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Monday, April 29, 2013

NB Liquor Reporting More Sales And Higher Earnings

Things are looking a bit better for NB Liquor. 

Total sales for the fourth quarter which ended March 31st were $78.8 million, an increase of $1.6 million or 2.1 per cent from the same time a year earlier. 

Net earnings totalled $31.4 million, an increase of $1.1 million or 3.6 per cent, primarily because of an increase in sales. 

The sale of hard liquor increased by more than 5 per cent or $1 million. Wine sales were up by $1.5 million which is a rise of more than 10 per cent but beer sales declined by a million dollars or 2.3 per cent.