TORONTO, May 14, 2025 /CNW/ - Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B), a leading Canadian manufacturer, marketer and importer of spirits, wines and ready-to-drink cocktails ("RTDs"), today announced its financial results for the fiscal third quarter ("Q3") and the nine-month period ended March 31, 2025 ("FYTD March").

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Corby Spirit and Wine Limited Reports Its Fiscal 2025 Third Quarter Results for

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Vancouver, BC, May 14, 2025 - June’s bi-level concept has fully come to life. Officially opening on Thursday, May 15, 2025, Lala is a 40-seat vinyl listening bar located beneath the restaurant’s main floor, featuring select dishes from June’s menu, classic cocktails and a relaxed atmosphere fuelled by a rotating selection of vinyl records. Upon arrival, guests are greeted by a unique window into the “ice cave”, before slipping past velvet curtains into Lala. 

Named after co-proprietor Keenan Hood’s daughter, her nickname, Lala carries forward the spirit of generational female connection established with June, a tribute to co-proprietor Cam Watt’s mother.

“With June named after Cam’s mom, we wanted to continue honouring the theme by naming Lala after my daughter – it just felt natural,” explains Hood. “There’s a quiet beauty in building something that speaks to family, home, and the spaces we create for each other and for our guests.”

Lala brings to life the team’s long-time dream of opening a living room-vibe cocktail bar. The room, designed by Mexico City-based architect Héctor Esrawe, was created to feel like a natural extension of the upstairs, playing on the feeling of home: gather around the table with family, then head downstairs to unwind (or party) with friends.

“This idea of upstairs and downstairs really mirrors the way so many of us grew up,” adds Leticia Castro, general manager, June. “You have dinner with your family, and then the night carries on in the basement. That familiar flow, both warm and a little nostalgic, is what we wanted to capture with Lala.”

While enjoying Lala, guests can expect to sip on a focused list of classic cocktails (think martinis, classic and contemporary creations), and snack on a small, curated menu of dishes from June, including Truffle Eggs, Crispy Frog Legs, Crab Dip, Fries, Beef Tartare, and the June Burger. 

A rotating selection of DJs will spin vinyl seven nights a week, with an ever-evolving mix of styles to set the tone and energy of the room.

Lala officially opens on Thursday, May 15, 2025, from 6 p.m. to 12 a.m., and will be open seven days a week thereafter. Limited reservations via Resy are available (guests should select available options under Lala basement bar). Walk-ins are always welcome.

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CALGARY, AB , May 14, 2025 /CNW/ - Big Rock Brewery Inc. (TSX: BR) (" Big Rock " or the " Corporation ") today announces its financial results for the three months ended March 31, 2025 .  

Financial Summary

For the three months ended March 31, 2025 , compared to the three months ended March 31, 2024 , the Corporation reported:

• total sales volumes up 51.2% to 68,344 hl compared to 45,204 hl, driven by contract sales volumes that more than doubled and consistent wholesale volumes;
• net revenue increased by 30.5% to $11.2 million from $8.6 million because of increased co-packing sales volumes;
• gross margin increased to 33.1% compared to 20.2%;
• operating income increased to $0.1 million , compared to an operating loss of $(2.3) million ;
• net loss decreased by $(3.1) million to $nil; and
• Adjusted EBITDA increased by $2.2 million to $0.7 million . Adjusted EBITDA is a non-GAAP financial measure, see " Non-GAAP Measures ".

Summary of Results

Sales volumes increased by 51.2% compared the first quarter of 2024 and a 9.2% increase compared to the fourth quarter of 2024.  More importantly, our adjusted EBITDA was a positive $0.7 million , which represents a $2.2 million improvement from the first quarter loss of $1.5 million incurred in 2024. 

