Bullboard - Stock Discussion Forum 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... see more

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Andrew Peller Ltd > Consumers restricting dining out and drinking

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Post by TheCount11 on Aug 30, 2023 9:45am

Consumers restricting dining out and drinking

“We are experiencing an unprecedented time in the beverage alcohol industry here in Canada, and around the world. It is extremely rare to see consumers restricting dining out and alcohol consumption more broadly in order to afford the essentials of life,” said Andrew Howard, President and CEO DWS.

Will Peller be less affected because they have a broader wine portfolio that has a higher premium wine skew vs DWS?

Wine industry is structurally unprofitable without Government support.

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