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Corby Spirit and Wine Ltd CRBBF


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

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 Mar 27, 2022 5:39pm
294 Views
Post# 34550289

RE:RE:RE:Grain cost and margin

RE:RE:RE:Grain cost and marginBooze and tobacco firms generally do okay regardless of the economic situation. People don't drink or smoke less even in tough times.Those in the lower end of the income scale may switch to lower quality/discount brands. I believe Corby has a product portfolio that spans a good portion of the price range. Most of their sales is in Canada. Canada is a large producer of commodities which provides an economic tailwind and generally benefits those working in the related sectors. Also, with bars and restaurants fully re-open, there should be a boost in on-premise sales. I think CSW will do okay in the current environment. It's probably one of the best defensive plays along with tobacco stocks.... lots of FCF and solid dividend payout.
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