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The latest announcement is out from Rocky Mountain Liquor ( (TSE:RUM) ).
Rocky Mountain Liquor reported a decline in sales for Q1 2025 compared to the previous year, attributed to a strategic reduction in store count from 25 to 22, part of a long-term plan to streamline operations and enhance profitability. Despite the sales drop, the company improved its adjusted EBITDA, reflecting better operational efficiency and cost management. The company is focused on maintaining financial flexibility and adapting to economic conditions, with strategic options under evaluation to enhance shareholder value.
More about Rocky Mountain Liquor
Rocky Mountain Liquor Inc. is a public company listed on the TSX Venture Exchange, operating through its wholly owned subsidiary, Andersons Liquor Inc., which manages 22 private liquor stores in Alberta, Canada.
Average Trading Volume: 40,223
Technical Sentiment Signal: Sell
Current Market Cap: C$4.54M
For detailed information about RUM stock, go to TipRanks’ Stock Analysis page.