Tag Archives: Eastside Distilling

Eastside Distilling Releases Oregon Marionberry Whiskey

Posted on September 28, 2021 by Joel Whitaker

It’s actually a relaunch, but wuith “a new and improved premium formula and packaging,” and is the first in a series of three flavored Eastside branded whiskies. It will be followed by Eastside Luxardo Maraschino Cherry Whiskey, and its new … Continue reading →

Posted in New Products | Tagged | Comments Off on Eastside Distilling Releases Oregon Marionberry Whiskey

Eastside Distilling Narrows Loss on Lower Sales

Posted on August 12, 2021 by Joel Whitaker

Eastside Distilling Inc. reports net sales fell 6.7% to $3.4 million.  Despite the lower sales, Eastside narrowed its net loss to $1.7 million for the second quarter from $2.1 million a year earlier. The lower sales were primarily driven by … Continue reading →

Posted in Earnings Report | Tagged | Comments Off on Eastside Distilling Narrows Loss on Lower Sales

Eastside Distilling Plans to Double Shares to Fund Growth

Posted on August 3, 2021 by Joel Whitaker

Eastside Distilling Inc., Portland, Ore., is asking shareholders to approve doubling its share outstanding as part of a three-year strategic brand that involves transforming its craft canning and bottling business and using the resulting cash flow to expand distribution and … Continue reading →

Posted in Acquisitions, Distribution, Spirits | Tagged | Comments Off on Eastside Distilling Plans to Double Shares to Fund Growth

Eastside Distilling Sales Up 4%, Year-Earlier Loss Reversed

Posted on May 13, 2021 by Joel Whitaker

Eastside Distilling Inc., Portland, Ore., reports consolidated sales grew 4% in the first quarter to $3.2 million, and net income was $3.7 million, or 33 cents a share, compared to a year-earlier loss of $3.5 million. The higher sales number … Continue reading →

Posted in Earnings Report | Tagged | Comments Off on Eastside Distilling Sales Up 4%, Year-Earlier Loss Reversed

Eastside Distilling Privately Places $3.3 Million of Notes

Posted on April 20, 2021 by Joel Whitaker

Bigger Capital Fund, LP and District 2 Capital Fund LP bought the secured convertible promissory notes. They can be converted into commons shares of Eastside Distilling for $2.20, a 39% premium to the last closing price.  The two funds also … Continue reading →

Posted in Finance | Tagged | Comments Off on Eastside Distilling Privately Places $3.3 Million of Notes

Eastside Taps Paul Block for Top Job

Posted on July 1, 2020 by Joel Whitaker

Eastside Distilling, Inc. named spirits industry and consumer goods veteran Paul Block as the Company’s new Chief Executive Officer, effective July 1, 2020. Block initially joined Eastside as Chairman in April 2020 and will succeed Lawrence Firestone as CEO who helped … Continue reading →

Posted in Personnel Changes, Who and What | Tagged , , | Comments Off on Eastside Taps Paul Block for Top Job