EAST - Eastside Distilling, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
2.8000
-0.1300 (-4.44%)
At close: 4:00PM EST
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Previous Close2.9300
Open2.9300
Bid2.7700 x 1300
Ask2.8100 x 1800
Day's Range2.7884 - 2.9600
52 Week Range2.7400 - 6.6500
Volume40,188
Avg. Volume29,929
Market Cap27M
Beta (5Y Monthly)0.39
PE Ratio (TTM)N/A
EPS (TTM)-1.4280
Earnings DateNov 14, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est10.50
  • PR Newswire

    Eastside Distilling Partners with Florida Grocery Leader Publix to Offer Fast-Growing Redneck Riviera Whiskey

    Eastside Distilling, Inc. (NASDAQ: EAST) announced today Florida grocery giant Publix will sell Redneck Riviera Whiskey in 273 stores throughout the Sunshine State. Select stores will begin carrying Redneck Riviera American blended whiskey immediately, with all 273 locations expected to have the product on the shelves by the end of January.

  • PR Newswire

    Eastside to Participate in the 8th Annual ROTH Deer Valley Corporate Access Event

    Eastside Distilling, Inc. (NASDAQ: EAST), today announced that management is scheduled to attend the 8th Annual ROTH Deer Valley Corporate Access Event on December 12th and 13th at the Montage Deer Valley Hotel in Park City, Utah.

  • PR Newswire

    Eastside Secures Working Capital Facilities

    Eastside Distilling, Inc. (NASDAQ: EAST), today announced it has secured two working capital facilities with a maximum borrowing capacity totaling $4 million providing the Company additional liquidity and flexibility as it continues to execute on its business plans.

  • Zacks Small Cap Research

    EAST: Third quarter net revenue spot on our estimate but operating expenses were much higher than expected. Azunia made a significant contribution to the quarter.

    By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT The third quarter results were announced today. Net sales were $4.43 million as compared to our $4.45 million estimate. Since Eastside Distilling (NASDAQ:EAST) is no longer considered a craft distillery based on alcohol volume the company paid excise taxes in 3Q19. Gross margins were slightly higher than expected. Redneck

  • PR Newswire

    Eastside Reports Third Quarter 2019 Financial Results

    PORTLAND, Ore. , Nov. 14, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) reported third quarter 2019 financial results for the period ended September 30, 2019 . Financial Results Gross sales ...

  • PR Newswire

    Eastside Distilling Appoints Lawrence Firestone as Chief Executive Officer

    PORTLAND, Ore., Nov. 13, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (EAST) today announced the appointment of Lawrence Firestone as the Company's new Chief Executive Officer. Paul Shoen, Chairman of Eastside Distilling, commented, "The Board is pleased to appoint Larry Firestone as its new Chief Executive Officer. "I am excited to lead Eastside Distilling as we execute on our current strategic plans to advance our national platform, including the continued expansion of our Redneck Riviera Whiskey and Burnside lineups, and integration of our newly acquired Azuñia Tequila brand," commented Mr. Firestone.

  • PR Newswire

    Eastside to Report Third Quarter 2019 Financial Results on Thursday, November 14, 2019

    Financial results to be released after market close; Conference call to be conducted at 5:00pm ET PORTLAND, Ore. , Nov. 11, 2019 /PRNewswire/ --  Eastside Distilling, Inc. (NASDAQ: EAST) (" Eastside ...

  • PR Newswire

    Stephanie Kilkenny Joins Eastside Distilling's Board of Directors

    PORTLAND, Ore., Oct. 30, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (EAST) today announced the appointment of Stephanie Kilkenny to the Company's board of directors, effective October 24, 2019. Mrs. Kilkenny was the former managing director of Azuñia Tequila and principal owner of TQLA, LLC, the majority owner of Azuñia's parent company, Intersect Beverage, which was acquired by Eastside Distilling on September 12, 2019. While managing director of Azuñia Tequila, she oversaw rebranding projects as well as day to day operations.

  • Zacks Small Cap Research

    EAST: Oregon operations achieve positive net income. Rapid growth in RRW pushes case sales to record levels and growth is expected to continue through the fourth quarter 2019. The company is looking for new CEO.

    By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT Steve Shum, the company's interim CEO and current CFO has resigned from Eastside Distilling (NASDAQ:EAST) to become the CEO of another company. The board of directors is looking for someone to become CEO as soon as possible and then they will look for a CFO. Mr. Shum will act as CFO until

  • PR Newswire

    Eastside Distilling Announces Management Transition

    PORTLAND, Ore., Oct. 10, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (EAST) today announced the resignation of Steve Shum as the Company's interim Chief Executive Officer, effective immediately, to accept a Chief Executive Officer position with another company. Additionally, Mr. Shum submitted his resignation as Chief Financial Officer, effective upon the filing of Eastside's quarterly report on Form 10-Q for the period ended September 30, 2019, expected to be made on or before November 14, 2019. Mr. Shum has agreed to consult with the management team and Board of Directors as needed in the future.

