Big Rock Brewery (TSE:BR) has released an update.
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Big Rock Brewery Inc. reported decreased financial performance in the first quarter of 2024, with wholesale sales volumes dropping by 4.2% and net revenue falling to $8.6 million, contributing to a net loss of $3.1 million. The company also underwent board changes with the appointment of two new directors and one resignation. Despite these challenges, management remains focused on balancing production and sales to reduce costs and improve co-packing volumes by the year’s end.
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