these capabilities."
"At this stage of our organic growth strategy, we remain committed to strengthen the Lee Lee operations and performance, building on the proven success and financial contributions of the past year to drive sustained margin improvements. Together, these strategic priorities position us to strengthen our capabilities and ultimately better serve our communities and drive sustainable growth for the long-term."
First Quarter 2026 Financial Results
Total net revenues for the first quarter were
Net revenues from perishable goods for the first quarter was
Total cost of revenues for the first quarter was
Gross profit for the first quarter was
EBITDA for the first quarter was
Net loss attributable to Maison Solutions for the first quarter was approximately
For more information regarding Maison Solution's financial results, including financial tables, please see our Form 10-Q for the first quarter ended July 31, 2025, to be filed with the U.S. Securities and Exchange Commission (the "SEC") on September 22, 2025. The Company's SEC filings can be found on the SEC's website at https://www.sec.gov/ or the Company's investor relations site at https://investors.maisonsolutionsinc.com/.
About Maison Solutions Inc.
Maison Solutions Inc. is a U.S.-based specialty grocery retailer offering traditional Asian food and merchandise, particularly to members of Asian-American communities. The Company is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse makeup of the communities in which the Company operates. Since its formation in 2019, the Company has acquired equity interests in four traditional Asian supermarkets in the Los Angeles, California area, operating under the brand name HK Good Fortune, and three supermarkets in the Phoenix and Tucson, Arizona metro areas, operating under the brand name Lee Lee International Supermarket. To learn more about Maison Solutions, please visit the Company's website at www.maisonsolutionsinc.com. Follow us on LinkedIn and X.
Non-GAAP Financial Measures
As required by the rules of the Securities and Exchange Commission ("SEC"), we provide reconciliations of EBITDA, a non-GAAP financial measure, contained in this press release to the most directly comparable measure under GAAP, which reconciliations are set forth in the table below.
Maison Solutions Inc. uses a variety of operational and financial metrics, including non-GAAP financial measures such as EBITDA to enable it to analyze its performance and financial condition. EBITDA excludes items that may not be reflective of, or are unrelated to, the Company's core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying business. Because EBITDA is a non-GAAP financial measure, other companies may calculate EBITDA differently, and therefore our measures may not be comparable to similarly titled measures used by other companies. The presentation of non-GAAP financial information should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. EBITDA should only be used as a supplemental measure of our operating and financial performance.
2025 | 2024 | |||||||
Net income (loss) | $ | (1,656,651 | ) | $ | 617,826 | |||
Interest expense | 652,409 | 179,056 | ||||||
Income tax expense | 320,543 | 628,780 | ||||||
Depreciation and amortization expense | 220,759 | 266,895 | ||||||
EBITDA | $ | (462,940 | ) | $ | 1,692,557 | |||
Cautionary Note Concerning Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC, copies of which are available on the SEC's website at www.sec.gov. Maison Solutions undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise that occur after the date of this release, except as required by law.
Investor Relations Contact:
Gateway Group, Inc.
+1-949-574-3860
MSS@gateway-grp.com
SOURCE: Maison Solutions, Inc
View the original press release on ACCESS Newswire
FAQ
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