Rocky Mountain Liquor Inc V.RUM

Consumer Defensive Grocery Stores

Rocky Mountain Liquor Inc. is a Canada-based company. The Company, through its wholly owned subsidiary, Andersons Liquor Inc., owns and operates approximately 24 private liquor stores in Alberta. The Company is engaged in selling beer, wine, spirits, ready to drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Fort McMurray, Gibbons, Grande Prairie, Lac La Biche, Lethbridge, Morinville, Rocky Mountain House, Slave Lake, St. Paul, Sylvan Lake and Wetaskiwin.

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Rocky Mountain Liquor Inc

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Comment by Ferociousbearon Nov 26, 2021 9:42am

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Post# 34168326

RE:Solid earnings

Agreed, sales are down from last year which was to be expected because of pandemic bump. However, gross margins are up and admin expenses are down from last year. Do not see any signs of labour shortage which affects almost everyone. I guess Alberta has relatively high unemployment rate. They are making a lot of cash and paying down their debt. Happy with earnings.

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