Replies to post #122189 on 1812 Brewing Company Inc (KEGS)

[tscott11]

Hackett's had five stores. WiseBuys has five stores. Past press releases indicate that one town has both a Hacketts and a WiseBuys, so they are closing one redundant location. After Hacketts takes over the WiseBuys stores, there will net nine (ten net one closing) stores.

The way I read today's release, those revenues were just from Hacketts original five stores. The math ($14.9mm divided by the square footage of 138,000 equaled $108.18 .... ) backs that assumption up.

[tscott11]

Hackett's had five stores. WiseBuys has five stores. Past press releases indicate that one town has both a Hacketts and a WiseBuys, so they are closing one redundant location. After Hacketts takes over the WiseBuys stores, there will net nine (ten net one closing) stores.

The way I read today's release, those revenues were just from Hacketts original five stores. The math ($14.9mm divided by the square footage of 138,000 equaled $108.18 .... ) backs that assumption up.