The SAQ announces net income of $514.1 million for the third quarter of fiscal 2024-2025

MONTREAL, March 20, 2025 /CNW/ - For the third quarter of its 2024-2025 fiscal year, which ended on January 4, 2025, the Société des alcools du Québec (SAQ) reported net income of $514.1 million, an $8.6 million or 1.6% decrease from the corresponding quarter of the preceding fiscal year.

Results in brief

Sales in the network of SAQ stores and specialized centers have decreased by $6.9 million, or 0.5%, compared to the corresponding quarter of the previous fiscal year, reflecting a decline in sales volume of 1.9 million liters, or 3.1%. Volumes in this network maintained their downward trend, as has been the case for the last two years, a development largely attributable to changes in customers' shopping habits.

Overall dollar sales dropped 0.3% to $1.410 billion.

Government revenues totalled $917.3 million, down $30.1 million from the ...