Willamette Valley Vineyards(US:WVVI) Prnewswireยท2025-11-13 23:15Core Insights - Willamette Valley Vineyards, Inc. reported a net loss of $1,092,450 for Q3 2025, a significant increase of 286.1% compared to a net loss of $282,945 in Q3 2024 [4] - The company's sales revenue decreased by 10.9% year-over-year, from $9,370,713 in Q3 2024 to $8,353,200 in Q3 2025, attributed to declines in both direct sales and distributor sales [1] - Gross profit also fell by 13.8%, from $5,808,114 in Q3 2024 to $5,003,972 in Q3 2025 [2] Financial Performance - Loss per common share after preferred dividends was $0.33 for Q3 2025, compared to $0.17 for Q3 2024, marking an increase of $0.16 [1][8] - Selling, general and administrative expenses rose by 4.6%, from $5,944,620 in Q3 2024 to $6,217,499 in Q3 2025, driven by higher selling and marketing expenses and increased general and administrative costs [3] - The total operating expenses for Q3 2025 were $6,217,499, compared to $5,944,620 in Q3 2024 [7] Management Commentary - Jim Bernau, Founder and President, emphasized the need for innovative solutions in response to changing market conditions, highlighting the leadership of new CEO Mike Osborn [5]