Crimson Wine Group Ltd. (CWGL)
|Net Income (ttm)||-5.81M|
|Trading Day||June 24|
|Day's Range||9.24 - 9.25|
|52-Week Range||4.70 - 9.99|
NAPA, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- Crimson Wine Group, Ltd. (OTCQB: CWGL) today announced that Annette Alvarez-Peters has been appointed to the company's board of directors, succeeding Craig...
Crimson Wine owns iconic Napa Valley winery land, but has been unable to produce significant operating profits from its estates.
Crimson Wine Group, Ltd., through its subsidiaries, engages in the production and sale of wines. It operates through two segments, Wholesale and Direct to Consumer. The company sells wines through independent wine and spirit distributors in the United States; and independent importers and brokers internationally. It sells its products under Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines brands. The company exports its products to 30 countries. The company ... [Read more...]
Beverages-Wineries & Distilleries
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In 2020, CWGL's revenue was $64.11 million, a decrease of -4.51% compared to the previous year's $67.14 million. Losses were -$6.41 million, 13.1% more than in 2019.