Stephen Takacsy, B. Eng, MBA Andrew Peller ADW.A-T BUY Jun 06, 2022

It was hit hard during the pandemic when restaurants were closed, but are recovering strongly. Recently, have faced higher freight and material costs. Despite those, margins are healthy. Consumers are returning to bars, restaurants and airports. He expects better results in coming quarters. 

Very challenging through pandemic. Hit by higher input costs. Took on debt to make acquisitions prior to pandemic. Valuation is massively compressed. Assuming this is the bottom, better days ahead. 

The price has dropped substantially because of slowed growth and problems like supply chain issues. However there should be more retail distribution opportunities for the wine industry. Also there may be financial programs that will help as well. Margins should improve and he feels there are better days ahead.
Editor's Note: The caller was also asking about Market Call having someone on to cover micro-caps.

Stores may or may not be impacted by Ontario government rolling out more retail locations. The Pellers stepped down from the board, possibly planning a bid to privatize the company but he's not really sure.