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    CSW.A   CA2183491083

CORBY SPIRIT AND WINE LIMITED

(CSW.A)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-11-29 pm EST
16.68 CAD   -0.06%
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Corby Spirit and Wine Limited : Media Statement

06/25/2021 | 06:13pm EST

TORONTO, June 25, 2021 /CNW/ - Corby Spirit and Wine Limited ("Corby") (TSX: CSW.A) and (TSX: CSW.B), is aware of a claim filed against it in the Ontario Superior Court of Justice regarding a proposed class action relating to black discoloration near the Hiram Walker & Sons Limited aging warehouses located near East Pike Creek Road, Windsor, Ontario.

Corby's management of such warehouses ended on June 30, 2020. Hiram Walker & Sons is the owner of the warehouses and co-packer of some of Corby's brands.

Corby believes that the claim is without merit and intends to vigorously defend itself.

About Corby Spirit and Wine Limited
Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer and distributor of spirits and wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser's®, Lot 40®, and Pike Creek® Canadian whiskies, Lamb's® rum, Polar Ice® vodka, McGuinness® liqueurs, Ungava® gin, Cabot Trail® maple-based liqueurs and Chic Choc® Spiced rum, and Foreign Affair® wines. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands such as ABSOLUT® vodka, Chivas Regal®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, and Kenwood® wines. Corby is a publicly traded company based in Toronto, Ontario, and listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B.

SOURCE Corby Spirit and Wine Communications

© Canada Newswire, source Canada Newswire English

Stocks mentioned in the article
ChangeLast1st jan.
CORBY SPIRIT AND WINE LIMITED -0.06% 16.68 Delayed Quote.-0.48%
PERNOD RICARD 0.30% 186.95 Real-time Quote.-11.61%
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Financials
Sales 2022 159 M 117 M 117 M
Net income 2022 23,4 M 17,2 M 17,2 M
Net cash 2022 48,8 M 35,8 M 35,8 M
P/E ratio 2022 21,0x
Yield 2022 5,57%
Capitalization 468 M 343 M 343 M
EV / Sales 2021 2,64x
EV / Sales 2022 2,75x
Nbr of Employees 177
Free-Float 55,6%
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Managers and Directors
Nicolas Stanislas Krantz President, Chief Executive Officer & Director
Juan Alonso Chief Financial Officer, Director & VP
George F. McCarthy Chairman
Patricia L. Nielsen Independent Director
Helga Reidel Independent Director
Sector and Competitors
1st jan.Capi. (M$)
CORBY SPIRIT AND WINE LIMITED-0.48%348
DIAGEO PLC-6.19%103 424
PERNOD RICARD-11.87%50 313
BROWN-FORMAN CORPORATION-1.28%34 445
THAI BEVERAGE-5.30%11 403
RÉMY COINTREAU-24.81%8 446