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Andrew Peller Ltd T.ADW.A

Alternate Symbol(s):  ADWPF | T.ADW.B

Andrew Peller Limited is a producer and marketer of wines and craft beverage alcohol products in Canada. With wineries in British Columbia, Ontario and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia's Okanagan and Similkameen Valleys, and from vineyards around the world. Its premium and ultra-premium Vintners' Quality Alliance brands include Peller Estates, Trius, Thirty Bench, Wayne Gretzky, Sandhill, Red Rooster, Black Hills Estate Winery, Tinhorn Creek Vineyards, Gray Monk Estate Winery, Raven Conspiracy and Conviction. It imports wines from various wine regions around the world to blend with domestic wine to craft these products. It also produces craft beverage alcohol products, including No Boats on Sunday ciders and seltzers, and various spirits and cream whisky products under the Wayne Gretzky No. 99 brand. It produces and markets premium personal winemaking products through its subsidiary, Global Vintners Inc.


TSX:ADW.A - Post by User

Post by Yohhhhon Jun 18, 2022 11:51am
394 Views
Post# 34766724

Reopening play?

Reopening play?I got into Andrew peller thinking they would be well positioned when things reopen and they looked like a reasonably valued company. Unfortunately, this one is tanking. The last few quarters have been quite disappointing. I don't know enough about management but they seem complacent regarding the poor financial performance. That being said, the next quarter should be better based off the seasonality and Covid reopening. Last year, I had the same expectation during the q2 and q3 but management blamed poor performance on the previous year being an anomaly... This year if they have poor performance they'll blame it on inflation. I should've cut my losses but here I am haha
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