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Category Archives: Earnings Report
Duckhorn Sales Jump 13.7% in Year, Profit Up 22%
Duckhorn Portfolio reports sales of $104.2 million in the Oct. 31 quarter, a 13.7% increase from a year earlier. Net income was $21.3 million, or 18 cents a share, versus $17.5 million, or 17 cents a share, in the prior … Continue reading
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Winc Sales Up 3.4%, Net Loss Soars 338.4%
Winc Inc. reports third quarter net revenue increased 3.4% to $18.5 million, but the company’s net loss was $5.7 million, a 338.4% increase. Marketing expenses decreased by 23.3% to $3.7 million as the Company throttled advertising spend to maintain efficient marketing … Continue reading
Laurent-Perrier Sales Jump 80% from 2020, 29% from 2019
Laurent-Perrier reports first half Champagne sales of 128.4 million Euros, up 80.9% from the first half of 2020 and 80.9% from the like half in 2019. Net profiit jump 112.4% from the 2020 first half and 208.2% from the 2019 … Continue reading
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Eastside Distilling Sales Plunge 22%, Widening Loss
Eastside Distilling inc., Portland, Ore., reports gross sales plunged 22% to $3.3 million, primarily a result of less canning and bottling business. The company’s net loss widened a bit, to $1.9 million from $1.8 million. The canning and bottling problem … Continue reading
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Glass Bottle Shortages Cut VWE Revenue $7 Million in 1st Fiscal Quarter
The glass bottle shortage cut Vintage Wine Estate’s business-to-business shipments 39.8%, but revenue was down just 5.2%, reflecting a favorable product mix, the company said. Some of the B2B volume loss was offset by a 13.2%, or 70,000 cases, volume … Continue reading
Posted in Earnings Report
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Concha y Toro Profit Jumped 15% in Quarter
Viña Concha y Toro managed to close the third quarter with a year-on-year increase in profit of 15.4% to $30,316 million, supported by a better product mix, increases in the domestic market and income from the real estate area. In … Continue reading
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