Eastside Distilling

Eastside Distilling, Inc. engages in the manufacture and marketing of hand-crafted spirits. Its products include bourbon, American whiskey, vodka, and rum. The company was founded by Lenny Gotter on February 11, 2008 and is headquartered in Portland, OR.

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Eastside Distilling reports solid Q2 performance amidst margin challenges

Eastside Distilling's Q2 2024 earnings call showcased strong sales growth, improved gross margins, and progress towards positive cash flow. While facing challenges in certain segments, the company is actively working on cost reduction and operational efficiency to drive profitability and sustainability.

Eastside Distilling reports positive Q3 results amidst brand challenges

Eastside Distilling's Q3 2024 performance showcased strong vodka sales, positive EBITDA in the spirits division, and challenges with the Azuña tequila brand. The company raised $440,000 through a direct equity placement, positioning itself for future growth opportunities.

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PORTLAND, Ore., Sept. 27, 2021 /PRNewswire/ -- The consumer and trade enthusiasm around flavored whiskies has brought volume numbers to new heights.

Eastside Distilling Releases Oregon Marionberry Whiskey

PORTLAND, Ore., Aug. 13, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced it will proceed with the annual stockholder meeting on Thursday, August 19, 2021, at 2:00 p.m.

Eastside Distilling, Inc. to hold its Annual Meeting of Shareholders on Thursday, August 19, 2021

Eastside Distilling's (EAST) CEO Paul Block on Q2 2021 Results - Earnings Call Transcript

PORTLAND, Ore., Aug. 12, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink ("RTD") craft cocktails, reported second quarter 2021 financial results for the period ended June 30, 2021.

Eastside Distilling Reports Second Quarter 2021 Financial Results

PORTLAND, Ore., Aug. 3, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced its 3-year strategic operating plan designed to accelerate growth and optimize value.

Eastside Distilling, Inc. Releases Its 3-Year Strategic Plan

PORTLAND, Ore., Aug. 2, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has entered into agreements with Bigger Capital Fund, LP and District 2 Capital Fund LP to exercise their existing warrants for cash in exchange for the Company's agreement to issue in a private placement new warrants to purchase up to 900,000 shares of its common stock.

Eastside Distilling, Inc. Announces Exercise of Existing Warrants and Issuance of Warrants in Private Placement

Eastside Distilling is undergoing a transformation phase for its canning & spirits business under the new management team led by CEO Paul Block. Craft Canning + Bottling is a fast-growing business with strong tailwinds that is primed to perform M&A acquisitions in the coming few months.

Eastside Distilling: A Hidden And Misunderstood Gem

PORTLAND, Ore., July 14, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company") will report its second quarter 2021 financial results after the market close on Thursday, August 12, 2021.

Eastside Distilling, Inc. to Report Second Quarter 2021 Financial Results on Thursday, August 12, 2021

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PORTLAND, Ore., June 2, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the Company"), a consumer-focused beverage company, today announced its partnership with American Forests, the nation's oldest conservation organization, to help protect and restore the Oregon white oak (Quercus Garryana) habitat in the Willamette Valley.

Eastside Distilling Partners with American Forests to Help Restore American Oak Ecosystems

Eastside Distilling's (EAST) CEO Paul Block on Q1 2021 Results - Earnings Call Transcript

PORTLAND, Ore., May 13, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, reported first quarter 2021 financial results for the period ended March 31, 2021.

Eastside Distilling Reports First Quarter 2021 Financial Results

PORTLAND, Ore., May 5, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company") will report its first quarter 2021 financial results after the market close on Thursday, May 13, 2021.

Eastside to Report First Quarter 2021 Financial Results on Thursday, May 13, 2021

The company is well-positioned for a head-start with new executives, divestiture of unprofitable brands, and reduction of overhead expenses.

Eastside Distilling: Restructuring And Focus On High-Margin Brands

The stock price of Eastside Distilling Inc (NASDAQ: EAST) increased by over 30% during intraday trading. This is why it happened.

EAST Stock: Over 30% Increase Intraday Explanation

PORTLAND, Ore., April 20, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, today announced that it has closed a private placement offering with Bigger Capital Fund, LP and District 2 Capital Fund LP.

Eastside Distilling Announces $3.3 Million Private Placement

Eastside Distilling, Inc. (EAST) CEO Paul Block on Q4 2020 Results - Earnings Call Transcript

Shares of Eastside Distilling (NASDAQ:EAST) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 58.33% over the past year to ($0.20), which missed the estimate of ($0.14).

Recap: Eastside Distilling Q4 Earnings

PORTLAND, Ore., March 31, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits and ready-to-drink "RTD" craft cocktails, reported fourth quarter and year end 2020 financial results for the period ended December 31, 2020.

Eastside Distilling Reports Fourth Quarter and Year End 2020 Financial Results

PORTLAND, Ore., March 29, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company") will report its fourth quarter and Fiscal Year 2020 financial results after the market close on Wednesday, March 31, 2021.

Eastside Distilling, Inc. to Report Fourth Quarter and Fiscal Year 2020 Financial Results on Wednesday, March 31, 2021

PORTLAND, Ore., March 26, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) today announced the appointment of Liz Levy-Navarro to the Company's Board of Directors, effective March 22, 2021.

Eastside Distilling, Inc. Announces Appointment of Liz Levy-Navarro to Board of Directors

PORTLAND, Ore., March 12, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) today announced that the Company will be participating in the Roth Capital Partners 33rd Annual Virtual Conference scheduled for March 15-17, 2021.

Eastside Distilling, Inc. to Participate in 33rd Annual Virtual Roth Capital Partners Conference

PORTLAND, Ore., March 1, 2021 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) is expanding its premium spirits line with the new "Eastside Brand" and the new Eastside portfolio of spirits products. The Eastside special products will build on the Company's inspiration to offer the...

Eastside Distilling, Inc. Launches "Limited-Edition" Premium Craft Spirits Under New Eastside Brand

Eastside Distilling, Inc. (EAST) CEO Paul Block on Q3 2020 Results - Earnings Call Transcript

Shares of Eastside Distilling (NASDAQ:EAST) rose 9.9% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 55.26% year over year to ($0.17), which beat the estimate of ($0.20).

News for Eastside Distilling Stock (EAST)