For the third quarter of its 2025-2026 fiscal year, which ended on January 3, 2026, the Société des alcools du Québec (SAQ) has reported net income of $525.2 million, an $11.1 million or 2.2% increase from the corresponding quarter of the preceding fiscal year.
Results in brief:
- Overall dollar sales rose 1.6% to $1.433 billion. At 70.7 million litres, volume sales were down 1.4%.
- Sales in the SAQ’s store and specialized centre network were up $1.7 million or 0.1% compared with the corresponding quarter of the preceding fiscal year, while the related volume sales dropped 2.1 million litres or 3.6%.
- Dollar sales in the wholesale grocer network increased $21.4 million or 16.8% compared with the corresponding quarter of the preceding fiscal year, with the related volume sales rising 1.1 million litres or 8.3%.
- Government revenues totalled $943.1 million, a $25.8 million increase compared with the corresponding quarter of the preceding fiscal year. The goods and services tax (GST) break during the third quarter of the preceding fiscal year accounted for $12 million of this increase. The amounts payable to the Quebec treasury totalled $774.2 million, with another $168.9 million destined for the federal government.
- The SAQ continues to implement initiatives aimed at supporting its performance while maintaining rigorous cost management adapted to sales, in a constantly changing environment marked by declining sales.
Created in 1921, the SAQ imports, distributes and sells a broad range of wines, beers and spirits. Its sales network comprises 408 stores and 429 agency stores located throughout Quebec as well as a transactional website, SAQ.COM. It has 7,000 employees and offers Quebecers close to 40,000 products from more than 6,000 suppliers in 77 countries. In fiscal 2024-2025, the SAQ remitted $2.1 billion to the Quebec treasury.
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