Looking Back - Update #1 from Federation Brewing
Published on May 8, 2019
Hello good folks of the internet investment world,
We have some truly exciting updates for you. Major milestones have been reached and you need to know!
Let’s have a look at this first quarter:
We’ve brewed some fantastic new beers that have been selling like gangbusters--like Blood of My Rivals, our blood orange IPA which sold out in 2 days. Our crew has expanded to include three salespeople and we’ve partnered with SDA Solutions, a craft brewing sales consultant, to help guide the ship.
We've released our four core beers in cans!
We are selling nearly 80 barrels of beer per month and meeting and beating our projections. We’ve seen a total growth of 14% over last year and hit 101% of our sales projections in the first quarter, followed up by an April that was our best month yet--we sold 120% of our projection--growing our account portfolio to over 280 locations in the SF Bay Area.
PLUS
- We got some great new press.
- We celebrated 2 years open to the public in Jack London Square.
- We participated in the Resilience IPA, Butte County Strong and raised more that $4,000 for the Sierra Nevada Camp Fire Relief Fund.
- CIM Group announced plans to open a large public market in Jack London Square, featuring stalls with food vendors, fresh produce and more. This is HUGE for us: the marketplace really creates a foothold for the direction of our entire neighborhood.
Stay tuned for more regular updates!
Our Limited 2019 Anniversary shirt design. Available at the brewery.