Big Rock Brewery (TSE:BR) has released an update.
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Big Rock Brewery Inc. faces a challenging second quarter in 2024 with a reported decrease in net revenue and wholesale sales volumes, alongside an increased operating loss, despite a slight rise in net income. The company attributes the downturn to factors such as reduced co-packing activity and softer market demand. Despite these setbacks, CEO David Kinder expresses confidence in the company’s future due to operational improvements and new business strategies.
For further insights into TSE:BR stock, check out TipRanks’ Stock Analysis page.