Buda Juice Reports Second Quarter 2026 Financial Results

DALLAS--(BUSINESS WIRE)--Aug 13, 2026--

Buda Juice, Inc. (NYSE American: BUDA | NYSE Texas: BUDA), creator and pioneer of the Ultra Fresh category in the supermarket fresh perimeter, has reported its financial results for the second quarter ended June 30, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260812810209/en/

Second Quarter 2026 & Subsequent Operational Highlights:

Horatio Lonsdale Hands, Co-Founder and Chief Executive Officer of Buda Juice, said:

“Something important is happening in the grocery juice category. For decades, the category has been built around pasteurized, shelf-stable juice, and consumers are increasingly walking past it. What they respond to, powerfully, is truly fresh juice, with strong value, merchandised cold in the produce section. Fresh juice is not a premium version of the existing category; it behaves like a different category of beverage altogether, a daily staple enjoyed by adults and children alike.

“Major grocery retailers are beginning to recognize this and to reset their juice sections around fresh. We believe this is a structural shift, not a merchandising trend, and the early data is striking. For example, in one recent installation at a large retailer, the Buda Fresh section occupies roughly one third of the juice cooler. Yet, we believe it may be outselling the entire adjacent pasteurized juice set. It is a single early data point, but it is consistent with what we are seeing in our established markets: when consumers are offered truly fresh juice, it wins decisively.

“Delivering on this shift is difficult, and that is precisely Buda’s advantage. Producing clean-label fresh juice, holding it at 35°F from harvest to shelf, and giving retailers 8-12 day shelf life with no in-store labor is an operational challenge very few suppliers can meet. Our proprietary Fresh35° cold chain was built for exactly this moment. As retailers rebuild the juice category around fresh in the produce section, we believe Buda is one of the very few companies positioned to actually deliver on it reliably, safely and at scale.

“Our second quarter results reflect a business investing behind that opportunity. Revenue grew 26.4%, and we are seeing that as customers experience Ultra Fresh, they come back, try new flavors and make it a larger portion of their beverage spend as they recognize its versatility as a value Ultra Fresh beverage, with Buda Fresh products ranging from $1.47 to $5.99, the entire family enjoys. Gross margin in the quarter was compressed by identifiable, largely transitory items rather than by the underlying economics of the juice business, and we expect much of that pressure to resolve as dressings production moves in-house.

“The juice category is being rebuilt in front of us. Our job is to stay disciplined, maintain operational excellence that supports strong margins and make sure that wherever a retailer decides to go fresh, Buda is the clear choice.”

Second Quarter 2026 Financial Results

Revenue increased 26.4% to approximately $4.5 million, compared to approximately $3.6 million in the year-ago quarter. The core beverage business continued to deliver healthy same-store sales growth, supplemented by partial-quarter contributions from two initiatives launched during the quarter: the expansion of Buda Fresh™ distribution into 246 Walmart locations across nine states, and a small, cash-funded asset acquisition in freshly prepared dressings.

Gross profit was approximately $1.7 million, or 36.6% of total revenue, compared to approximately $1.7 million, or 46.7% of total revenue, in the year-ago quarter. The gross margin decline was concentrated in identifiable, largely transitory items rather than in the underlying economics of the juice business, including:

Operating expenses were approximately $1.2 million, compared to approximately $0.5 million in the year-ago quarter. As a percentage of revenue, operating expenses were 26.8%, compared to 14.7% in the year-ago quarter, reflecting public company costs, stock-based compensation expense, added commercial capability to support the Walmart expansion and the acquisition of the dressings business. Operating income was approximately $0.4 million, compared to approximately $1.1 million in the year-ago quarter when Buda was a private company.

Net income was approximately $0.5 million, or $0.04 per diluted share, compared to net income of approximately $1.2 million in the year-ago quarter when Buda was a private company.

