CANADA: Q2 sales up 41% at Stonepoint
The company attributed the increase to like-for-like sales growth in its private label division and to the launch of sales to Japan.
The company said it had registered a net loss for the quarter of US$162,263, down from the loss of $301,332 which it recorded in the corresponding quarter in 2002.
"StonePoint continues to reduce costs while maintaining customer loyalty," said CEO, James Borkowski. "We are evaluating all possible options for how to improve the company's financial position for the future."
- Whatever happened to binge Britain? - comment
- The dangers of squaring up to your competitor
- Constellation and Ballast Point's "sticker shock"
- The US beer market - A level playing field for all
- Remy Cointreau's Q2 and H1 - preview
- Diageo Australia appoints commercial head
- Sidney Frank CEO to head Clooney's import co
- A-B InBev to "kick the tyres" at Coca-Cola
- Diageo sells off United Spirits' Bouvet Ladubay
- Irish whiskey brands could fail without bulk
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research
- Future growth opportunities for global spirits
- Global Wine Market to 2019 - Market Size, Development, and Forecasts
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global Wine Market: News and Events September 2015