Eastside Distilling Co. reports third quarter gross sales were $4.7 million, up 179% from $1.7 million a year earlier. But it’s net loss widened during the quarter to $3.5 million compared to $2.9 million a year earlier. Total branded case volume rose 108% to 18,710 cases and Redneck Riviera case volume exploded, rising 198% to 10,677 cases.
“We delivered strong third-quarter case count and revenues. Demand for our products in off-premise distribution channels is strong,” said Lawrence Firestone CEO. “We closed the acquisition of Azuñia just before the quarter-end and are excited to integrate these great organic tequila products into our lineup as this will continue to add to our growth story going forward.”