Stock Titan Earnings
Distributor Bankruptcy Filing Contributes to Winery's $1.39M Q2 Loss
Willamette Valley Vineyards (NASDAQ: WVVI) reported a significant Q2 2026 loss of $1.39 million, or $0.40 per common share, primarily due to a substantial increase in allowance for credit losses linked to the bankruptcy filing of distributor Republic National Distributing Company. While net sales slightly decreased by 1.6% to $10.0 million, selling, general and administrative expenses surged by …