Earnings

“The Group continued to improve its operating performance in 2022. During the year, we successfully created value by working on multiple fronts: intensifying international growth, continuing the value-over-volumes strategy, and completing the restructuring program, said Fahd Khadraoui, Chief Executive Officer of Marie Brizard Wine & Spirits, said:. The

Fresh Vine Wine, Inc. said distributor depletions in the first quarter of 2023 improved by 58% from the same year ago quarter. In the first quarter of 2023, Fresh Vine added 2,037 new Points-of-Distribution, increasing its footprint by almost a third. Rick Nechio, Interim CEO, said, “The

Willamette Valley Vineyards Inc. reports  net sales revenues of $33.9 million for all of 2022, up 6.8% from $31.8 million a year earlier. Net loss was $646,492, substantially less than the $2,445,463, for 2021. Jim Bernau, Founder and CEO, said, "In 2022, we

Duckhorn Portfolio reports second quarter sales were $103.5 million, an increase of $3.8 million, or 4.8% from the year-earlier quarter.  Net income slipped less than a percentage point to $14.9 million, or 13 cents a share, from $17.9 million, or 16 cents a share.

Brown-Forman Corp. reports net sales rose 4% to $1.1 billion (up 5% on an organic basis) from the like year-earlier quarter;  but earnings plunged 61% to $100 million from $259 million. Brown-Forman stepped up advertising in the quarter, with year-to-date advertising expense up 20%

Molson Coors Beverage Co. reports net sales rose 4.1% (7% constant currency) to $10.7 billion.  The company recorded a net loss of $175.3 million; a year earlier it posted a profit on $1 billion, or $4.62 a share.   It attributed the sales gain to positive net