Adjusted EBITDA was approximately $0.7 million, or 16.1% of revenue, for the second quarter of 2026, compared to approximately $1.2 million, or 33.8% of revenue, in the year-ago quarter.

Cash and cash equivalents as of June 30, 2026, totaled approximately $18.8 million, with no outstanding debt.

Free cash flow was ($0.8) million in the quarter, primarily reflecting a one-time increase in accounts receivable as a major customer transitioned to non-discounted payment terms, along with approximately $0.4 million in capital expenditures to upgrade the Dallas facility for the fresh dressings production line. Together, these items drove a ($1.9) million swing in Free Cash Flow during the quarter. The Company expects Free Cash Flow to normalize during the third quarter.

Q2 2026 Earnings Conference Call and Webcast

Management will host an investor conference call at 11:00 a.m. Central Time today, Thursday, August 13, 2026, to discuss the Company’s second quarter 2026 financial results, provide a corporate update, and conclude with Q&A from telephone participants. To participate, please use the following information:

Date: Thursday, August 13, 2026
Time: 11:00 a.m. Central Time
Toll-Free Dial-in: 1-800-715-9871
International Dial-in: 1-646-307-1963
Conference ID: 7817249
Webcast:https://events.q4inc.com/attendee/220534047

Please join at least five minutes before the start of the call to ensure timely participation.

About Buda Juice

Buda Juice, Inc. (NYSE American: BUDA) is the creator and pioneer of the Ultra Fresh™ category through an end-to-end cold-chain platform that delivers always-cold, freshly crafted juices, lemonades, wellness shots and other fresh products to grocery retailers. The Company provides a turnkey alternative to shelf-stable products and in-store production, enabling retailers to offer truly fresh, clean-label products without added infrastructure or operational complexity. Its continuous 35°F cold chain from production to shelf delivers products with an 8- to 12-day shelf life that preserves authentic taste and nutrient quality while enabling efficient retail distribution.

Buda Juice’s proprietary cold-chain infrastructure enables the Company to scale the Ultra Fresh™ category nationally while maintaining the quality, safety and consistency required by leading grocery retailers, with a disciplined focus on profitability. For more information, please visit budajuice.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include information about management’s view of the Company’s future expectations, plans and prospects, including statements regarding retail category trends, retailer merchandising decisions, expected margin improvement, the transition of dressings production in-house and preliminary sales results, and are generally preceded by words such as “anticipate,” “believe,” “eventually,” “expect,” “future,” “may,” “look forward to,” “plan,” “projected,” “should,” “will,” and other words that convey the uncertainty of future events or outcomes. You are cautioned that such statements are subject to a multitude of known and unknown risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Certain of these risk factors and others are included in documents the Company files with the Securities and Exchange Commission, available at sec.gov.

The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other factors, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company’s control. You are urged not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Except as may be required by applicable law or regulation, the Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.

Use of Non-GAAP Measures

Adjusted EBITDA, defined as earnings (loss) before interest, taxes, depreciation and amortization, stock compensation expense, transaction-related expenses (if any) and other non-recurring expenses (of any), and Free Cash Flow, defined as net cash provided (used) by operating activities less capital expenditures, represent measures that we believe is customarily used by investors and analysts to evaluate the financial performance of companies in addition to the GAAP measures we present. Our management also believes these measures are useful in evaluating our core operating results. However, this is not a measure of financial performance under GAAP and should not be considered an alternative to net income or operating income as an indicator of our operating performance. Numbers in the following reconciliation table may not add due to rounding.

 

A recent Buda Fresh installation at a large grocery retailer. The Buda Fresh section (right) represents roughly 1/3 of the cooler, which the Company believes outsells the remaining 2/3 that hold conventional pasteurized juices.

JERUSALEM (AP) — The U.S. ambassador to Israel on Thursday condemned a siege by Israeli settlers of a Palestinian American family's home in the Israeli-occupied West Bank, calling it a “horrific act of terror.”

