Castle Brands Board (ROX)

[FUNMAN]

Jeffersons is using KAD distilled "juice". - justadistiller - RISE AND SHINE. @jeffersonsbourbon and @kyartisandistillery are all Set up for the Kentucky bourbon affair events.

This posted picture of new barrels going into the 3rd warehouse ...

https://www.instagram.com/p/ByT0AZHnrX5/


... is in support of this picture that seems to show old aging barrels with new barrels mixed in. This indicates to me that ROX/Jefferson's is already drawing down on KAD distilled barrels which contributed to the highest (41.7%) gross profit margin ROX has posted in almost 8 quarters.


jeffersonsbourbon - Our favorite thing to collect? Barrels and barrels full of Jeffersons.

https://www.instagram.com/p/Byid1aupqeg/


This is great news and hopefully leads to even higher gross profit margins in quarters to come.

On revenues of $100,000,000, every 1% rise in gross profit margin pushes another $1 million to the bottom line.

ROX's rising Gross Profit Margin is heading in the right direction.