The Canadian PressNovember 6, 2013 22:34
EDMONTON - Liquor Stores N.A. Ltd. (TSX:LIQ) says a drop in same-store sales and higher expenses contributed to a decline in third-quarter net income.
Edmonton-based Liquor Stores, North America's largest publicly traded liquor retailer, said Wednesday that net income fell to $5.8 million, or 25 cents per diluted share, in the three months ended Sept. 30.
That was down from $6.5 million, or 28 cents per share, in the same year-earlier period.