Truett-Hurst reports sales decrease

The Healdsburg wine company said its supermarket sales were down, though its direct-to-consumer business posted gains.|
BILL SWINDELL
THE PRESS DEMOCRAT

Truett-Hurst Inc. of Healdsburg on Thursday reported that its net sales for the past nine months have decreased by 14.2 percent compared to the same period a year ago.

The wine company announced that it had $12.4 million in retail sales to supermarkets through the nine-month period ending on March 31, which was an almost 20 percent decrease from the same period a year ago.

Its direct-to-consumer business fared better with $4.6 million in sales for the same period, a 5.9 percent increase.

Truett-Hurst’s operating expenses were $6 million for the past nine months, $200,000 less for the same period a year ago. The company’s stock closed at $2.17 per share on Thursday, a 6 percent decrease from opening.

Bill Swindell

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