| Business Summary | | Golden
State
Vintners,
Inc.
is
one
of
the
largest
suppliers
of
premium
bulk
wines,
wine
processing
and
storage
services,
wine
grapes
and
case
goods
in
the
United
States.
The
Company
provides
a
broad
range
of
high
quality
winemaking
and
processing
services,
barrel
fermentation
and
bottling
and
storage
services
to
many
of
the
largest
branded
wineries
in
California
and
to
a
number
of
international
wineries
including
Sutter
Home
Winery,
Canandaigua
Wine
Company,
Vincor
International,
Inc.
and
other
wineries.
The
Company
also
delivers
contract
wine
processing,
barrel
fermentation
and
storage
services
under
contracts
with,
among
others,
Robert
Mondavi
Winery,
The
Wine
Group,
and
Beringer
Wine
Estates.
The
Company
provides
custom
winemaking
and
bottling
services
for
a
number
of
clients,
such
as
JC
Boisset
USA,
and
Wente
Vineyards.
The
Company
supplies
brandy
primarily
to
a
single
customer
pursuant
to
a
long-term
agreement
and
is
one
of
the
largest
brandy
producers
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | VINT
provides
a
broad
range
of
high
quality
winemaking
and
processing
services,
barrel
fermentation
and
bottling
and
storage
services
to
both
domestic
and
int'l
wineries.
For
the
nine
months
ended
3/31/01,
total
revenues
decreased
less
than
1%
to
$84.7
million.
Net
income
increased
42%
to
$5.4
million.
Revenues
reflect
a
planned
decrease
in
wine
grape
sales.
Earnings
benefitted
from
decreased
costs
of
sales
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
13,258;
after
tax
earnings
were
-1,000. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey O'Neill, 44 CEO,
Director | $400K | Mark Larson, 52 Pres,
COO | 289K | John Kelleher, 43 CFO,
VP | -- | Jon Powell, 44 VP-Operations | -- | Jay Essa, 58 VP
of Sales and Marketing | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|