|Bid||4.3300 x 900|
|Ask||4.4600 x 1100|
|Day's Range||4.2813 - 4.6800|
|52 Week Range||3.9500 - 9.0000|
|Beta (3Y Monthly)||0.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 12, 2019 - Aug 16, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||11.50|
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.
Eastside Distilling, Inc. (EAST) today announced it has received its first purchase order for its all-new Outlandish CBD-based beverage. The initial order of the Outlandish 24-pack format, targeted for “on premise” sale and consumption, was placed by Point Blank Distributing for the Outlandish CBD Seltzer and will be sold only in Oregon. The 24-pack is specifically designed for bars, restaurants and other accounts that already sell large volumes of seltzer and other mixer products to their patrons and is intended to expose Outlandish to as many consumers as soon as possible.
By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT On June 7, 2019 Eastside Distilling (NASDAQ:EAST) announced that it has signed an agreement with Point Blank Distributing in Oregon ...
Eastside Distilling, Inc. (EAST) today announced that Point Blank, a leading distributor of alcoholic and non-alcoholic beverages, has agreed to distribute the Outlandish brand lineup of CBD-based beverages in Oregon. Eastside and Point Blank anticipate having product available to customers in the immediate future. Formed in 2003 by Aaron Gardner and Scott Willis, Point Blank is one of the state’s leading independent beer, wine and spirits distributors servicing the North and Central Oregon markets, while also offering non-alcoholic beverages.
Eastside Distilling (EAST), a producer of craft spirits including Redneck Riviera Whiskey, congratulates John Rich on the success of his hit single, Shut Up About Politics. The Five’s team, including co-hosts Dana Perino and Jesse Watters, along with guest co-host and former Democratic National Committee Chairwoman Donna Brazile, visited Nashville, Tennessee, to help record the song.
Eastside Distilling, Inc. (EAST) announced today that it will be presenting at the LD Micro Invitational at the Luxe Hotel in Bel Air, California. A copy of the slide presentation Eastside will be referencing during the conference will be available in the Investor Relations section of the company’s website at www.eastsidedistilling.com. Eastside Distilling, Inc. (EAST) has been producing high-quality, award-winning craft spirits in Portland, Oregon, since 2008.
Eastside (EAST) has been authorized by Walmart to offer the Redneck Riviera Whiskey 1.75L bottles (half gallon) for sale in all Walmart stores in the U.S.A.. This is in addition to the distribution of the smaller sizes into 1,206 stores previously announced. As of May, 2019 Walmart has been reported as having 386 Discount stores, 813 Neighborhood stares and 3,570 Supercentres for a total of 4,769, or 4,563 additional stores [https://www.statista.com]. Distributors and Alcohol State Liquor Commissions (in the 17 regulated States) can now sell to all Walmart stores in the U.S.A.
Eastside Distilling, Inc. (EAST), makers of craft spirits, today announced the expansion of the Company’s American Single Malt Whiskey program with the commissioning of a custom 500-gallon capacity still. The newly commissioned still was manufactured with high quality, German produced, distilling copper and is designed specifically for higher volume production of the Company’s multiple gold medal award-winning American Single Malt Whiskey. The still and its associated malt fermenters are now operating in the Company’s Portland facility.
The new authorization from Walmart comes on the heels of, and is in addition to, Eastside’s earlier distribution into more than 350 locations and most recently an additional 856 stores with Redneck Riviera Whiskey 750 ml in the U.S. Robert Manfredonia, President of Eastside Distilling, said, “We are very excited to be expanding in Walmart stores across the entire United States. Redneck Riviera Whiskey is a joint collaboration between Eastside and John Rich, the multi-platinum country-music artist and one-half of the award-winning duo Big & Rich.
Eastside Distilling, Inc. (EAST) today announced the pre-sampling by its subsidiary Outlandish Beverages, LLC, of a new product line for the cannabidiol (CBD) beverage market. The Company’s go-to-market plan is designed to take advantage of Oregon’s pioneering legalization of CBD, and offer aggressively in Oregon as a test market, pending a national launch.
