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Corby Spirit and Wine Ltd T.CSW.A

Alternate Symbol(s):  CBYDF | T.CSW.B | CRBBF

Corby Spirit and Wine Limited is a Canadian company, which is a manufacturer, marketer, and distributor of spirits, wines and ready-to-drink beverages. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in Canada. Its portfolio of owned brands includes J.P. Wiser's, Lot 40, and Pike Creek Canadian whiskies, Lamb's rum, Polar Ice vodka and McGuinness liqueurs, as well as the Ungava gin, Cabot Trail maple-based liqueurs and Chic Choc spiced rum, and Foreign Affair wines. It represents international brands, such as ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, Mumm champagne, and Jacob's Creek, Wyndham Estate, Stoneleigh, Campo Viejo, Kenwood wines, and Nude.


TSX:CSW.A - Post by User

Comment by autofocus111on Jan 12, 2021 1:45pm
174 Views
Post# 32277215

RE:Distributor sell out

RE:Distributor sell outYes Captain CSW had an unusually strong FY21Q1 earnings. Covid has led to unpredictable and volatile results. Management states this in their press release.CSW is a good company, but it is flawed to think the current results are the new normal for the business. I advise not to use the recent figures as a baseline for future performance.  Expect a return to normal trends when the effects of the virus are behind us. 

>>>This strong first quarter result is encouraging as we operate in this challenging and volatile environment. This quarterly performance is not indicative of the expected full year trend as our shipments far exceeded retail depletions and the phasing of our expenses means that our first quarter spend was unusually low. 

https://corby.ca/en/news/article/?id=137348
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