Eastside Distilling, Inc. (EAST) Misses Q2 EPS by 20c, Revenues Beat

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Go back to Eastside Distilling, Inc. (EAST) Misses Q2 EPS by 20c, Revenues Beat

Eastside Reports Second Quarter 2018 Financial Results

August 13, 2018 8:00 AM EDT

Gross Sales increase 90% driven by strong Redneck Riviera shipments

PORTLAND, Ore.--(BUSINESS WIRE)-- Eastside Distilling, Inc. (NASDAQ: EAST), a producer of craft spirits, reported second quarter 2018 financial results.

Financial Highlights for Q2 2018 ended June 30, 2018:

Gross sales for Q2 2018 were $1,675,067, an increase of 90% compared to $883,522 in the Q2 2017, led by the continued launch of Redneck Riviera Whiskey, sales from our private label and wine canning operations, as well as resumption of growth within the Pacific Northwest of our rebranded Burnside lineup. Total... More