NSLC Reports Growth in Craft Beer Sales for First Quarter of 2017-18
On August 23, 2017 At 9:00 am
Responses : Comments are off for this post
HALIFAX, NS – The Nova Scotia Liquor Corporation (NSLC) has announced financial results for the first quarter (April to June) of its 2017-18 fiscal year, and local craft beer had an impressive growth in sales for the period.
Sales of Nova Scotia craft beer hit $3.2 million for the quarter, an increase of 48% over the same quarter in 2016-17. Sales for the full beer segment, which includes all domestic and imported products, dropped 1.2% to $74.6 million.
Also worthy of note is that products from Nova Scotia’s small distillers had an especially dramatic increase of 103.2% to $1.2 million, versus a 0.2% drop to $39.6 million for the full spirits segment. And in the Ready-To-Drink category which includes ciders, local products had an increase of 75.7% to $1 million, while the overall segment was up 2.9% to $9.8 million.
For more details, see the full report on the NSLC website.