The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Hi, everyone. First question, are you able to narrow down the CapEx budget yet for the total cost of the new facility versus -- I think your prior
guidance said kind of high teens to low 20 millions of dollars.
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay. Thank you for that color. I appreciate it. Should we expect there to be any kind of unavoidable revenue disruption in Q4 during this transition
to the new facility?
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Good to hear. Are you able to quantify and share the size of the one-time cost to execute the facility transition in Q4?
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay, understood. Do you anticipate or foresee any kind of issues hiring staff for the new facility or are you largely starting with your existing staff
just moving over to the new site?
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay, thanks for that. Are you able to get a little more specific with timing guidance for when the new facility will be ready to service new distribution
clients in Western Quebec? I know you kind of said the first semester, but is it fair to say at some point during Q1 next year, you can start servicing
new distribution clients?
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
OCTOBER 19, 2023 / 1:30PM, GCL.TO - Q3 2023 Colabor Group Inc Earnings Call
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay, that's helpful. Are you seeing any signs of demand weakness starting to show up among your clients for the wholesaler distribution business
at this point, just because of consumer pressures in the economy? Anything showing up?
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay. And then last one, your gross margin percentage keeps trending higher than I expect. Is a big moving part with gross margin percentage,
your private-label penetration? Like is your private-label penetration much higher now than it was this time last year?
Question: Kyle McPhee - Cormark Securities Inc. - Analyst
: Okay. Appreciate all the answers. That's it for me. Thanks, everyone.
| 
