ASCC Revenues Rise Due to Increase in Demand
LAS VEGAS, NV / ACCESSWIRE / April 13, 2016 / Sales of Ultra-Premium Handcrafted RWB Vodka are off to a tremendous start in 2016, reports the Aristocrat Group Corp. (OTCQB: ASCC). The company's revenues rose by 7.4 percent in the first quarter of the new year over its revenues for the same three-month period in 2015.
The revenue spike can be attributed to a sharp increase demand for RWB Vodka among consumers seeking a new, ultra-premium option in the vodka category, says ASCC President Chris Less. The ongoing trend toward premiumization in the distilled spirits industry--particularly prevalent among younger, Millennial drinkers, has helped ASCC to continue growing its distribution in the United States.
"Consumers are no longer satisfied with just the major brands in the vodka category," Mr. Less said. "They're looking for independent brands that are distilled with care and quality, and that's what they're finding in RWB Vodka."
ASCC is positioned to further increase revenues in the second quarter of the calendar by increasing distribution in the state of Texas through Texas Top Shelf Distributing Co. and increasing the company's cost efficiency.
By appealing to consumers' changing tastes, ASCC hopes to become the next upstart spirits company to carve out a market share as demand heats up. The company is working to build a diversified portfolio of brands in order to cash in on the growth of the distilled spirits industry.
For more information, please visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
About the Aristocrat Group Corp.
The Aristocrat Group Corp. (ASCC) identifies and promotes unique brands that have mass market appeal across diverse demographics. ASCC's brand management includes premium luxury goods, including top-shelf distilled spirits like RWB Vodka. The Company targeted the growing market for quality domestic spirits in order to deliver maximum returns to its shareholders. ASCC, which hopes to capitalize on unprecedented new brand-building opportunities, is working to build a portfolio of successful brands to compete in a highly profitable sector alongside LVMH Moet Hennessy Louis Vuitton (NASDAQ: LVMUY), Diageo PLC (NYSE: DEO), and Brown-Forman Corp. (NYSE: BF-B).
For more information about the Aristocrat Group Corp., visit www.aristocratgroupco.com/aristocratgroupco_com/investors.html.
For more information on Ultra-Premium Handcrafted RWB Vodka, please visit www.rwbvodkaco.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Aristocrat Group Corp.
Chris Less, 702-761-6866
SOURCE: Aristocrat Group Corp.