Eastside Distilling (EAST) announced it 1Q19 results on May 13, 2019 followed by a conference call. Cost of sales were impacted by the addition of the canning operations of CC+B and the increasing proportion of sales from RRW and Potato Vodka. Raw material costs continue to increase due to increasing costs at their largest raw material supplier.
Q1 2019 Gross Sales increase 161% as Redneck Riviera Whiskey case volume, Craft Canning + Bottling volume and Pacific NW sales drive growth
Eastside Distilling, Inc. (EAST) today announced the Burnside lineup of bourbons and whiskeys will be launched into the state of California effective immediately. The multiple award-winning lineup includes the Burnside Oregon Oaked Bourbon, Burnside West End Blend, Burnside Oregon Oaked Rye, and Burnside Goose Hollow RSV Bourbon. Robert Manfredonia, President of Eastside Distilling, said, “We spent 2018 developing our national sales and distribution platform, which has culminated with 46 states across the nation using 9 different tier one wholesalers and numerous national corporate retail chain accounts now carrying our Redneck Riviera Whiskey.
Eastside Distilling, Inc. (EAST) today announced new mandated authorizations to stock Redneck Riviera Whiskey in 856 Walmart stores in California, Florida, Illinois, Indiana, Louisiana, Michigan, Minnesota, Missouri, Washington, Wisconsin, North Dakota, Nebraska, Nevada, Arizona, Kentucky, Massachusetts, and New Mexico. The initial stocking order will be two cases of the 750ml Redneck Riviera Whiskey per store in each of the 856 stores, effective with their new product set on June 2nd. The new authorization mandate from Walmart comes on the heels of, and is in addition too, our earlier distribution into more than 350 locations in the U.S.
Eastside Distilling, Inc. , maker of craft spirits, plans to announce its first quarter 2019 financial results on Monday, May 13, 2019 in a release issued before the markets open.
By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT Following its five prestigious wins in the Berlin International Spirits Competition, with a double gold for its Big Bottom Distilling ...
Delta Small Batch Rye Whiskey Receives Exclusive Double Gold Medal
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Eastside Distilling, Inc. (EAST), makers of craft spirits, announced today that its subsidiary Big Bottom Distilling was awarded five prestigious medals at the recent Berlin International Spirits Competition, including being named USA Whiskey Distillery of the Year.
Eastside Distilling, Inc. (EAST) today announced new authorizations to offer Redneck Riviera Whiskey in 74 Kroger stores throughout Kentucky and Louisiana. Robert Manfredonia, President of Eastside Distilling, said, “We are excited to be working with all Kroger stores in Kentucky and Louisiana.
By Ian Gilson, PhD, CFA NASDAQ:EAST READ THE FULL EAST RESEARCH REPORT In March and April 2019, Eastside Distilling (NASDAQ:EAST) has announced several agreements with major grocery chains in the United ...
Eastside Distilling, Inc. (EAST) today announced new authorizations to offer Redneck Riviera Whiskey in all 115 stores in the Kroger – Fred Meyer – QFC system in the state of Washington. Robert Manfredonia, President of Eastside Distilling, said, “We are pleased with these new authorizations for the Kroger – Fred Meyer – QFC grocery store locations in Washington state.
Eastside Distilling, Inc. (EAST) today announced new authorizations to offer Redneck Riviera Whiskey in approximately 71 WinCo Foods stores with alcohol licenses in California, Washington, Nevada and Arizona. Robert Manfredonia, President of Eastside Distilling, said, “We are extremely excited to be working with WinCo. In 2019, part of Redneck Riviera Whiskey's strategic focus will be developing the western United States.
Eastside Distilling (EAST) announced its year end 2018 results on March 28, 2019. Net sales for the 4Q18 increased 144% with branded product shipment up 135% driven by Redneck Riviera Whisky, RRW, which was 47% of total branded shipments. The growth in Redneck Riviera Whiskey is unprecedented in the craft spirits business and with the replenishment cycle just beginning we expect growth to continue through 2019.