LCBO reports craft beer sales on the rise

Toronto, Ontario – The LCBO reports financial revenues of $5.89 billion, marking net sales growth of 5.8 per cent, the LCBO transferred a dividend of $2.06 billion* to the Ontario government for the 2016-17 fiscal year – an increase of $125 million from fiscal year 2015-16.

The report states sales of local craft beer were $88.5 million, up more than 27.6 per cent over the previous year.

Key net sales figures by category (excluding Private Ordering) were:

  • Spirits $ 2.24 billion, up 5.1 per cent
  • Beer & Cider $ 1.29 billion, up 9.9 per cent
  • Wine including VINTAGES $ 2.04 billion, up 3.9 per cent
  • Gift Cards $ 105.1 million up 11.9 per cent

The complete LCBO highlights for the 2016-17 fiscal year results can be found here

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