NB Liquor says ice storm contributed to lower fourth-quarter sales
January's ice storm is getting part of the blame for a drop in sales at NB Liquor last quarter.
Unaudited fourth-quarter results released Friday show total sales for the quarter were $80.9 million, down 3.2 per cent compared to the same period in 2016.
The Crown corporation says while wine sales grew by around $400,000, sales of beer, spirits, coolers and ciders were down by a combined $3.3 million.
The hardest hit product was beer, which saw sales drop by $2.6 million, or 6.3 per cent.
President and CEO Brian Harriman says the drop in sales were due to the ice storm and other weather events, as well as planned store closures for renovations.