"In these times of uncertainty and significant economic headwinds I am thrilled to announce our first quarter 2025 results.  These improvements are the result of the implementation of our strategy that we outlined in 2024.  Growth of contract sales volumes allows the Corporation to flatten the historically seasonal production and sales curve which not only improves operational efficiencies but improves profitability as a significant portion of the Corporations costs are fixed.  The management team is also working to mitigate the impact of the recently announced changes to the Alberta Markup Share and ongoing turmoil with global tariffs ". said Mr. Kinder 

Additional Information

The unaudited condensed interim consolidated financial statements of the Corporation and the Corporation's Management Discussion & Analysis for the quarter ended March 31, 2025 dated May 13, 2025 , can be viewed on Big Rock's website at www.bigrockbeer.com and on SEDAR+ at www.sedarplus.ca  under Big Rock Brewery Inc.

Big Rock is also pleased to announce that the Annual Meeting of Big Rock shareholders is expected to be held on May 14, 2025 at 2:00 p.m. (Mountain Standard Time) . Further details of the Annual Meeting will follow in due course.

NON-GAAP MEASURES

The Corporation uses certain financial measures referred to in this press release to quantify its results that are not prescribed by Generally Accepted Accounting Principles (" GAAP "). Such financial measures do not have a standardized meaning under GAAP and therefore may not be comparable to similar measures presented by other issuers.

This press release contains the term "Adjusted EBITDA". Adjusted EBITDA is a non-GAAP financial measure that the Corporation uses to measure operating performance and borrowing capacity. The calculation of Adjusted EBITDA is a non-GAAP financial measure, whose nearest GAAP measure is net income, or net loss, as applicable, with the reconciliation between the two as follows:

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking statements. These statements relate to future events or Big Rock's future performance. All statements, other than statements of historical fact, may be forward-looking statements. Forward-looking information are not facts, but only predictions and generally can be identified by the use of statements that include words or phrases such as, "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "likely", "may", "project", "predict", "propose", "potential", "might", "plan", "seek", "should", "targeting", "will", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Big Rock believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon by readers, as actual results may vary materially from such forward-looking statements. These statements speak only as of the date of this press release and are expressly qualified, in their entirety, by this cautionary statement.

CLERMONT, Ky., May 13, 2025 /PRNewswire/ -- Knob Creek^®, an original offering of The Small Batch Bourbon Collection™ and leading American Whiskey, proudly announces the newest evolution of its Single Barrel Select Program: Knob Creek^® Single Barrel Select Cask Strength. This updated offering empowers retailers to curate exclusive barrels of uncut, unfiltered Knob Creek^® Bourbon and Rye, providing an incomparable single barrel experience.

Bottled directly from the barrel, with no water added, Knob Creek^® Single Barrel Select Cask Strength delivers signature bold flavor fans have come to love, in its purest form. Ranging in proof from approximately 110–130 for Bourbon and 100–120 for Rye, each barrel delivers a distinct and full-flavored experience, honoring the legacy of Booker Noe, the founder of Knob Creek^®, and his vision for Knob Creek^® to deliver on what bourbon was meant to be.

"When my grandfather created Knob Creek^®, he set out to make a whiskey that stood out—bold, robust, and no shortcuts," said Eighth Generation Master Distiller, Freddie Noe. "With our Single Barrel Select Program, we pay tribute to that legacy by offering fans the chance to experience Knob Creek^® in its most authentic form—uncut and unfiltered, creating the most unadulterated single barrel selection in Knob Creek's^® history."

The single barrel experience includes a visit to the James B. Beam Distilling Co. in Clermont, KY, where participants will enjoy an exclusive behind-the-scenes distillery experience, including barrel selection inside historic warehouse K, thieving whiskey from multiple barrels, comparatively tasting to find the right barrel pick and concluding with a curated dining experience at The Kitchen Table. For retailers not able to join us in KY, the brand will bring the experience to the market with remote selection sample kits. Knob Creek® Single Barrel Select Cask Strength will be available at participating retailers nationwide at a suggested retail price of $69.99 for a 750mL bottle.

To learn more about Knob Creek^® and its award-winning whiskey portfolio, visit