Truett-Hurst, Inc. Reports Unaudited Consolidated Earnings Results for First Quarter Ended September 30, 2018
November 19, 2018 at 05:21 pm EST
Share
Truett-Hurst, Inc. reported unaudited consolidated earnings results for first quarter ended September 30, 2018. For the quarter, the company’s net sales were USD 1,597,000 against USD 1,409,000 a year ago. Loss from operations was USD 747,000 against USD 712,000 a year ago. Loss before income tax was USD 361,000 against USD 828,000 a year ago. Loss from continuing operations was USD 361,000 or USD 0.08 per basic and diluted share against USD 828,000 or USD 0.19 per basic and diluted share a year ago. Net income attributable to the company was USD 976,000 or USD 0.22 per basic and diluted share against loss of USD 176,000 or USD 0.04 per basic and diluted share a year ago.
Truett-Hurst, Inc. is a holding company for H.D.D. LLC (the LLC). The Company is a producer of luxury wines and operates two wine tasting rooms and leases a winery where wine is produced from many varieties of grapes principally grown or purchased in Sonoma Countyâs Dry Creek Valley and Russian River Valley appellations. The Company has a space for wine production within a custom crush facility located in Santa Rosa, California. The Company operates its direct to consumer (the DTC) business in Healdsburg, California. The DTC channel consists of sales of products produced by the Company through its own tasting rooms, wine clubs and websites. Its wine portfolio offers a range of single vineyards and blends.
TRUETT-HURST, INC. 
