NSLC blames weather for lower sales
A miserable spring and a lousy start to summer apparently put Nova Scotians off their favourite libation.
First-quarter results released Friday by the Nova Scotia Liquor Corp. show a 4.6 per cent drop in net income to $57.2 million.
Earnings before depreciation and amortization were $59.9 million — a 4.2 per cent decrease from last year.
The agency said sales can be significantly influenced by the weather and the province had a very rainy spring.
The results are for the quarter covering April 1 to July 3.