WVVI

Shares of Willamette Valley Vineyards, Inc. WVVI have lost 1.7% since the company reported its earnings for the quarter ended June 30, 2026, against a 0.2% gain for the S&P 500 Index over the same period. Over the past month, WVVI shares have lost 16.9%, while the S&P 500 has advanced 3.5%. Willamette Valley Vineyards reported a second-quarter 2026 loss per common share after preferred dividends of $0.40, wider than the year-ago loss of $0.09. Net sales decreased 1.6% year over year to $10 million from $10.2 million. Net loss was $1.4 million against net income of $92,795 in the prior-year quarter. Direct Sales revenues fell 4.8% to $5.2 million from $5.5 million, reflecting lower outpost sales, while Distributor Sales revenues increased 2.2% to $4.8 million from $4.7 million. Direct Sales accounted for 52.2% of total sales compared with 53.9% a year earlier, while Distributor Sales represented 47.8%, up from 46.1%. Gross profit declined 7.1% to $5.8 million from $6.2 million, while gross margin contracted to 57.5% from 61%. Direct Sales gross profit decreased 8.6% to $3.7 million from $4 million, and its contribution margin fell to $341,764 from $791,055. Distributor Sales gross profit declined 4.4% to $2.1 million from $2.2 million, with contribution margin decreasing to $1.2 million from $1.5 million. For the first six months of 2026, produced-wine case sales increased 8.9% to 87,655 cases, driven by higher distributor volumes. As of June 30, 2026, wine inventory included 165,930 cases of bottled wine and 523,103 gallons of bulk wine. Liquidity showed some improvement during the first half. Cash totaled $0.6 million as of June 30, 2026, compared with $0.4 million as of Dec. 31, 2025, while operating activities generated $2.7 million of cash during the six-month period. The outstanding line-of-credit balance declined to $634,842 as of June 30, 2026, from $3.1 million at year-end 2025. WVVI had working capital of $23.7 million and a current working capital ratio of 2.92:1 at quarter-end. Willamette Valley Vineyards, Inc. price-consensus-eps-surprise-chart | Willamette Valley Vineyards, Inc. Quote Founder and president Jim Bernau attributed the quarter's weaker results primarily to the bankruptcy filing of Willamette Valley Vineyards’ largest distributor, Republic National Distributing Company (RNDC) and the sizable receivable owed by the distributor. Management said that it is taking steps to limit the cash-flow impact and is training new distributors to support its brands. Bernau also noted that lower aggregate customer visits at retail locations during the quarter were nearly offset by higher spending per customer. Cost of sales increased 7.1% to $4.3 million, primarily because of higher-cost products sold during the quarter, contributing to the gross-margin contraction. Total operating expenses surged 22.5% to $7.1 million from $5.8 million. The increase largely reflected a roughly $1.1 million credit-loss reserve tied to RNDC's Chapter 11 bankruptcy filing, along with a slight increase in selling labor and benefits. Interest expense edged down 0.8% to $267,994, primarily because of lower credit-line balances. Willamette Valley Vineyards did not provide specific revenue or earnings guidance. Management said that near-term financial results are expected to be affected by accrued preferred-stock dividends, strategic planning and development expenses and other costs associated with its growth initiatives. Regarding RNDC, WVVI said that it is transitioning distributor relationships in affected markets and, based on current plans and contracted partners, does not anticipate a long-term disruption to product distribution. Management also believes cash flow from operations, existing credit facilities and preferred-stock sales will be sufficient to meet its long-term needs. On June 26, Willamette Valley Vineyards filed a prospectus supplement covering the potential sale of up to 555,555 shares of Series A Redeemable Preferred Stock, with aggregate proceeds of up to $1.8 million. However, WVVI had received no net proceeds from the offering as of June 30, 2026. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Willamette Valley Vineyards, Inc. (WVVI): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SALEM, Ore., Aug. 12, 2026 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.40 and $0.09 for the three months ended June 30, 2026 and 2025 respectively, an increase of $0.31, for the three month period ended June 30, 2026 over the same three month period in the prior year. Sales revenue for the three months ended June 30, 2026 and 2025 were $10,036,275 and $10,195,763, respectively, a decrease of $159,488, or 1.6%, in the current year period over the prior year period. This decrease was caused by a decrease in direct sales of $262,493, partly offset by an increase in sales through distributors of $103,005 in the current year three-month period over the prior year period. The decrease in revenue from direct sales was primarily related to lower outpost sales. Gross profit for the three months ended June 30, 2026 and 2025 was $5,773,725 and $6,216,618, respectively, a decrease of $442,893, or 7.1%, in the second quarter of 2026 over the same quarter in the prior year. Selling, general and administrative expenses for the three months ended June 30, 2026 and 2025 was $7,127,694 and $5,818,454 respectively, an increase of $1,309,240, or 22.5%, in the current quarter over the same quarter in the prior year. This increase was primarily the result of an increase in the allowance for credit losses associated with the bankruptcy filing of Republic National