Quinlash - it would seem you’re the one that needs to read the financials.
Alocohol overall has shown increased revenue - however, gross margin is significantly lower than industry average
He referred to craft beer - the report specifically stated that gross profit was down iin alcohol division due specifically to low craft beer margins - related to poor sales.
Increased revenue is meaningless when increased direct expenses related to produce the product increase more.
Whoever told you otherwise is mistaken.
Comment by
quinlashon Apr 15, 2024 8:24am 50 Views
Post# 35988939
RE:RE:Zack Savage,
You should go back and read the quarter report summary on their website as well as open the financial reports. Their alcohol sales are doing extremely well.
Whoever is telling you otherwise is mistaken.