The executive was just as surprised and disappointed with the latest payout as all members were. We must remember though, we are only 1.5 years into the 4 year deal and we have gained close to 6% between the SIP and our .5% fixed increase (2 fixed increases so far, next .5% increase due March 2017).
We have a few requests regarding the SIP and how the information is relayed to the members, also we have questions in regards to the drastic difference in the Net Income Variance from 2015 Q2 and 2016 Q2.
2015 Q2 Net Income Variance – $3.08 Million
2016 Q2 Net Income Variance – 180 Thousand
That is a loss of over 2.9 Million, in a year and summer that we sold over 1 million 15 packs of beer!!
We are in the process of setting a date for a meeting with the EMC of ANBL, hopefully in the first 2 weeks of December.
Check back later for updates on this