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Willamette Valley Vineyards - $WVVI STOCK NEWS

Welcome to our dedicated page for Willamette Valley Vineyards news (Ticker: $WVVI), a resource for investors and traders seeking the latest updates and insights on Willamette Valley Vineyards stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Willamette Valley Vineyards's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Willamette Valley Vineyards's position in the market.

Rhea-AI Summary
Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) reports a loss per common share after preferred dividends, with increased net sales revenues in 2023 compared to 2022. Gross profit and operating expenses also saw notable changes, influenced by factors like direct sales and tasting room sales.
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3.76%
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Rhea-AI Summary
Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) reported a decrease in loss per common share and an increase in sales revenue for the three months ended September 30, 2023, compared to the same period in 2022. The increase in revenue was attributed to higher sales through distributors and direct sales to consumers. Gross profit also saw a significant increase, while selling, general, and administrative expenses rose. Net loss for the third quarter of 2023 decreased by 65.6% compared to the same quarter in the prior year. CEO Jim Bernau credited the company's success to achieving strategic goals, new winery and retail locations, and returning to core values.
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End-of-Day
2.32%
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Rhea-AI Summary
Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) declares $0.22 per share cash dividend on its Series A Redeemable Preferred stock (NASDAQ:WVVIP), payable on December 29, 2023. Future dividends subject to board approval based on terms of the Amended and Restated Certificate of Designation of the Preferences, Limitations, and Relative Rights of the Series A Redeemable Preferred Stock. Headquartered near Salem, Oregon.
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-3.91%
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-1.33%
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Willamette Valley Vineyards

Nasdaq:WVVI

WVVI Rankings

WVVI Stock Data

20.81M
3.84M
22.65%
12.23%
0.02%
Wineries
Manufacturing
Link
United States of America
TURNER

About WVVI

willamette valley vineyards, inc. produces and sells wine in the united states and internationally. it primarily offers pinot noir, chardonnay, pinot gris, pinot blanc, methode champenoise brut, rose, and riesling branded wines under the willamette valley vineyards label; semi-sparkling muscat branded wine under the tualatin estate vineyards label; syrah, merlot, cabernet sauvignon, grenache, cabernet franc, tempranillo, malbec, the griffin, and viognier branded wines under the griffin creek label; and oregon blossom branded wine under the oregon cellars label. the company also provides pinot noir and chardonnay branded wine under the elton label; chrysologue, merlot, and cabernet sauvignon branded wine under the pambrun label; and frontiere syrah, graviã©re syrah, voyageur syrah, bourgeois grenache, and voltigeur viognier branded wine under the maison bleue label, as well as offers wines under the natoma and metis labels. it owns and leases approximately 914 acres of land. the company