The Company reconfirmed its Q2 of positive EBITDA for its Craft division with a substantial reduction in the net operating loss for the division. Craft’s operating performance continues to improve, with May posting the highest monthly segment sales ever. The Company has digitally printed more than 15 million cans since its new Portland, Oregon location was opened last year. The Company is also updating Q2 guidance to state that its Spirits division is performing better than internal profit plans.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on EAST: