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USA: The Chalone Wine Group Announces First Quarter Fiscal Year 2001 Results

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The Chalone Wine Group, Ltd. (Nasdaq:CHLN) announced today record gross revenues of $14,518,000 for the first quarter ended June 30, 2000, a 34 percent increase over last year. Record case sales of 128,545 for the first quarter represented a 50 percent increase over the prior year. The resulting gross profit of $5,412,000 increased by eight percent.


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