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Tag Archives: John Glover
For 1st Time, Castle Brands Swings to Profit for Year
Castle Brands reports net income of $5.66 million, or 5 cents a share, or 3 cents a share, in fiscal 2019, ended March 31, reversing a loss of $818.93 million a year earlier. Net sales rose to $95.84
Posted in beer, Spirits
Tagged John Glover, Richard J. Lampen
Comments Off on For 1st Time, Castle Brands Swings to Profit for Year
Castle Brands Sales Fell 6.4% in 3rd Period, Post $2.2 Million Loss
The company attributed the 6.4% drop in net sales, to $22.5 million from $24.1 million a year earlier primarily to decreases in sales of
Posted in Sales Decline, Spirits
Tagged John Glover, Richard J. Lampen
Comments Off on Castle Brands Sales Fell 6.4% in 3rd Period, Post $2.2 Million Loss
Castle Brands Sales Rise 16% to Record, But Firm Posts a Loss
Net sales jumped 16.3% to a record $89.9 million for fiscal 2018, and net profit from operation soared 120.2% to $4.2 million. But the company recorded interest expense of $3.8 million, nearly three times its interest expense in 2017. As … Continue reading
Posted in Distilled Spirits
Tagged Castle Brands, John Glover
Comments Off on Castle Brands Sales Rise 16% to Record, But Firm Posts a Loss
Castle Brands Net Sales Jump 32%, Profit Jumps 10% in Fiscal 3d Quarter
Sales rose to $24.1 million in the third fiscal quarter, ended Dec. 31, and profit jumped to $465,580 from $422,586.
Posted in beer, Sales Growth, Sales Report, Spirits
Tagged John Glover, Richard J. Lampen
Comments Off on Castle Brands Net Sales Jump 32%, Profit Jumps 10% in Fiscal 3d Quarter
Castle Brands Posts a Profit as Sales Rose 6.5% in Quarte
Net sales increased 6.5% to $20.9 million for the second quarter of fiscal 2018, as compared to $19.6 million for the comparable prior-year period. The firm posted a $280,622 profit. A year earlier it recorded a $489,854 loss.
Posted in Acquisitions, Distillery News, Earnings Report, Spirits
Tagged John Glover
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Castle Brands Acquires 5% More of Copperhead Distillery
Castle Brands Inc. said it purchased an additional 5% of Copperhead Distillery Co., which owns and operates the Kentucky Artisan Distillery.
Posted in Acquisitions, Distillery News
Tagged John Glover
Comments Off on Castle Brands Acquires 5% More of Copperhead Distillery