The pandemic led to the collapse of many industries, including the global liquor industry, which was one of the hardest-hit industries in 2020. However, as bars and pubs reopen the market is bouncing back ahead of many other industries who are still struggling. That's why investors should start researching these spirit companies.
SHNJF currently sells 3,000 cases of Shinju Japanese Whiskey annually.
7,000 more cases annually would only represent 0.1% of the average annual liquor market growth in the US alone.
SHNJF's Shinju is a high-end liquor with a reasonable price in a fast-growing market, so these projections could be considered conservative.
Japanese whiskey's popularity has ascended over the past decade. Whiskey exports from
A couple of round numbers highlighting this growth to consider:
2010 US imports of Japanese whiskey were
2019 US imports of Japanese whiskey were
Some beverage analysts are forecasting
In fact,
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At the time, the company announced that it had been successful in being awarded the BLUE DIAMOND group of spirits Brazilian Trademark. It was a major milestone for the company and one that must have been seen as a major positive by investors at the time.
It was a major new move from the company and it was aimed at further boosting the sales dynamics and the distribution channel that had been put in place. Investors could do well to keep an eye on the stock.
In this context, he noted that since people were returning to the bars once again, beer demand was only going to rise. In addition to that, Neto noted that the soccer
The company booked a loss per share after preferred dividends of
Gross profit was
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