TSX:LIQ.DB.B - Post by User
Comment by
Ticker28on Jan 03, 2016 12:59am
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Post# 24425488
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:sales during a recession
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:sales during a recessionPrecisely. The economy of scale is massive in the United States. This is why LSNA will outperform any rival that is strictly Alberta based such as Rocky Mountain Liquor - RUM.V
If we hit the US market and scale up we can be doing an incredible amount of sales quickly just as others have done. Maybe in time even complete a merger with a rival such as Total Wines and More if it makes economic sense. Might be a cheaper way of expanding in the US market. However I don't mind them taking a disciplined approach and add a few stores here or there as US Market prices are overvalued at present.