Distributing Company, a distributor of the Company. Net income (loss) for the three months ended June 30, 2026 and 2025 was ($1,389,876) and $92,795, respectively, a decrease of $1,482,671, in the second quarter of 2026 over the same quarter in the prior year. Jim Bernau, Founder and President of the Company "I believe this second quarter reflects the negative impact of our largest distributor's bankruptcy filing and the sizable amount our winery is owed by them. We are taking steps to reduce the adverse impact on our cash flow as well as training new distributors to be successful with our brands. We are pleased that the reduction in the aggregate number of customer visitations at our retail locations during the second quarter was nearly offset by increased spending on a per customer basis during this period." For a complete discussion of the Company's financial condition and operating results for the second quarter 2026, see our Form 10-Q for the three months ended June 30, 2026, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our tasting rooms and restaurants exceeding or not meeting our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the three and six months ended June, 30, 2026 compared to the three and six months ended June 30, 2025: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-q2-2026-302850296.html

Constellation Brands says it has a new playbook for its sluggish beer giants, but on its latest earnings call, analysts pressed for the details and tested management's real confidence in a shaky consumer. With its stock down -21% over the last year and trading near lows, the pressure was on for Constellation Brands (STZ) on its latest earnings call. The central question analysts kept circling was whether the new CEO has a real plan to restart the company’s biggest and most important beer brands or just a new set of buzzwords. The answers revealed a company confident in its strategy but deeply cautious about the economy its customers are living in. What's The Playbook For A Stalled Corona? The most pointed challenge of the day zeroed in on the awkward truth: the company’s growth engines, Modelo Especial and Corona Extra, are sputtering. As one analyst framed it, both brands have been a “bit of a challenge,” and there are real “question marks” around getting them back to growth. This cuts to the core of the investment case; if these brands are stuck, growth in smaller names like Pacifico isn’t enough. The new CEO’s response was a tale of two strategies. For Modelo Especial, the job is to finish scaling the brand by closing remaining gaps in distribution and awareness. For Corona Extra, a fully mature brand, the playbook is different. It’s no longer about getting the name out there, but about driving “saliency, relevance, connecting with consumers in the moment.” Management insisted the brand’s health remains "remarkable" but conceded they need to “dial up the everyday activation switch.” The answer described the destination, not the roadmap, leaving the specific tactics for this new playbook an open question. If The Consumer Is Back, Why Isn't The Guidance Up? The second major test was of management’s confidence. The company reported a solid quarter and noted a “modest reacceleration” in consumer activity as gas prices eased. So why not raise the full-year guidance? This was a direct probe into whether management truly believes the turnaround is durable. The answer was blunt: the environment has “low visibility.” The quarter was a rollercoaster, starting strong in March before a “large spike in gas prices” caused consumers to pull back. The CFO was clear that after a good quarter, the company did not want to change its outlook given the uncertainty around macroeconomic pressures. It was a direct, numbers-backed response that signals management sees the consumer as fragile and the recent improvement as tentative at best. The Tell Is The Marketing Check In the end, management’s message was split. They have a high-level strategy to fix their core brands but are openly cautious about the consumer’s ability to spend. The “new playbook” for Corona remains more of a concept than a detailed plan. The real test will be the budget. The CFO flagged that marketing spend will spike to “over 10%” of net sales in the next 2 quarters to support events like the World Cup and the NFL. The thing to watch next quarter is whether that spending actually moves the needle for Corona and Modelo. That number will tell you if the new playbook is working. One step out from the single name: a consumer staples ETF like XLP spreads these company-specific questions across the whole consumer staples group, so no one answer can sink you. It is still a concentrated bet on that one theme, though, which is exactly the gap the portfolio below closes. Where One Stock's Open Questions Fit A Bigger Plan Every stock carries unresolved questions like these, and no earnings call settles all of them. Owning a sector fund spreads that risk across more names, but it is still one bet on one theme: when the theme wobbles, the whole basket wobbles with it. The Trefis High Quality (HQ) Portfolio takes the next step. It holds about 30 businesses diversified ACROSS sectors, selected not on a theme but on quality itself: consistent cash generation, strong margins, and resilient balance sheets. No single unresolved debate, and no single industry, carries your result. It has a track record of outpacing a benchmark that combines the three major indices - the S&P 500, S&P Mid-cap, and Russell 2000. Track the debates on names you like, on top of a core built on quality rather than any one story.

