Eastside Distilling, Inc. (EAST) Misses Q1 EPS by 14c, Revenues Beat; Grover Wickersham to Step Down from Chairman/CEO Position, Appoints CFOSteve Shum as Interim CEO

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Go back to Eastside Distilling, Inc. (EAST) Misses Q1 EPS by 14c, Revenues Beat; Grover Wickersham to Step Down from Chairman/CEO Position, Appoints CFOSteve Shum as Interim CEO

Eastside Reports Record First Quarter 2019 Financial Results and Announces Management Transition

May 13, 2019 8:30 AM EDT

Q1 2019 Gross Sales increase 161% as Redneck Riviera Whiskey case volume, Craft Canning + Bottling volume and Pacific NW sales drive growth

Grover Wickersham announces transition to Executive Chairman, stepping down from his dual role as Chairman and Chief Executive Officer

PORTLAND, Ore.--(BUSINESS WIRE)-- Eastside Distilling, Inc. (NASDAQ: EAST) reported first quarter 2019 financial results for the period ended March 31, 2019.

Financial Highlights:

Gross sales for Q1 2019 were $3,685,700, an increase of 161% compared to $1,413,182 in Q1 2018, led by the... More