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Tag Archives: Scheid Family Wines
Scheid Revenue Jumps 34%, But Firm Swings to a Loss
Schwab Family Wines reports reports total revenue of $15/9 million in the three months ended May 31, a 34% increase from $11.9 million a year earlier. But the company, for reasons that are not clear to us, post a net … Continue reading
Posted in Earnings Report
Tagged Scheid Family Wines
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Scheid Family Wines Acquires 50% Interest in HOXIE Spritzer
Scheid Family Wines said it acquired a 50% interest in HOXIE Group and will produce HOXIE Spritzer, an artisanal dry wine spritzer. Terms weren’t disclosed. Scheid Family Wines will look to expand HOXIE with targeted national and international distribution. HOXIE wine … Continue reading
Posted in Acquisitions
Tagged Hoxie, Scheid Family Wines
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Vineyard Sales Lifts Schied Revenue 12.4%, Reversing Loss
Schied Vineyards reports a profit of $12.58 million , or $14.04 a share, in the first six months, reversing a year-earlier loss of $4.57 million. Revenue totaled $17.96 million. Much of the profit was attributed to the sale of vineyard … Continue reading
Posted in Finance
Tagged Scheid Family Wines
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WSWA Brand Battle Picks Low/No Alcohol Winner
Sunny with a Chance of Flowers was named the category winner for the Low- & No-Alcohol category of the 2021 virtual Wine & Spirits Wholesalers of America Brand Battle. Sunny Wines, produced by Scheid Family Wines, targets consumers wanting to … Continue reading
Posted in Low/No Alcohol
Tagged Scheid Family Wines
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Scheid Family Wines 1st Organic Harvest
Scheid Family Wines announce its first ever harvest of organically certified wine grapes. The Petite Sirah grapes were harvested from Scheid’s White Flower Vineyard located in the Hames Valley AVA in southern Monterey County. It marks the first step in … Continue reading
Posted in Wine
Tagged organic certification, Scheid Family Wines
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