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Willamette Valley Vineyards Inc   (WVVI)
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Price: $4.5672 $-0.03 -0.605%
Day's High: $4.595 Week Perf: -4.25 %
Day's Low: $ 4.57 30 Day Perf: -9.74 %
Volume (M): 1 52 Wk High: $ 6.59
Volume (M$): $ 5 52 Wk Avg: $5.56
Open: $4.58 52 Wk Low: $4.55



 Market Capitalization (Millions $) 23
 Shares Outstanding (Millions) 5
 Employees 94
 Revenues (TTM) (Millions $) 39
 Net Income (TTM) (Millions $) -1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 4

Willamette Valley Vineyards Inc

Willamette Valley Vineyards, Inc. was formed in May 1988 to produce and sell premium, super premium and ultra-premium varietals. The Company was originally established as a sole proprietorship by Oregon winegrower Jim Bernau in 1983. The Company is headquartered in Turner, Oregon, which is just south of the state capitol of Salem, Oregon. The Company’s wines are made from grapes grown in vineyards owned, leased or contracted by the Company, and from grapes purchased from other nearby vineyards. The grapes are harvested, fermented and made into wine at the Company’s Turner winery (the “Estate Winery” or “Winery”) and the wines are sold principally under the Company’s Willamette Valley Vineyards label, but also under the Griffin Creek and Tualatin Estates labels. The Company also owns the Tualatin Estate Vineyards and Winery, located near Forest Grove, Oregon (the “Tualatin Winery”).


The Company holds U.S. federal and/or Oregon state trademark registrations for the trademarks material to the business, including but not limited to, the WILLAMETTE VALLEY VINEYARDS, GRIFFIN CREEK, PIERRE PANBRUM VINEYARDS, WILLAMETTE, SIP.SAVE, WHOLE CLUSTER, MADE IN OREGON CELLARS, OREGON BLOSSOM, and IT’S WILLAMETTE, DAMMIT marks.

The Company, one of the largest wine producers in Oregon by volume, believes its success is dependent upon its ability to: (1) grow and purchase high quality vinifera wine grapes; (2) vinify the grapes into premium, super premium and ultra-premium wine; (3) achieve significant brand recognition for its wines, first in Oregon and then nationally and internationally; (4) effectively distribute and sell its products nationally; and (5) continue to build on its base of direct to consumer sales. The Company’s goal is to continue to build on a reputation for producing some of Oregon’s finest, most sought-after wines.

Based upon several highly regarded surveys of the U.S. wine industry, the Company believes that successful wineries exhibit the following four key attributes: (i) focus on production of high-quality premium, super premium and ultra-premium varietal wines; (ii) achieve brand positioning that supports high bottle prices for its high quality wines; (iii) build brand recognition by emphasizing restaurant sales; and (iv) develop strong marketing advantages (such as a highly visible winery location, successful support of distribution, and life-long customer service programs).

To successfully execute this strategy, the Company has assembled a team of accomplished winemaking professionals and has constructed and equipped the Estate Winery into a 12,784 square foot state-of-the-art winery that includes a 12,500 square foot outdoor production area for the harvesting, pressing and fermentation of wine grapes.

The Company’s marketing and selling strategy is to sell its premium, super premium and ultra-premium cork-finished-wine through a combination of direct sales at the Estate Winery, the McMinnville Tasting Room in McMinnville, Oregon and Tualatin Estate Winery and sales through independent distributors and wine brokers who market the Company’s wine in specific targeted areas.

Ingram Estate and Elton Vineyard – The Company purchased 86 acres near Hopewell, Oregon, for vineyard plantings. Adjacent to the purchased land is an additional 109 leased acres, also for vineyard development. The Company believes the site is ideally situated to grow premium Pinot Noir and planted 42 acres in 2015. The Ingram site is also adjacent to Elton Vineyards, where the Company leases 54 acres of established vineyards. The Company intends to plant 31 leased acres at Ingram and one acre at Elton in 2016.

Pambrun Vineyards – In 2015, the Company purchased 42 acres in the Walla Walla AVA near the town of Milton-Freewater, Oregon. Additionally, the Company has an option to buy another 45 acres. The Company believes this site is ideal to grow Cabernet Sauvignon and other Bordeaux-varietals. Wines produced from this vineyard are expected to be sold under the Pambrun label.

Loeza Vineyard – The Company purchased 62 acres near Gaston, Oregon in 2014, for vineyard plantings, and believes the site is ideally situated to grow premium Pinot Gris. The site is close to Tualatin Vineyards which allows the Company to leverage existing crews for vineyard development and operations.

Grape Vines - Beginning in 1997, the Company embarked on a major effort to improve the quality of its flagship varietal by planting new Pinot Noir clones that originated directly from the cool climate growing region of Burgundy rather than the previous source, Napa, California, where winemakers believe the variety adapted to the warmer climate over the many years it was grown there.

