$WVVIP

WILLAMETTE VALLEY VINEYARDS INC

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Distributor sales rise, wine club and online sales fall at Oregon winery

Willamette Valley Vineyards (NASDAQ:WVVI) reported a 9.5% increase in Q1 2026 sales revenue, reaching $8.26 million, largely driven by a significant rise in distributor sales. Despite a narrowing net loss and improved loss per common share, direct-to-consumer sales, including wine club and internet revenues, declined. The company attributes the positive sales growth to strategic changes by its new CEO aimed at strengthening national distribution.

Willamette Valley Vineyards Posts Results for Q1 2026

Willamette Valley Vineyards (WVVI) reported financial results for Q1 2026, showing a loss per common share of $0.24, an improvement over the $0.26 loss in Q1 2025. Sales revenue increased by 9.5% to $8.25 million, primarily driven by a rise in distributor sales, although direct-to-consumer sales decreased. The net loss for the quarter also decreased by 22.5% compared to the prior year.