|Bid||4.7900 x 1200|
|Ask||4.8700 x 800|
|Day's Range||4.7900 - 4.8800|
|52 Week Range||3.3200 - 8.7400|
|Beta (3Y Monthly)||0.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2019 - Nov 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.50|
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
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.
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.
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
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 ...
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.
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 ...
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 ...
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 ...
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.
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 ...
The big shareholder groups in Eastside Distilling, Inc. (NASDAQ:EAST) have power over the company. Large companies...
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.