YORKTON - Legacy Co-op has recorded its best year financially in 81 years of operation.
Legacy Co-op, the co-operative formed through the amalgamation of Yorkton and Churchbridge Co-ops in 2019, has enjoyed record sales and earnings in 2021.
“Given the difficult times of the past 2 years, these results are a direct reflection of the commitment by our employees and the loyalty of our members” stated Bruce Thurston, General Manager of Legacy Co-op.
“When crisis hits, people tend to stay close to home and shop local, and because we are considered essential services in all of the commodities we sell, we succeed” continued Thurston.
Legacy Co-op sales topped $110 million dollars with a net earning of $6,053,000. This provided for an allocation of more than $3.8 million dollars in equity and cash back to the members.
The Co-operative also celebrated with long term Board member Gene Krepakevich, who is stepping down from the Board after 42 years. Krepakevich has seen sales climb from $12.7 million dollars in 1980 to the record high of $110 million in 2021.
The Board of Directors is also welcoming two new Board members this year. Judy Charney and Dustin Brears, both local business owners, will be filling vacancies on the Board of Directors along with incumbent Wade Karcha.