Andrew Peller Ltd T.ADW.A

Alternate Symbol(s): ADWPF | T.ADW.B

Consumer Defensive Beverages - Wineries & Distilleries

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

Andrew Peller Ltd > 2nd Quarter Fiscal 2025 earnings

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Comment by Puma1backon Nov 08, 2024 9:44am

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Post# 36302968

RE:2nd Quarter Fiscal 2025 earnings

Too early to see effects of new CEO but moving forward, though slowly.

Still cannot understand how Port Moody asset held for resale is still included in operating capital assets.

Jonathan9 wrote: Overall, positive in my opinion.

Sales up, gross margin up, inventory down, long term debt down, market share gains, share buybacks.

Note: This is irregular quarter with benefit of LCBO strike.

Additional catalysts: falling variable interest rates, continuing share buybacks, rollout of supply to additional retailers (convenience stores, grocery + Costco), Port Moody sale and upcoming strong Holiday season.