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

Consumer Defensive Grocery Stores
Rocky Mountain Liquor Inc., through its subsidiary Andersons Liquor Inc. (Andersons), owns and operates private liquor stores. The Company owns and operates 25 liquor stores in Alberta. The product mix generally offered by Andersons at its retail stores includes beer, spirits, wine and ready to drink liquor products, as well as ancillary items, such as juice, ice, mix and giftware. The Company... 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.
Rocky Mountain Liquor Inc