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Bullboard - Stock Discussion Forum Corby Spirit and Wine Ltd T.CSW.A

Alternate Symbol(s):  T.CSW.B | CRBBF | CBYDF

Corby Spirit and Wine Limited is a Canadian company, which is a manufacturer, marketer, and distributor of spirits, wines and ready-to-drink beverages. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in... see more

TSX:CSW.A - Post Discussion

Corby Spirit and Wine Ltd > MORE FROM PERNOD -- WISERS DOUBLE DIGIT GROWTH
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Post by CaptainBigDaddy on Jan 07, 2021 1:12pm

MORE FROM PERNOD -- WISERS DOUBLE DIGIT GROWTH

This is from Pernod's website October 2020 press release -- most brand sales down, but not Wisers.....

By category, Sales were driven by:
•    Strategic International Brands: -10%, with significant declines for Martell, Chivas and Ballantine’s, due mostly to Travel Retail, but continued strong growth of Malibu and The Glenlivet, and resilience of Jameson
•    Strategic Local Brands: -6%, with decline of Seagram’s Indian whiskies but double-digit growth of Kahlua, Passport, Ramazzotti and Wiser’s
•    Specialty Brands: +30%, thanks in particular to Lillet, Malfy, Aberlour, Avion, Altos and Monkey 47
•    Strategic Wines: +9%, driven by double-digit growth of Campo Viejo and Brancott Estate, and Jacob’s Creek at +8%
Reported Sales declined -10% due to unfavourable FX impacts, mainly from US Dollar and emerging market currencies.
Comment by autofocus111 on Jan 09, 2021 6:55pm
Captain, I think you should compare with PR sales in the same quarter a year earlier (pre-pandemic). During the pandemic, for whatever reason, Canadian sales held up much better than Pernod's other markets. I believe their duty-free sales were greatly impacted this year as well. CSW does not have that issue to contend with. >>>Reported growth was +4.0% due to a favourable FX impact ...more  
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