MIAMI BEACH, FL / ACCESSWIRE / November 30, 2023 / LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry,proudly announces extraordinary success during the Black Friday Cyber Monday (BFCM) weekend. By November 30, 2023, LQR House's monthly revenue for November was up over 300% year over year. This remarkable performance has propelled LQR House's overall revenue to unprecedented heights.
As Black Friday saw Americans shatter online spending records, CWSpirits.com experienced a substantial surge in both traffic and sales. The Company witnessed a historic surge in sales, with its flagship website, CWSpirits.com, contributing significantly to the November revenue, which totaled an impressive $300,000. This amount comprises revenue from both the LQR House Marketing Contracts and sales on CWSpirits.com.
Sean Dollinger, the CEO of LQR House, conveyed his enthusiasm for the exceptional performance during the Black Friday Cyber Monday events, stating, "It's truly exhilarating to witness these remarkable numbers during our Black Friday and Cyber Monday online sales events. This success is a fantastic way to kick off our busy holiday season, and we eagerly anticipate the upcoming Christmas and New Year's sales through CWSpirits.com. Black Friday is always my favorite time of the year because in ecommerce, you truly get to witness the power of your platform in 48 hours. The success of CWSpirits.com reflects the dedication of our team and the loyalty of our customers. We look forward to building on this momentum and continuing to provide exceptional products and experiences to our valued customers."
About LQR House Inc.
LQR House is a dynamic and forward-thinking e-commerce company that intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. Currently, LQR House owns the alcohol ecommerce marketplace Country Wine & Spirits Inc. ("CWS"). LQR House has also established itself as a marketing platform by uniting over 550 influencers to effectively promote brands and drive traffic to its e-commerce platform, cwspirits.com.With a deep passion for the world of beverages, LQR House takes pride in curating marketing strategies aimed to elevate brands to new heights. Composed of a team of seasoned professionals, LQR House focuses on crafting marketing solutions tailored to each client's unique needs. Through strategic partnerships, creative branding, and digital prowess, LQR House intends to be at the forefront of the wine and spirits marketing landscape, making it the go-to choice for brands seeking to thrive in a competitive industry.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statements on Form S-1 filed with the SEC and other filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statements on Form S-1 and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.
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SOURCE: LQR House Inc.