  • PR Newswire

    Lawrence Firestone Joins Eastside Distilling's Board of Directors

    PORTLAND, Ore., Sept. 24, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (EAST) today announced the appointment of Lawrence (Larry) Firestone to the Company's board of directors, effective September 19, 2019.  Mr. Firestone was also appointed to be a member of and the Chair of the Audit Committee, as well as a member of the Nominating and Corporate Governance Committee and Compensation Committee. Paul Shoen, Chairman of Eastside Distilling, commented, "I am pleased to welcome Larry to the Eastside board of directors.

  • Zacks Small Cap Research

    EAST: Opening up the National market with a premium tequila.

    By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT Eastside Distilling (NASDAQ:EAST) has acquired Azunia Tequila from its owners, Intersect Beverage. The cost was one point two million shares depending on certain future revenue projections and capped at a value of $14.7 million. The shares will be issued eighteen months after the closing

  • PR Newswire

    Eastside to Discuss Acquisition of Azuñia Tequila During Conference Call on Tuesday, September 17, 2019 at 10:00am ET

    Conference call will include accompanying slide presentation PORTLAND, Ore. , Sept. 17, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) will discuss its recent announcement to acquire Azuñia ...

  • PR Newswire

    Eastside Distilling Acquires Azuñia Tequila

    PORTLAND, Ore., Sept. 16, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (EAST) today announced the acquisition of Azuñia Tequila from Intersect Beverage. Primarily sold into on-premise locations throughout the western and southeastern United States, Azuñia reported trailing twelve-month sales of $3.5 million (through June 30, 2019), an increase of 37% compared to the same year ago period, on approximately 13,000 cases sold.

  • PR Newswire

    /C O R R E C T I O N -- Eastside Distilling, Inc./

    In the news release, Shawn Willard and Geoffrey Gwin Join Eastside Distilling's Board of Directors, issued 03-Sep-2019 by Eastside Distilling, Inc. over PR Newswire, we are advised by the company that ...

  • Here's Why Eastside Distilling (NASDAQ:EAST) Can Afford Some Debt
    Simply Wall St.

    Here's Why Eastside Distilling (NASDAQ:EAST) Can Afford Some Debt

    The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

  • PR Newswire

    Eastside Reports Record Second Quarter 2019 Financial Results

    PORTLAND, Ore. , Aug. 14, 2019 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) reported second quarter 2019 financial results for the period ended June 30, 2019 . Financial Results Gross sales ...

  • PR Newswire

    Eastside to Report Second Quarter 2019 Financial Results on Wednesday, August 14, 2019

    Financial results to be released after market close; Conference call to be conducted at 5:00pm ET PORTLAND, Ore. , Aug. 13, 2019 /PRNewswire/ --  Eastside Distilling, Inc. (NASDAQ: EAST) (" Eastside ...

  • PR Newswire

    Eastside Distilling Provides Update on Annual Meeting Results

    The board, currently consisting of three members, does not foresee there being meaningful changes in the Company's business strategy and believes that the strategy continues to be a successful one. Jack Peterson, who has served as a director since 2016, commented, "Eastside continues to build significant brand value. An 8-K reporting in detail the results of the meeting was filed with the Securities and Exchange Commission on August 9, 2019 and is available on the Company's website.

  • Zacks Small Cap Research

    EAST: Proposed change in management at Eastside Distilling

    By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT In the recent 14A (proxy) statement filed with the SEC Mr. Grover T. Wickersham, currently Executive Chairman at Eastside Distilling ...

  • Could The Eastside Distilling, Inc. (NASDAQ:EAST) Ownership Structure Tell Us Something Useful?
    Simply Wall St.

    Could The Eastside Distilling, Inc. (NASDAQ:EAST) Ownership Structure Tell Us Something Useful?

    The big shareholder groups in Eastside Distilling, Inc. (NASDAQ:EAST) have power over the company. Large companies...

  • Business Wire

    Eastside Distilling Announces Board Membership Change

    Eastside Distilling, Inc. (NASDAQ: EAST) today announced the appointment of Owen Lingley to its board of directors. Lingley replaces Patrick Crowley. The board vacancy will be filled by Mr. Lingley, Chairman of Craft Canning + Bottling, a leading provider of mobile canning and bottling services in Oregon, Washington and Colorado that Eastside acquired in January 2019.