SALEM, Ore., May 13, 2026 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.24 and $0.26 for the three months ended March 31, 2026 and 2025 respectively, a decrease of $0.02, for the three month period ended March 31, 2026 over the same three month period in the prior year. Sales revenue for the three months ended March 31, 2026 and 2025 was $8,256,153 and $7,541,583, respectively, an increase of $714,570, or 9.5%, in the current year period over the prior year period. This increase was caused by an increase in revenues from distributor sales of $797,678, being partly offset by a decrease in direct sales to consumers of $83,108 in the current year's three-month period over the same period in the prior year. The increase in revenue from distributors was primarily attributed to higher case sales in the current year three-month period over the same period in the prior year. The decrease in direct sales to consumers was primarily the result of lower wine club and internet revenues. Gross profit for the three months ended March 31, 2026 and 2025 was $5,029,064 and $4,759,108, respectively, an increase of $269,956, or 5.7%, in the first quarter of 2026 over the same quarter in the prior year. This increase was primarily the result of an increase in sales through distributors. Selling, general and administrative expenses for the three months ended March 31, 2026 and 2025 was $5,706,858 and $5,629,086, respectively, an increase of $77,772, or 1.4%, in the current quarter over the same quarter in the prior year. This increase was primarily the result of an increase in selling expenses of $116,135, or 2.9% being partly offset by a decrease in general and administrative expenses of $38,363, or 2.3% in the current quarter compared to the same quarter last year. Net loss for the three months ended March 31, 2026 and 2025 was $565,073 and $728,981, respectively, a decrease of $163,908 or 22.5%, in the first quarter of 2026 over the same quarter in the prior year. The decrease in net loss for the first quarter of 2026, compared to the comparable period in 2025, was primarily the result of higher case sales to distributors in 2026. Jim Bernau, Founder and President of the Company "I believe this first quarter reflects the Company's aggressive response to the challenges in national distribution. Our new CEO Mike Osborn has beefed up the professional staff of our national sales team and promoted Brittany Galego of HR to lead operations, giving him more focused time with wholesalers." For a complete discussion of the Company's financial condition and operating results for the first quarter 2026, see our Form 10-Q for the three months ended March 31, 2026, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the three months ended March, 31, 2026 compared to the three months ended March 31, 2025: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-q1-2026-302771597.html

SALEM, Ore., March 24, 2026 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.64 and $0.48 for the years ended December 31, 2025 and 2024, respectively, an increase of $0.16, or 33.3%, for the year ended December 31, 2025 over the prior year period. The reason for this increase was a higher net loss in 2025 compared to 2024. The Company had net sales revenues of $37,197,122 and $39,782,442 for the years December 31, 2025 and 2024, respectively, a decrease of $2,585,320, or 6.5%, for the year ended December 31, 2025 over the prior year period primarily as a result of a decrease in revenue from direct sales, net of excise taxes, of $1,013,762, or 4.8% in 2025 compared to 2024, and a decrease in revenue from sales to distributors of $1,571,558 or 8.5% in 2025 compared to 2024. Gross profit was $22,492,520 and $24,195,456 for the years ended December 31, 2025 and 2024, respectively, a decrease of $1,702,936 or 7.0%, for the year ended December 31, 2025 over the prior year period. This decrease was primarily the result of lower sales revenues in 2025 compared to the prior year. Selling, general and administrative expenses were $23,928,692 and $23,623,598 for the years ended December 31, 2025 and 2024, respectively, an increase of $305,094, or 1.3%, for the year ended December 31, 2025 over the prior year period. This increase was primarily as a result of higher selling costs in 2025. Income(loss) from operations was $(1,436,172) and $571,878 for the years ended December 31, 2025 and 2024, respectively, a decrease of $2,008,030, for the year ended December 31, 2025 compared to the prior year period. This decrease was primarily the result of lower sales and higher selling expenses in 2025. Jim Bernau, Founder and President of the Company said ""The challenges our wholesalers are facing are negatively impacting our shipments to them. We are making some distributor changes requiring inventory transfers and training new distributor sales teams. We are also seeing a decline in consumer visitations at our retail locations and are focusing on improving customer experiences which are intended to help us derive the highest retail performance possible." For a complete discussion of the Company's financial condition and operating results, see our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our four new tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the year ended December 31, 2025 compared to the year ended December 31, 2024: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-2025-302724016.html

