By Connor Hart

Shares of Village Farms International fell after the company said supply constraints tempered fourth-quarter results.

The stock slipped 7.4%, to $3.25, in premarket trading Thursday. Through Wednesday's close, shares have increased more than fivefold over the past year.

The agricultural greenhouse-facility operator swung to a profit of $2.43 million from a loss of $8.63 million a year earlier. Quarterly earnings of 1 cent a share missed analyst expectations for 4 cents a share, according to FactSet.

Sales climbed 9.3% to $49.6 million but came in below the $53 million that Wall Street modeled. Canadian cannabis sales--the company's largest business unit--were up 10%, to $37.8 million.

Chief Executive Michael DeGiglio said demand continues to significantly outpace the company's current production capacity.

"Temporary supply constraints coupled with rapidly evolving global regulatory frameworks has created near-term variability in performance as we balance the complex needs of our diverse customer base," he said, adding that the company is working on initiatives to increase supply.

"We look to the remainder of 2026 with a growth mindset," DeGiglio said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 12, 2026 08:49 ET (12:49 GMT)

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