Category Archives: Earnings Report

CBrands Sales Rose 2.8% in Year, Net Turns to a Loss

Posted on April 7, 2022 by Joel Whitaker

Constellation Brands Inc. reports net sales rose 2.4% to $8.820.7 billion in fiscal 202022, ending Feb. 28.  The company reported a $40 million loss compared to a $1.998 billion, or $10.44 Class A share, profit a year earlier. The company … Continue reading →

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Fresh Vine Wine Sales, Loss Soar in Year

Posted on March 31, 2022 by Joel Whitaker

Fresh Vine Wine reports annual revenue grew 681% to $1.7 million from $217 million in 2020.  The Company reported a net loss of $9.97 million for fiscal 2021, compared to a net loss of $1.29 million in fiscal 2020. Revenue growth … Continue reading →

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Splash Beverage Sales Soar 139% in 2021, Net Loss Widens a Bit

Posted on March 31, 2022 by Joel Whitaker

Splash Beverage Group reports net revenue of $11.3 million in 2021 vs. $2.3 million a year earlier.  Non-cash compensation of $12.8 million, up from $2.3 million a year earlier, was principally responsible for the company’s net loss growing to $29.1 … Continue reading →

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Willamette Valley Vineyards Sales Rose, Profit Fell

Posted on March 30, 2022 by Joel Whitaker

Willamette Valley Vineyards reports earning $2.4 million, or 20 cents a share, in 2021, a 28% decrease from 2020’s $3.4 million, or 46 cents a share.  Sales rose to $31,786,864, a 16% increase from the year-earlier figure. The improved sales … Continue reading →

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Concha y Toro Revenue Rises 13% in Year to $1.097 Billion

Posted on March 16, 2022 by Joel Whitaker

And net profit rose 26.7% to $117 million in 2021.  The Chilean wine producer noted that the increase “was driven by a double-digit growth rate in those brands we have prioritized.” In the U.S., sales increased 4.8% in value, with … Continue reading →

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Brown-Forman Net Jumps 18% as Sales Rise 14% in 3rd Quarter

Posted on March 4, 2022 by Joel Whitaker

Brown-Forman Corp. reports net income jumped 18% to $259 million, or 54 cents a share, as net sales rose 14% (22% organic) in the third quarter, ended Jan. 31. The company also reported brand results for the first nine months … Continue reading →

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