Rocky Mountain Liquor (TSE:RUM) has released an update.
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Rocky Mountain Liquor Inc. reported a decrease in sales and a net comprehensive loss for Q2 2024, attributed to factors like increased competition and higher operating costs. Despite current economic challenges such as inflation and interest rates affecting consumer spending, the company has completed a new point-of-sale system aimed at improving customer experience and operational efficiency.
For further insights into TSE:RUM stock, check out TipRanks’ Stock Analysis page.