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Bullboard - Stock Discussion Forum
Diamond Estates Wines & Spirit Inc
V.DWS
Alternate Symbol(s):
DWWEF
Consumer Defensive
Beverages - Wineries & Distilleries
Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol...
brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP is the sales agent for many international brands in all regions of the country as well as being a distributor in the western provinces.
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TSXV:DWS - Post Discussion
Diamond Estates Wines & Spirit Inc
> Aritizia drops 20% today
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•••
88guy88
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Post by
88guy88
on Jul 12, 2023 9:52am
Aritizia drops 20% today
consumer challenges.....likely DWS will have similar consumer growth challenges.....consumers are getting really tight with their money...and likely another rate hike today
(10)
•••
habsfan
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Comment by
habsfan
on Jul 12, 2023 11:32am
My thought is "fasten your seat belts"; things are going to get very rough for lots of consumers and companies. As consumer disposable income keeps shrinking so will disposable income purchases (like wine !). People will need to focus on managing their debt load while sticking to (basic) necessities. For those who have been managing debt, buying and lifestyle, good
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