These new French clones are called “Dijon clones” after the University of Dijon in Burgundy, which assisted in their selection and shipment to a U.S. government authorized quarantine site, and then two years later to Oregon winegrowers. The most desirable of these new Pinot Noir clones are numbered 113, 114, 115, 667, 777 and 943. In addition to certain flavor advantages, these clones ripen up to two weeks earlier, allowing growers to pick before heavy autumn rains. Heavy rains can dilute concentrated fruit flavors and promote bunch rot and spoilage. These Pinot Noir clones were planted at the Tualatin Vineyards with phylloxera-resistant rootstock and the 667 and 777 clones have been grafted onto seven acres of self-rooted, non-phylloxera-resistant vines at the Company’s Estate Vineyard. The Company also planted 943 clones at its Estate and Ingram Vineyards in 2015.

The Company’s Winery and production facilities are capable of efficiently producing up to 132,000 cases (314,000 gallons) of wine per year, depending on the type of wine produced.



   Company Address: 8800 Enchanted Way Turner 97392 OR
   Company Phone Number: 588-9463   Stock Exchange / Ticker: NASDAQ WVVI
   


Customers Net Income fell by WVVI's Customers Net Profit Margin fell to

-51.78 %

2.16 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BFA     
CWGL   -0.17%    
STZ   -1.27%    
MO   -1.98%    
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Willamette Valley Vineyards Inc

Willamette Valley Vineyards Inc. Reports Decline in Revenue Throughout Q4 2023

Willamette Valley Vineyards Inc, a prominent Oregon producer of Pinot Noir, recently announced its financial results for the most recent fiscal period. The company reported a loss per share of $-0.25, compared to $-0.16 in the previous year and an advanced loss of $-0.17 from the previous quarter. These figures indicate a decline in profitability for the company.
Furthermore, the company's revenue decreased by -5.577% to $10.75 million, compared to $11.39 million in the same quarter last year. However, there was a sequential improvement, with revenue increasing by 15.028% from $9.35 million in the previous quarter. Although the revenue improvement is positive, it does not entirely offset the overall decline in revenue year over year.

Willamette Valley Vineyards Inc

Willamette Valley Vineyards Inc Boasts Record Revenue Surge, Yet Profitability Remains Elusive by the End of Fiscal Year 2023

Willamette Valley Vineyards Inc. (WVVI) has reported a significant surge in revenue in the third quarter of 2023. According to their financial report, revenue increased by 22.954% to $9.35 million compared to the same period the previous year. However, the company also experienced a loss of $-0.17 per share.
Despite the loss, WVVI's business growth outperformed most of its contemporaries in the Nonalcoholic Beverages industry during this period. Other companies in the industry reported a business growth of 7.65% relative to the third quarter of 2022. This showcases the strong performance and potential of Willamette Valley Vineyards Inc. compared to its competitors.

Willamette Valley Vineyards Inc

Willamette Valley Vineyards Inc. Experiences Impressive Revenue Growth and Industry Outperformance in Q2 2023

Willamette Valley Vineyards Inc, a prominent player in the nonalcoholic beverages industry, has recently announced impressive financial results for the second quarter of 2023. With a surge in revenue of 23.278% to $10.73 million compared to the same quarter the previous year, the company has showcased its ability to generate significant growth. However, it is important to note that the company experienced diminishing returns, with a per-share value of $-0.08.
When compared to its industry contemporaries, Willamette Valley Vineyards Inc has outperformed as they reported an overall 5.19% increase in revenue during the same period. This positive advancement has solidified their position in the market and demonstrates their ability to thrive in a competitive landscape. In comparison to the previous quarter, the company's income per share improved from $-0.25 to $-0.08, indicating a positive trend. Additionally, their revenue saw a significant increase of 29.093% from $8.31 million.

Willamette Valley Vineyards Inc

Despite Surge in Revenue, Willamette Valley Vineyards Inc Fails to Turn a Profit in Fiscal Year Ending March 31, 2023

Willamette Valley Vineyards Inc is a winery business located in Salem, Oregon, that produces premium-quality wine. The company was established in 1983 and has been in operation ever since, producing some of Oregon's most exquisite grapes with painstaking attention to detail and tradition.
In the week ending March 31, 2023, Willamette Valley Vineyards Inc faced a shortfall per share of $-0.25, despite the fact that its sales had increased by 33.107% to $8.31 million from the same period in the previous year. In the prior reporting period, the firm earned $11.39 million in revenue and suffered a shortfall of $-0.16 per share. Instead of breaking even in the same reporting period a year earlier, the company recorded a net shortfall of $-0.745 million at the close of the fiscal period ending March 31, 2023.






 

Willamette Valley Vineyards Inc's Segments
 
 
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  Revenue Outlook
Willamette Valley Vineyards Inc does not provide revenue guidance.

Earnings Outlook
Willamette Valley Vineyards Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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