NB Liquor sales were up in the second quarter ending October 1st.
Product sales totalled $150.7 million, up 1.8 per cent over the same period in 2022.
- Wine sales increased 2.6 per cent, up $0.8 million
- Spirit sales increased 0.9 per cent, up $0.3 million
- Beer sales increased 1.2 per cent, up $0.8 million
- Sales of coolers and cider increased 3.8 per cent, up $0.9 million
Net income for the quarter was $58.5 million, which was two per cent higher than the second quarter last year.
The Crown corporation saw 21 million transactions, with almost $42 spent on average.
Cannabis NB also saw gains in the same quarter.
Total product sales are up 16.7 per cent from the same period in 2022.
- sales of dried flowers increased 10.5 per cent, up $1.2 million
- extracts sales decreased 16.1 per cent, down $0.1 million
- sales of accessories increased 22.7 per cent, up $0.2 million
- sales of edibles increased 26.7 per cent, up $0.4 million
- sales of infused beverages increased 59.4 per cent, up $0.2 million
- sales of topicals decreased 12.5 per cent, down $31.1 thousand
- concentrates sales increased 27.0 per cent, up $1.7 million
There were 418,000 transactions, with around $60 spent on average.
Net income for the quarter was $6.7 million, which is up 37.7 per cent above the prior year’s second-quarter net income of $4.8 million.
