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Bullboard - Stock Discussion Forum Colabor Group Inc COLFF


Primary Symbol: T.GCL

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories... see more

TSX:GCL - Post Discussion

Colabor Group Inc > Hiring problem
View:
Post by Fallbackon on Jul 25, 2021 9:25pm

Hiring problem

GCL has much difficulty hiring an adequate number of employees to ensure the growth of the company.
I think we can expect a large increase in operating costs.
I think it is not prudent to assume an easy increase in the earnings in the short term.
Stock price advance could be delayed
Comment by Pat123 on Jul 26, 2021 4:26pm
They are having dificulties to hire truck drivers. They need like 10 drivers. Additional operating costs would be overmatched by sale increase. In addition, they will transfere additional cost to customers with price increases. EBITDA margin are good too. Expecting strong Q3 2021 numbers. Even better for Q4.
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