Eastside Distilling (NASDAQ: EAST) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Last night, EAST provided preliminary year-end financial results with branded case volumes largely in-line, offset by relatively soft canning results. Certain Redneck demand was also proactively moved to 1Q20 to increase case profitability. EAST’s forward update was encouraging, anchored by Redneck’s newest national win, 740 Rite Aid stores, and a CY20 focus on widening its national platform for its Azunia, Burnside and Hue-Hue brands. EAST also called for 4Q20 EBITDA profitability, two quarters ahead of our previous projection. Maintain Buy.”
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About Eastside Distilling
Eastside Distilling, Inc. (NASDAQ: EAST) has been producing high-quality, craft spirits in Portland, Oregon since 2008. The company is known for its award-winning product line, including Redneck Riviera Whiskeys, Azuñia Tequila, Hue-Hue Coffee Rum, Burnside Bourbons, Portland Potato Vodkas, and a distinctive line of fruit infused spirits. All Eastside spirits are crafted from natural ingredients for quality and taste. Eastside’s Craft Bottling + Canning subsidiary is one of the Northwest’s leading independent spirit bottlers and ready-to-drink canners. For more information visit: www.EastsideDistilling.com.
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