SALEM, Ore., Nov. 13, 2025 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.33 and $0.17 for the three months ended September 30, 2025 and 2024 respectively, an increase of $0.16, for the three month period ended September 30, 2025 over the same three month period in the prior year. Sales revenue for the three months ended September 30, 2025 and 2024 were $8,353,200 and $9,370,713, respectively, a decrease of $1,017,513, or 10.9%, in the current year period over the prior year period. This decrease was caused by a decrease in direct sales of $384,420, and a decrease in sales through distributors of $633,093 in the current year three-month period over the prior year period. Gross profit for the three months ended September 30, 2025 and 2024 was $5,003,972 and $5,808,114, respectively, a decrease of $804,142, or 13.8%, in the third quarter of 2025 over the same quarter in the prior year. Selling, general and administrative expenses for the three months ended September 30, 2025 and 2024 was $6,217,499 and $5,944,620 respectively, an increase of $272,879, or 4.6%, in the current quarter over the same quarter in the prior year. The increase was primarily the result of an increase in selling and marketing expenses of $117,582, or 2.7% and an increase in general and administrative expenses of $155,297, or 9.6% in the current quarter compared to the same quarter last year. Net loss for the three months ended September 30, 2025 and 2024 was $1,092,450 and $282,945, respectively, an increase of $809,505, or 286.1%, in the third quarter of 2025 over the same quarter in the prior year. Jim Bernau, Founder and President of the Company said, "We believe the third quarter of 2025 continues to reflect the need for creative solutions as the wine market in both direct sales and distributor sales change. Our management team and extraordinary employees continue to innovate with new products and experiences, led by our new CEO Mike Osborn - one of America's most accomplished wine entrepreneurs." For a complete discussion of the Company's financial condition and operating results for the third quarter 2025, see our Form 10-Q for the three months ended September 30, 2025, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the three months and nine months ended September 30, 2025 compared to the three and nine months ended September 30, 2024: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-q3-2025-302615118.html

SALEM, Ore., Aug. 12, 2025 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.09 and $0.07 for the three months ended June 30, 2025 and 2024 respectively, an increase of $0.02, for the three month period ended June 30, 2025 over the same three month period in the prior year. Sales revenue for the three months ended June 30, 2025 and 2024 were $10,195,763 and $10,332,358, respectively, a decrease of $136,595, or 1.3%, in the current year period over the prior year period. This decrease was caused by a decrease in direct sales of $223,199, partly offset by an increase in sales through distributors of $86,604 in the current year three-month period over the prior year period. Gross profit for the three months ended June 30, 2025 and 2024 was $6,216,618 and $6,471,690, respectively, a decrease of $255,072, or 3.9%, in the second quarter of 2025 over the same quarter in the prior year. Selling, general and administrative expenses for the three months ended June 30, 2025 and 2024 was $5,818,454 and $5,934,784 respectively, a decrease of $116,330, or 2.0%, in the current quarter over the same quarter in the prior year. This decrease was primarily the result of a decrease in selling and marketing expenses of $144,536, or 3.3% being partially offset by an increase in general and administrative expenses of $28,206, or 1.8% in the current quarter compared to the same quarter last year. Net income for the three months ended June 30, 2025 and 2024 was $92,795 and $195,978, respectively, a decrease of $103,183, or 52.7%, in the second quarter of 2025 over the same quarter in the prior year. Jim Bernau, Founder and President of the Company said "The first half of 2025 continues to reflect the current challenges in national distribution through our wholesalers. Our management team, led by our new CEO Mike Osborn, is focused on improving wholesale distribution and sales. We believe our brand's reputation in the market continues to remain strong with high wine reviews and achieving, for the second year in a row, the highest rated Tasting Room by readers of USA Today as an example." For a complete discussion of the Company's financial condition and operating results for the second quarter 2025, see our Form 10-Q for the three months ended June 30, 2025, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the three months and six months ended June, 30, 2025 compared to the three and six months ended June 30, 2024: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-q2-2025-302528246.html SOURCE Willamette Valley Vineyards

