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Bullboard - Stock Discussion Forum Rocky Mountain Liquor Inc V.RUM

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... see more

TSXV:RUM - Post Discussion

Rocky Mountain Liquor Inc > RUM Could be an interesting target for CLIQ.T
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Post by midard on Aug 22, 2020 7:44pm

RUM Could be an interesting target for CLIQ.T

same kind of business

Alcanna mentioned in the last quarter: "Alcanna's liquor stores in all regions experienced sales significantly higher than the prior year period in the second quarter of 2020. We believe that the stronger than expected same-store sales growth in the second quarter was primarily a result of shifting customer consumption habits due to more people dining and entertaining at home after the closure of on-premise liquor establishments (restaurants, bars, lounges, etc.) for the majority of this period of time, and now with the mass gathering and social distancing restrictions on these establishments when they reopened. We believe these new consumer behaviour patterns will continue for the foreseeable future with on-premise locations being allowed only restricted operations and many consumers being uncomfortable in confined public places as long as the COVID-19 threat remains."
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