Mike Huckabee's remarks on X represented an unusually sharp rebuke from the Trump administration of the latest episode in a surge of settler violencein the region.

Starting Sunday, settlers gathered around three houses in the village of Qusra, including one belonging to Palestinian American Loui Ridi, according to local officials, Ridi and Ridi's brother. At times numbering dozens, the settlers threw stones, attempted to bring down a stone wall nearby, and prevented the occupants from leaving as their food and water dwindled.

On Thursday morning, Ridi's brother, Qusai Abu Rida, who had holed up in the house with his own teenage son to defend it, said they were moved by Israel’s military to another home but still cannot leave the area.

The military declined to confirm whether it moved the pair and other residents. But Israeli troops have intervened in recent days to try to restore order. The military said Thursday that its troops dismantled “two illegal outposts” on the outskirts of Qusra and a nearby village, and detained one Israeli. It added that additional soldiers had gone to the area, which is about 16 kilometers (10 miles) from the Palestinian city of Nablus, to “carry out defensive missions and patrols.”

Qusra Mayor Abdel Azim Wadi said that Israeli forces evacuated seven homes in total to take positions in the village. The settlers, though removed from their outposts, remain in other parts of the village, he added.

Journalists on the outskirts of Qusra said roads into the village were closed on Thursday afternoon. Israeli police did not immediately respond to questions about whether any detained Israelis had been arrested.

Palestinians and the Israeli opposition accuse Prime Minister Benjamin Netanyahu’s hard-line government of turning a blind eye to attacks by settlers against Palestinians as clashes have surged in the last few years. Huckabee is a longtime ally of Israel’s settler movement and in the past has expressed support for Israeli control over the occupied West Bank, while condemning settler violence.

“Actions by those who carried out this horrific act of terror meant to intimidate and harass this family are disgusting,” Huckabee said in his post, noting that the embassy has been coordinating with the Israeli military and police.

Settlers began their siege of the homes Sunday, blocking the doors and preventing inhabitants from leaving, Abu Rida said. Israel’s military condemned the siege as “illegal, reprehensible, and unacceptable” on Tuesday and declared the area a closed military zone. But by Wednesday, dozens of settlers had returned and begun to block the road with rocks.

Speaking to The Associated Press by phone on Wednesday from Ohio, where he lives, Ridi, said his 48-year-old brother and nephew had not had access to new food or water supplies for several days.

Ridi said that settlers have been targeting his home for months before the situation escalated in recent days, saying they had cut off the water and electricity to his house and thrown stones, causing damage to the property.

“We are prisoners in our own house, hostages in our own house,” he said.

Qusra is in one of the most violent pockets of the northern West Bank, surrounded by settlements.

Last month, a mosque in Qusra was set on fire in another apparent settler attack. That followed the killing of an Israeli settler, triggering violence that left two Israeli soldiers and four Palestinian villagers dead.

Settlers have been building more outposts in an effort condemned by many in the international community as aimed at dismantling any remaining hopes of establishing a Palestinian state in the occupied West Bank.

The Palestinians seek the West Bank, captured by Israel in the 1967 war, as part of a future state. Many settlers and their supporters say the entire area should belong to Israel for historical, religious and security reasons.

This story has been updated to correct the first name of the homeowner to Loui.

Associated Press writers Sam Mednick and Giovanna Dell'Orto contributed from Jerusalem. Koral Saeed contributed reporting from Herzliya, Israel.

Israeli soldiers stand guard next to settlers in front of Palestinian homes that they have blockaded in the village of Qusra, south of Nablus, in the occupied West Bank, Wednesday, Aug. 12, 2026. (AP Photo/Nidal Eshtayeh)

Israeli soldiers stand guard next to settlers in front of Palestinian homes that they have blockaded in the village of Qusra, south of Nablus, in the occupied West Bank, Wednesday, Aug. 12, 2026. (AP Photo/Nidal Eshtayeh)