SALEM, Ore., May 13, 2025 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.26 and $0.22 for the three months ended March 31, 2025 and 2024 respectively, an increase of $0.04, for the three month period ended March 31, 2025 over the same three month period in the prior year. Sales revenue for the three months ended March 31, 2025 and 2024 was $7,541,583 and $8,803,080, respectively, a decrease of $1,261,497, or 14.3%, in the current year period over the prior year period. This decrease was caused by a decrease in revenues from distributor sales of $1,285,815, partly offset by an increase in direct sales to consumers of $24,318 in the current year's three-month period over the same period in the prior year. Gross profit for the three months ended March 31, 2025 and 2024 was $4,759,108 and $5,272,722, respectively, a decrease of $513,614, or 9.7%, in the first quarter of 2025 over the same quarter in the prior year. This decrease was primarily the result of a decrease in sales through distributors. Selling, general and administrative expenses for the three months ended March 31, 2025 and 2024 was $5,629,086 and $5,875,299, respectively, a decrease of $246,213, or 4.2%, in the current quarter over the same quarter in the prior year. This decrease was primarily the result of a decrease in selling expenses of $60,072, or 1.5% and a decrease in general and administrative expenses of $186,141, or 10.1% in the current quarter compared to the same quarter last year. General and administrative expenses decreased in the first quarter of 2025 compared to the same quarter of 2024 primarily as a result of lower legal costs. Net loss for the three months ended March 31, 2025 and 2024 was $728,981 and $521,805, respectively, an increase of $207,176, or 39.7%, in the first quarter of 2025 over the same quarter in the prior year. The increase in net loss for the first quarter of 2025, compared to the comparable period in 2024, was primarily the result of lower case sales to distributors in 2025. Jim Bernau, Founder and President of the Company said "This first quarter reflects the current challenges in national distribution through our wholesalers. In order to help address these challenges, we have hired Mike Osborn as our new Chief Executive Officer. Mike, who was the founder of Wine.com, will bring to the Company extensive experience in the wine industry." For a complete discussion of the Company's financial condition and operating results for the first quarter 2025, see our Form 10-Q for the three months ended March 31, 2025, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the three months ended March, 31, 2025 compared to the three months ended March 31, 2024: View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-q1-2025-302454583.html SOURCE Willamette Valley Vineyards

SALEM, Ore., March 25, 2025 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ: WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.48 and $0.65 for the years ended December 31, 2024 and 2023, respectively, a decrease of $0.17, or 26.0%, for the year ended December 31, 2024 over the prior year period. The primary reason for this decrease was a lower net loss partially offset by higher preferred stock dividends in 2024 compared to 2023. The Company had net sales revenues of $39,782,442 and $39,136,114 for the years December 31, 2024 and 2023, respectively, an increase of $646,328, or 1.7%, for the year ended December 31, 2024 over the prior year period primarily as a result of an increase in revenue from direct sales, net of excise taxes, of $736,057, or 3.6% in 2024 compared to 2023, being partially offset by a decrease in revenue from sales to distributors of $89,729 or 0.5% in 2024 compared to 2023. Gross profit was $24,195,456 and $22,557,128 for the years ended December 31, 2024 and 2023, respectively, an increase of $1,638,328 or 7.3%, for the year ended December 31, 2024 over the prior year period. This increase was primarily the result of higher prices being charged for products and a higher percentage of total sales coming from direct sales in 2024 compared to the prior year. Selling, general and administrative expenses were $23,623,598 and $23,764,330 for the years ended December 31, 2024 and 2023, respectively, a decrease of $140,732, or 0.6%, for the year ended December 31, 2024 over the prior year period. This decrease was primarily as a result of lower labor selling costs in 2024. Income(loss) from operations was $571,858 and $(1,207,202) for the years ended December 31, 2024 and 2023, respectively, an increase of $1,779,060, or 147.4%, for the year ended December 31, 2024 compared to the prior year period. This increase was primarily the result of a higher gross profit and lower labor operating expenses in 2024. Jim Bernau, Founder and CEO of the Company said "Given current declining sales trends in our industry, the Company believes it will benefit from the increase in the number of retail locations recently established as their operations mature. The wine market, both in sales directly to consumers and through wholesalers to their restaurant and retail accounts, is changing and I believe that our unique wine enthusiast ownership strategy gives us the opportunity to produce long term shareholder value." For a complete discussion of the Company's financial condition and operating results, see our Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the United States Securities and Exchange Commission on EDGAR. Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the "Securities Act", and Section 21E of the Securities Exchange Act of 1934, as amended, referred to as the "Exchange Act". These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates", "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the revenues or costs for any of our four new tasting rooms and restaurants exceeding our expectations. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in our Annual Report on Form 10-K. The following is the Company's Statement of Operations for the year ended December 31, 2024 compared to the year ended December 31, 2023: View original content:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-posts-results-for-2024-302411380.html SOURCE Willamette Valley Vineyards