Gage Roads Brewing Posted 54% Rise In Total Sales In Q1 FY21

Gage Roads Brewing Co Ltd (ASX:GRB) reported a 54% rise in its total sales on pcp for Q1 of FY21, putting it on track to deliver on its sales, margin and earning prospects for H1 and full year.

Sales of Good drinks brands rose by 118% in the quarter compared to Q1 in 2019. The boost in sales was propelled by an increase of 250% in sales to the national retail chains, a 140% rise in sales to the independent retail channel and a 25% rise in draught keg sales.

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