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LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

Consumer Cyclical Specialty Retail


TSX:LIQ.DB.B - Post by User

LIQUOR STORES NA LTD 4.70 PCT DEBS > Power of the USD
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Comment by d_trumpon Jan 15, 2016 12:58pm
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Post# 24462535

RE:Power of the USD

RE:Power of the USDyes, the strong USD is good for LIQ.  Their US store count is less than 20%, but they are larger format stores on average, so with the recent additions, US revenue will be about 35% going forward.  They do have some USD corporate expenses so that will take away a little.  But I think their debt is all CAD so that is good as well.   Net net, the strong USD will definitely help offset the Alberta weakness.
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