Tag Archive: Altria
Ste. Michelle Wine Estates Sales Rise, But Profits Slide In First Half
Washington-based Ste. Michelle Wine Estates saw net revenues increase 2.6% to $316 million in the six months through June, parent company Altria reported. Continue reading →
Posted in News on July 31, 2019Ste. Michelle’s Sales Bounce Back In First Quarter
After a decline in the final quarter of 2018 due to distributor destocking, Ste. Michelle Wine Estates posted a 6.3% net revenue increase to $151 million in the first three months of this year. Continue reading →
Posted in News on April 25, 2019News Briefs for January 31, 2019
•Ste. Michelle Wine Estates posted sales down 1% to $691 million for its fiscal year ended in December, parent group Altria has reported. Continue reading →
Posted in News on January 31, 2019Major Drinks Players Plot Their Strategies In The Cannabis Industry
With cannabis rapidly emerging as a blockbuster consumer category, top companies across the drinks landscape are diving in enthusiastically. Continue reading →
Posted in News on January 29, 2019News Briefs for December 10, 2018
•In case you missed it, Altria, the parent company of Ste. Michelle Wine Estates as well as Marlboro, on Friday announced a $1.8 billion investment in Canadian cannabis company Cronos Group. Continue reading →
Posted in News on December 10, 2018News Alert: Altria Makes $1.8 Billion Investment in Cannabis
Altria, the parent company of Ste. Michelle Wine Estates and Marlboro, has announced a $1.8 billion investment in Canadian cannabis company Cronos Group. Continue reading →
Posted in News on December 7, 2018
