Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s): DWWEF

Consumer Defensive Beverages - Wineries & Distilleries

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP is the sales agent for many international brands in all regions of the country as well as being a distributor in the western provinces.

TSXV:DWS - Post by User

Diamond Estates Wines & Spirit Inc

Bullboard Posts

Comment by bodiggityon Aug 01, 2019 11:35am

188 Views

Post# 29984233

RE:RE:RE:RE:Earnings

I made some very nice money. The wine business in Canada is very lucrative. I am watching these numbers most closely:

Diamond Estates maintained its leading position in the Ontariogrocery channel, with case sales increasing 40.5% year-over-year and Diamond brands representing four of the top five-selling products by volume in this channel;

That is where the growth of this business is going to take place over the next few years.

I am sticking with it. Lassonde certainly helps.

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