Tag Archive: Ste. Michelle Wine Estates
Exclusive: Ste. Michelle Wine Estates Sold To Private Equity Firm Sycamore Partners For $1.2 Billion
One of the largest winemakers in the U.S. is set to change hands. Continue reading →
Posted in News on July 9, 2021News Briefs for June 28, 2021
•Michter’s 10-year rye, Rieger’s Monogram Whiskey, and newcomers from Jim Beam and Watershed are among the offerings featured in Whisky Advocate’s latest weekly roundup.
News Briefs for June 24, 2021
•Smirnoff is introducing a line of Pink Lemonade variants across its vodka, flavored malt beverage and hard seltzer ranges. Continue reading →
Posted in News on June 24, 2021Ste. Michelle Launches Wine-Based Spritzers, Lower-Calorie Wines
Woodinville, Washington-based Ste. Michelle Wine Estates has debuted two new labels. Continue reading →
Posted in News on March 11, 2021Ste. Michelle Closes Challenging Fiscal Year, As On-Premise Shutdown Takes A Toll
Ste. Michelle Wine Estates saw revenues decline 10.9% to $614 million in its fiscal year through December, with adjusted operating profit falling 30% to $51 million. Continue reading →
Posted in News on January 28, 2021News Briefs for October 30, 2020
•In third quarter results released this morning, Altria Group Inc. subsidiary Ste. Michelle Wine Estates posted a revenue decline of 6%, with wine shipment volumes falling 3.9% to around 1.9 million cases. Continue reading →
Posted in News on October 30, 2020