Zach’s Releases WDKA Research Report

Zach's Investment Research releases positive report on WDKA and provides into the company's strategy.
By: mike
 
Feb. 8, 2012 - PRLog -- Carson City, NV - Panache Beverage Inc. (WDKA), the alcoholic beverage company specializing in the development and global sales and marketing of spirits brands, has had a research report recently released on it by Zachs Small Cap Research.

In the Zach’s report, they give the alcoholic beverage growth stocks a positive outlook. Despite not having great financials at the present time, which Zach’s attributes to lower gross margin and increased operating expenses , the company can expect increased sales, as it makes further in roads into the marketplace.

Zach’s reports that Panache’s overall year on year sales is increasing dramatically. Panache Beverage Inc. reported financial results for its fiscal 2011 third quarter and nine months, ended September 30, 2011.

A solid last quarter resulted in a 750 percent year over year increase in sales, with revenue expanding $464,639 to $526,587, from $61,948 for the three months ended September 30, 2010.

The solid performance in the last quarter is being attributed to the Company’s successful implementation of its marketing strategies in New York City. The marketing campaign caused quite a stir amongst locals but the pay off for Panache was lots of free media coverage.

Full Research Report Available here:

http://www.zacks.com/stock/news/69158/Panache+Beverage+ha...++


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Source:mike
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Tags:WDKA, Panache Beverages, Penny Stocks
Industry:Business
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