Operating highlights for the fiscal year ended March 31, 2015:
Net Sales Increase 19.4% Driven by Strong Growth of Whiskeys and Gosling's Stormy Ginger Beer
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Net sales increased 19.4% to $57.5 million for fiscal 2015, as compared to $48.1 million in the prior fiscal year.
Total gross profit increased 22.5% to $21.6 million, as compared to $17.6 million for the prior fiscal year.
EBITDA, as adjusted, improved by 111.1% to $1.1 million, as compared to $0.5 million in fiscal 2014.
Whiskey revenues increased 41.6% from the prior year due to continued strong performance of Jefferson's bourbons and Knappogue and Clontarf Irish whiskeys.
Cumulative Gosling's rum sales have exceeded 1,000,000 cases.
Gosling's Stormy Ginger Beer case sales increased 66.7% to approximately 715,000 cases from approximately 429,000 in the prior fiscal year.
Continued growth of Jefferson's portfolio, including Jefferson's Ocean Aged at Sea, Chef's Collaboration and Jefferson's The Manhattan: Barrel Finished Cocktail.