Bullboard - Stock Discussion Forum Corby Spirit and Wine Ltd CRBBF

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

Consumer Defensive Beverages - Wineries & Distilleries

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... see more

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Corby Spirit and Wine Ltd > First Pass at Annual Report - Good earnings

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Post by schocor on Nov 12, 2020 12:51pm

First Pass at Annual Report - Good earnings

I took a first pass at the annual report; the numbers look good to me. Profit up and sales up. Turns out Canadians drink more at home than they do when they go out; good news for me and you. If I recall correctly there were some operational changes to the relationship between Corby and Hiram Walker - if I recall correctly Corby no longer runs the distillery. Maybe I have that wrong but there was some operational change that I left myself a note to understand better. First pass looks pretty good.

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Comment by autofocus111 on Nov 12, 2020 1:12pm

schocor Q1/21 results are out too. Blowout numbers due to strong stocking by liquor marts ahead of xmas/shutdown2.0. Dividend back up to 0.22. Can't ask for more. And yes, HW distillery is owned by CSW controlling shareholder PernodRicard. PR produces spirits for CSW at that facility. CSW is largely a marketing and distribution entity. It does however own a small distilling operation and ...more

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Corby Spirit and Wine Ltd