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Published on August 17th, 2017 | by OBN Staff

Ontario craft beer sales hit $88.5 million at LCBO


Toronto – The LCBO today released its 2016-17 fiscal year results highlighting revenue of $5.89 billion with net sales growth at 5.8%.

Local highlights:

  • Ontario craft beer up 27.6% to $88.5 million
  • Ontario craft cider up 39% to $7.1 million
  • Ontario craft spirits up 62% to $6.3 million

Additionally, the LCBO earned $4.4 million through its ecommerce platform, while grocery store revenue reached $65 million.

A dividend of $2.06 billion was transferred to the Ontario government.

The LCBO’s full Year In Review is available here.

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