US: Profit down at Robert Mondavi

By just-drinks.com editorial team | 19 April 2002

Calfornian wine company, Robert Mondavi Corp., has recorded adjusted net income of $8.7m for the third quarter, 13% lower than the $10m in the same period a year earlier. The results were at the lower end of analysts' forecasts. Net revenues were 7% lower at $104.3m.

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Calfornian wine company, Robert Mondavi Corp., has recorded adjusted net income of $8.7m for the third quarter, 13% lower than the $10m in the same period a year earlier. The results were at the lower end of analysts' forecasts. Net revenues were 7% lower at $104.3m.

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