Printer Friendly

EAST: Publix to sell Redneck Riviera Whiskey in all company stores that sell spirits in Florida.

Byline: Zacks Small Cap Research

By Ian Gilson, PhD, CFA



Publix, the largest grocery chain in Florida, will sell Redneck Riviera Whiskey in all of the stores that sell spirits.

In Florida Publix has 831 stores, all of which sell beer and wine, but only 273 stores also sell spirits. Some stores will have product to sell this Christmas and all 273 stores will stock the whiskey by the end of January 2020. Publix has close to 1270 stores in the SE USA with total sales in 2017 of over $34 billion (Publix is employee owned and accurate date is unavailable).

Redneck Riviera Whiskey is now available in 40 states in the USA.

Eastside Distilling (NASDAQ: EAST) has secured two working capital facilities with a maximum capacity of $4 million ($2 million each). The lines may be used to purchase raw material inventory, including tequila.

SUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR.

DISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks provides and Zacks receives quarterly payments totaling a maximum fee of $30,000 annually for these services. Full Disclaimer HERE.

COPYRIGHT 2019 Accretive Capital LLC dba
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Author:Zacks Small Cap Research
Geographic Code:1U5FL
Date:Dec 16, 2019
Previous Article:FreightWaves Oil Report: A Big Writedown By Chevron Doesn't Signal The End Of The Oil Era.
Next Article:Mid-Morning Market Update: Markets Open Higher; IFF To Merge With DuPont's Nutrition Business.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters