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Stock impact report

Willamette Valley Vineyards Posts Results for Q3 2024 [Yahoo! Finance]

Willamette Valley Vineyards, Inc. (WVVI) 
US:NASDAQ Investor Relations: wvv.com/investor-relations
Company Research Source: Yahoo! Finance
Noir, generated a loss per common share after preferred dividends of for each of the three months ended September 30, 2024 and 2023 respectively. Sales revenue for the three months ended September 30, 2024 and 2023 were and , respectively, an increase of , or 0.2%, in the current year period over the prior year period. This increase was caused by an increase in direct sales of partly offset by a decrease in sales through distributors of in the current year three-month period over the prior year period. The increase in direct sales to consumers in the third quarter of 2024 compared to the same quarter of 2023 was primarily the result of revenues from opening a new tasting room in late 2023. The decrease in revenue from sales through distributors was primarily related to lower case sales in this market. Gross profit as a percentage of net sales for the three months ended September 30, 2024 and 2023 was 62.0% and 60.8%, respectively, an increase of 1.2 percentage points in the curren Show less Read more
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