Originally published January 24, 2008 at 12:00 AM | Page modified January 24, 2008 at 4:32 PM
E-mail article
Print viewSte. Michelle Wine's profits leap
Last year was a good year for Ste. Michelle Wine Estates in Woodinville, whose operating profit rose 36 percent to $59.9 million on net sales...
Seattle Times business reporter
Last year was a good year for Ste. Michelle Wine Estates in Woodinville, whose operating profit rose 36 percent to $59.9 million on net sales of $354 million.
For the fourth quarter, operating profit grew 49 percent to $24.8 million, according to a regulatory filing by its Connecticut-based parent company, UST.
Ste. Michelle said the growth came from its major brands, particularly Chateau Ste. Michelle, Antinori, Erath and the recently acquired Stag's Leap Wine Cellars.
"With top-rated wineries and powerful brands, Ste. Michelle Wine Estates remains the fastest growing top-10 wine company in the United States," Ste. Michelle President Ted Baseler said in the filing.
Melissa Allison: 206-464-3312 or mallison@seattletimes.com
Copyright © 2008 The Seattle Times Company
E-mail article
Print view
Digg
Newsvine
The local, public face of Chase, Phyllis Campbell is trading on trust
10 investing missteps to avoid
Sunday Buzz: Boeing fighter to run on biofuel; Mastro bankruptcy trustee keeps job
On the Economy: Washington state has to play the add-value card, not low-cost-leader ace
Mourners gather at KeyArena for slain officer's memorial
Mourners gathered at KeyArena for the memorial service of Seattle police Officer Timothy Brenton on November 6, 2009.
Procession for slain SPD officer
Election Night: Approve R-71
Election Night: Reject R-71
Election Night: Joe Mallahan
Election Night: Mike McGinn
Election Night: Susan Hutchison
Election Night: Dow Constatine
Candlelight vigil for Officer Brenton
Flying Elephant on Aurora
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- Flags were key link to cop slaying, bombings
- Suspect shot as city mourns slain officer
- Bombs, guns found at home of suspect in Officer Brenton's slaying
- Briefs | Soccer: New Mexico suspends hair-pulling player Elizabeth Lambert
- How an underdog named Mike McGinn took City Hall
- Huskies suffer another heartbreaking loss to UCLA
- 3 Cascade Mountain passes close due to snow; more rain, wind expected Sunday
- McGinn pulling away as late ballots come in
- Using anti-shooter tactics, civilian Army police officer brought down gunman
- The birth of 'Grunge,' in photos by Michael Lavine
- U.S. House passes health plan
349 - Weapons, bomb-making materials found in suspect's apartment 336
- Bombs, guns found at home of suspect in Officer Brenton's slaying 242
- Decision day for health care in the House 210
- Grading the game 158
- Referendum 71 show's Washington's strategy for marriage equality is working 154
- Huskies suffer another heartbreaking loss to UCLA 108
- How an underdog named Mike McGinn took City Hall 78
- Sounders FC-Dynamo playoff Game 2 thread 78
- Game thread: Detroit Lions at Seattle Seahawks, Nov. 8 74
- Suspect shot as city mourns slain officer
- Flags were key link to cop slaying, bombings
- The birth of 'Grunge,' in photos by Michael Lavine
- 10 investing missteps to avoid
- How do innovators think?
- 10 ways to take control of your health
- Bombs, guns found at home of suspect in Officer Brenton's slaying
- Danny Westneat | Lee the Horse Logger found slow wagon shrank tumor
- Tlingit heritage helps glass artist Preston Singletary break new ground
- How an underdog named Mike McGinn took City Hall
