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.
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