Willamette Valley Vineyards has just published an online electronic Wine & Food Pairing Guide, just in time for holiday entertaining.
“Beginning in January, our Winery Chef Eric Nelson will unveil a pairings menu which will give you the opportunity to experience our wines with recipes specifically created for them,” said Willamette Valley Vineyards founder and President Jim Bernau.
“The Wine & Food Pairing Guide will give you a sneak peak at what Chef Eric has ‘cooking’ for our new tasting room and will be excellent to prepare and share with friends and family this holiday season.”
The guide is free and can be accessed at....(Google article title if interested.)
Google article title if interested.
Ok ducttape, why were Q2 results so good and Q3 results so bad? And Q3 certainly was not an improvement vs. last year or sequentially from Q2. So why do you say the numbers will 'continue' to improve?? And a stock repurchase plan doesn't mean the share count goes down every week? Is this your first stock? I can promise you the company is not buying shares at this inflated price!
Positive earnings, even if they are reduced, is extremely good in this industry. Wineries are a little like farms, where positive earnings means they are earning so much money they couldn't think of anything more to expense/write-off for tax reasons. That's why you see farmers always breaking even, yet they have millions of dollars worth of John Deere tractors sitting in the shed. They are using tax write-offs to reduce paper earnings. The hospitality center is an excellent example. I can only imagine how much of shareholders earnings went directly into that.
Pay no mind to Mr. Taco. They didn't open the tasting room until November so numbers from sales there will only partially hit in Q4. There has also been additional expense related to the construction which will go away now. Numbers should continue to improve. The stock repurchase plan also means that every week there are fewer outstanding shares, which in the long run, is very good for the shares that you hold.
Be careful. Q3 report was disappointing. Earnings of .05 vs. .06 last year. And even with the expansion project, revenues were down. Not sure what the heck happened? I'm shocked the stock is still in the $6's. I was buying in the $4's after a stellar Q2 when they reported .11/share on great revenue growth with a bullish outlook on the rest of the year. Q3 is seasonally a better quarter, yet earnings dropped sequentially from .11 to .06. Q4 seasonally strongest quarter, but not sure what to expect. After those lousy Q3 results, I'm guessing Q4 will be down vs. last year.
Check out the video with the article. It's short, and you only see some of the new areas, but gives a feel for the impressiveness of the additions that have been made to the winery.
Google article title if interested, "New tasting room at Willamette Valley Vineyard is impressive"
"Whenever we have guests in town, we nearly always take them to Willamette Valley Vineyards for a visit to taste their wines. It’s a great way to show off two of the jewels of our state, the wine industry, as well as our beautiful surroundings."
"The exterior of the tasting room building may look the same, but don’t let it fool you. You’ll be awed the minute you step through the double doors." YES YOU WILL. :-)
"Taking visiting friends and family to Willamette Valley Vineyards has always been a treat for our family, and it enhances the experience of our visitors. The new tasting room is sure to impress them even more and help make their visit a memorable one."
GLTA (Longs that is) :-)
Have loved their wine for years and just recently became a shareholder with a modest purchase of shares. Especially like the new 2012 Whole Cluster Pinot (rated 91 by Pinot Report!) - see reviews below... Hope to visit their new tasting room in the near future. The stock may be volatile and is thinly traded, but I hope to hold this for the long term. Good luck to all longs on the board...
Yes, received that too, and the food pairing document!!! Love the added dimension our chef, and all the new facility will be able to offer. They really have out done themselves! The new hospitality center and winery are gorgeous. WVVI will be a DESTINATION, that travelers don't want to miss. Also, should start to see more press as the articles are written about all the new additions
Just received an email from the winery saying I should stop by and check out the new space. This means they can sell more wine out of the room and there should be minimal additional expenses related to construction moving forward.
Not much to brag about to be the 32nd best regional wine according to the Seattle Times. I looked for WVVI wines in the Spectator top 100 magazine this month, but sadly they were not there.
"Each of these wines was tasted blind, meaning I didn’t know who the producer was or how much it cost until my evaluation was complete. This ensured my decisions were based on the wine rather than the winery’s reputation."
"Some of these wines will be more difficult to find than others, but all should be obtainable. Ask for them at your favorite wine merchant or contact the winery directly."
Congratulations, Jim and WVVI team!!!!
"PICKING MY top wines of the region is like a high-wire act: dangerously fun.
Sorting through the 5,000 or so wines I evaluated in 2013 is a bit daunting, and the most difficult part of this list is deciding what to omit, because the Northwest produces so much world-class wine."
"Willamette Valley Vineyards 2010 Hannah pinot noir, Willamette Valley, $45: Owner Jim Bernau named this northern Willamette Valley vineyard for his daughter, and the resulting wines are subtle, elegant and complex."
"Maison Louis Jadot is owned by the American Kopf family, which also owns the American import firm Kobrand. The Burgundy négociant produces approximately 100 to 130 separate Burgundy bottlings annually under the Louis Jadot label alone. In addition, the firm owns Domaine J.A. Ferret in Pouilly-Fuissé, Château des Jacques in Beaujolais' Morgon and Domaine du Duc de Magenta and Domaine Gagey in Burgundy. This is the company’s first venture outside of France."
Interesting math to ponder. :-)
"While the terms of the sale were not disclosed, Peter Bouman of Oregon Vineyard Property, who helped facilitate the sale, indicated that similar top Willamette hillside properties have sold recently for between $50,000 and $65,000 per acre."
Excerpt from the article.
“We were impressed by the quality of the wines we tasted from Resonance Vineyard,” Pierre-Henry Gagey, president of Maison Louis Jadot, told Wine Spectator. Its immediate neighbor is Gran Moraine, a 460-acre property recently purchased by Jackson Family Wines."