In today’s third quarter financial results, UST said net sales for Ste. Michelle Wine Estates increased 18.3% to $82.3 million as total premium case volume increased 12.6% to 1.2 million. Strong growth was driven by core brands, especially Chateau Ste. Michelle, as well as by last year's acquisition of Erath and the recent acquisition of Stag's Leap Wine Cellars, which closed on September 11, 2007. The net sales growth, combined with improved product mix, led to a 34.1% increase in
You need a subscription to access this article.Login now or subscribe to get daily industry insights!
Log In
Forgot Password
Don’t have an account yet?
SUBSCRIBE