Choose Your City
Change City

Big year for booze sellers

It’s good to be in the liquor business.

It’s good to be in the liquor business.

The Nova Scotia Liquor Corporation has reported a 3.8 per cent increase in net income for the past six months. Sales are up 4.1 per cent for that period, including eight per cent for wine, three per cent for both beer and spirits and seven per cent for ready-to-drink options.

“Our year-to-date net income is still above budget by $1.2 million. We are cautiously optimistic that we will meet our year-end financial targets with the busy holiday selling season ahead,” said Bret Mitchell, NSLC president and CEO, in a statement.

The corporation reported earnings of $124.3 million on sales of $318.6 million.

You Might Also Like