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



TSX:LIQ.DB.B - Post by User

Comment by Goldbuggy1on Jan 16, 2016 4:22am
74 Views
Post# 24464581

RE:RE:RE:Power of the USD

RE:RE:RE:Power of the USDCost will go up in US Stores, such as rent, wages, etc., but so will profits. Since stores in the US are making a profit then a stronger US Dollar is good for the company and better. Keep in mind the LIQ also has large format stores in Alaska, which is also Oil Dependent and paid in US Dollars. So the stores profits in Kentucky would have to first outweigh the stores in Alaska, to be a big benefit. LIQ buys it liquor from the ALCB so imported liquor is not important. Cheap California Wine may go up in price but then other countries make wine to, like Greece. Besides, Canada makes the best Whiskey, Russia Vodka, UK Gin, Jamaica Rum, France Wine, Mexico Pot, and so on. So when it comes to the Liquor Business the USA are actually small players. Also know that will a strong US Dollar, our stores their will find it cheaper to buy imported liquor, which they do a lot.
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