Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Lark Distilling Co. Ltd. ( (AU:LRK) ).
Lark Distilling Co. Ltd has announced that Chief Financial Officer Iain Short will resign at the end of March to take a CFO role at another ASX-listed company outside the spirits sector, with Short remaining in place through the half-year reporting period and assisting with the transition to a permanent successor. Chair Domenic Panaccio emphasised Short’s role in strengthening processes, governance and the operational platform for long-term value creation, and reiterated that under CEO Stuart Gregor the company remains committed to its strategy of building Lark into a globally recognised luxury brand, signalling continuity in strategic direction despite the leadership change.
The most recent analyst rating on (AU:LRK) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Lark Distilling Co. Ltd. stock, see the AU:LRK Stock Forecast page.
More about Lark Distilling Co. Ltd.
Lark Distilling Co. Ltd is Australia’s leading luxury single malt whisky producer, founded in 1992 by Bill and Lyn Lark and based in Tasmania. Its portfolio is led by the LARK Classic Cask and The Rare & Remarkable Collection, complemented by Forty Spotted Gins and the scalable blended malt brand KURIO, with distribution across domestic and international markets and a strong experiential presence through its Hobart cellar door, bars, and Pontville distillery tours.
Average Trading Volume: 32,464
Technical Sentiment Signal: Sell
Current Market Cap: A$64.18M
See more data about LRK stock on TipRanks’ Stock Analysis page.