LRK lark distilling co. ltd

Solid enough result particularly given the economic backdrop and...

  1. 603 Posts.
    lightbulb Created with Sketch. 269
    Solid enough result particularly given the economic backdrop and everyone dooming and glooming luxury discretionary goods, underlying up on Q4 (last q) which is pleasing.

    Commentary stating exception growth in exports... Would like more detail.

    And a few really positive points,

    1. CEO announcement this week!
    2. expansion of core range to increase on shelf presence. I noted this recently that they could do with an extra product for more bulk sales, will be interesting to see what the 3 new lines will be....

    Also pleasing, despite a 39% increase in lower price point sales (i.e. Symphone and Classic cask) that GP$ has improved on LY and PCP.

    All in all, not bad not good, better than t $1.85 SP IMHO... DYOR.

    Also good to see Bill Lark recognition - this would be a great win for the company to have the brand ambassador recognised in this way...

    Plenty of awards for Lark in the quarter... Must be rubbish whisky to get another 12 gold medals...

    and finally, interesting to note that more than a third of the quarter (39 days) of trade was lost to staffing shortages at celler doors, wonder what this has cost in sales... So some upside to come. I suspect that these positions are filled as there were no vacancies on Seek last week for Lark..
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
85.5¢
Change
-0.010(1.16%)
Mkt cap ! $90.60M
Open High Low Value Volume
86.0¢ 86.0¢ 79.0¢ $28.94K 35.93K

Buyers (Bids)

No. Vol. Price($)
1 3847 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
85.5¢ 2879 1
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
LRK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.