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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 > Solid earnings
View:
Post by jcorobow on Nov 25, 2021 10:53pm

Solid earnings

They seemed to have delivered anther solid quarter in spite of the difficult year over year comps.

great gross margin and operating margin, balance sheet looking REALLY good
Comment by Ferociousbear on Nov 26, 2021 9:42am
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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