In the Q2, Crimson Wine Group Ltd 's corporate clients experienced a decline by -10.98 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -13.86 %. During the corresponding time, Crimson Wine Group Ltd recorded a revenue increase by 22.22 % year on year, sequentially revenue grew by 14.29 %. While revenue at the Crimson Wine Group Ltd 's corporate clients recorded rose by 8.05 % year on year, sequentially revenue grew by 5.7 %.
Customers of Crimson Wine Group Ltd saw their costs of revenue decline by -10.98 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -13.86 %, for the same period Crimson Wine Group Ltd recorded revenue increase by 22.22 % year on year, sequentially revenue grew by 14.29 %.
Crimson Wine Group Ltd's Comment on Sales, Marketing and Customers
The company distributes wines across all U.S. states through nearly 40 wholesale distributors. Its export team supports customers in approximately 40 countries via independent importers and brokers. The company acquired the Raeburn wine brand assets from Purple Wine Company, LLC. It owns and operates several vineyards and wineries, including Pine Ridge Vineyards, which has an annual production capacity of up to 285,000 gallons (approximately 120,000 cases) and serves customers through its facilities and distribution channels.
Crimson Wine Group Ltd’s Comment on Sales, Marketing and Customers
The company distributes wines across all U.S. states through nearly 40 wholesale distributors. Its export team supports customers in approximately 40 countries via independent importers and brokers. The company acquired the Raeburn wine brand assets from Purple Wine Company, LLC. It owns and operates several vineyards and wineries, including Pine Ridge Vineyards, which has an annual production capacity of up to 285,000 gallons (approximately 120,000 cases) and serves customers through its facilities and distribution channels.
Sources:
Crimson Wine Group Ltd’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Crimson Wine Group Ltd’s corporate clients.
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