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Lark Distilling (ASX:LRK), the Tasmanian whisky producer, has delivered a run of sales growth. In July 2026, Perennial Partners reported Lark rose 4% after a solid quarterly update, with fourth-quarter net sales up 44% and growth in full-year sales. In February 2026, Perennial noted a 20.5% rise after whisky net sales rose 18%, marking the sixth consecutive quarter of top-line growth despite a challenging global spirits market. Lark Distilling operates in the Consumer Staples sector within the Beverages industry, and Thesis Tracker has captured 3 comments from 2 fund managers, including Perennial Partners. Established in 2003 and headquartered in Tasmania, Lark Distilling produces, markets and sells premium single malt whisky and other craft spirits, including Lark and Forty Spotted gin, and holds a large inventory of maturing whisky that underpins future sales, with distribution in Australia and growing export markets in Asia, the US and Europe.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Wilson Asset Management and Perennial Partners have invested in Lark Distilling Co Ltd (ASX:LRK).
Perennial highlights six consecutive quarters of sales growth, a 44% increase in fourth-quarter net sales and resilience despite a weak global spirits market.
The available commentary does not set out specific risks, though Lark operates in a challenging premium spirits market and requires significant capital tied up in maturing inventory.
Lark Distilling Co. Ltd. is an Australian company specializing in the production, marketing, sale, and distribution of craft spirits. Established on May 2, 2003, and headquartered in Sydney, the company operates through three primary business segments: Lark Whisky, Gin, and Other spirits. As a prominent craft distiller, Lark Distilling Co. focuses on premium spirit production for both domestic and international markets.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.