Willamette Valley Vineyards Posts a Profit for the Second Quarter 2018
Willamette Valley Vineyards, Inc. (WVVI)
US:NASDAQ Investor Relations:
wvv.com/investor-relations
Company Research
Source: PR Newswire
SALEM, Ore., Aug. 14, 2018 /PRNewswire/ -- Willamette Valley Vineyards (NASDAQ: WVVI), a leading Oregon producer of Pinot Noir, generated income applicable to common shareholders of $546,817, or $0.11 cents per share, for the second quarter of 2018, up from $461,668, or $0.09 cents per share, for the corresponding prior year period, representing a $85,148 or 18.4% increase in income applicable to common shareholders compared to second quarter 2017. The Company produced revenues of $5,821,292 and $5,313,784 in second quarters of 2018 and 2017, respectively, an increase of $507,508 or 9.6%. This increase was caused by an increase in direct sales of $358,479 and an increase in sales through distributors of $149,029. Selling, general and administrative expenses were $2,543,201 and $2,129,794 for the second quarters of 2018 and 2017, respectively, an increase of $413,407 or 19.4%. This increase was primarily the result of increases in staffing, marketing, long-term planning and develo
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- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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