Corby Spirit and Wine Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 08, 2023 at 02:41 pm EDT
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Corby Spirit and Wine Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was CAD 32.24 million compared to CAD 34.55 million a year ago. Net income was CAD 3.93 million compared to CAD 4.36 million a year ago. Basic earnings per share from continuing operations was CAD 0.14 compared to CAD 0.15 a year ago. Diluted earnings per share from continuing operations was CAD 0.14 compared to CAD 0.15 a year ago.
For the nine months, sales was CAD 118.73 million compared to CAD 118.23 million a year ago. Net income was CAD 20.33 million compared to CAD 20.27 million a year ago. Basic earnings per share from continuing operations was CAD 0.71 compared to CAD 0.71 a year ago. Diluted earnings per share from continuing operations was CAD 0.71 compared to CAD 0.71 a year ago.
Corby Spirit and Wine Limited is a Canadian company, which is a manufacturer, marketer, and distributor of spirits, wines and ready-to-drink beverages. The Company operates through two segments: Case Goods and Commissions. The Case Goods segment includes the production and distribution of its owned beverage alcohol brands. The Commissions segment includes non-owned beverage alcohol brands in Canada. Its portfolio of owned brands includes J.P. Wiser's, Lot 40, and Pike Creek Canadian whiskies, Lamb's rum, Polar Ice vodka and McGuinness liqueurs, as well as the Ungava gin, Cabot Trail maple-based liqueurs and Chic Choc spiced rum, and Foreign Affair wines. It represents international brands, such as ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlua liqueur, Mumm champagne, and Jacob's Creek, Wyndham Estate, Stoneleigh, Campo Viejo, Kenwood wines, and Nude.
CORBY SPIRIT AND WINE LIMITED