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# Willamette Valley Narrows 3Q Loss; Sales Jumped 23%
- URL: https://bevnews.net/willamette-valley-narrows-3q-loss-sales-jumped-23/
- Published: 2023-11-15T02:33:43.000Z
- Updated: 2023-11-15T02:33:43.000Z
- Author: Joel Whitaker
- Tags: New Products

**Willamette Valley Vineyards** reports third quarter sales rose 23% to $9.35 million. The company posted a net loss of $326,982\. The loss was significantly less than the year-earlier loss of $949,821\. The increase in sales was attributed to an increase through in 10% sales through distributors.

"I believe our new winery and retail locations are helping us reach thousands of new customers, while our successful preferred stock offerings have resulted in a significant number of wine enthusiast stockholders who previously had not made a recorded purchase in any of our tasting rooms or on-line."