US: Chalone registers increase in tough market
The Chalone Wine Group announced a 1% increase in net income for the first quarter of 2002, compared to the first three months of 2001. The company reported a gross profit of US$6.048, with sales of 152,158 cases and a net income of $478,000; increases of 22%, 15%, and 1%, respectively, over the same period the prior year. These increase were despite a charge of $458,000 due to the sale of bulk wine for both inventory control and further quality enhancement. Diluted earnings per share were US$0.04.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Interview Berry Bros & Rudd CEO Dan Jago - Part I
- The threat of excess choice in beer is over-stated
- Key trends for the beer category in 2017 - Focus
- Key trends for the spirits sector in 2017 - Focus
- Key trends for the alcohol category in 2017
- Pernod Ricard's Method and Madness Irish whiskey
- Premium to counter mainstream in gin - research
- Pernod unveils new St Patrick's Day Jameson bottle
- Bacardi lines up Canadian bottling plant closure
- Bacardi takes stake in Ilegal Mezcal
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global gin insights - market forecasts, product innovation and consumer trends