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Home > Company Index > Food, Beverage & Tobacco > Beverages - Wineries > Ravenswood Winery, Inc.

Ravenswood Winery, Inc.
 NEWS FROM THE STANDARD
A (Big) Piece of Salon's Pie
Aug 23 2000 02:52 PM PDT

 PROFILE
When it comes to vino, Ravenswood Winery prefers reds. Its red varietals, including Merlot, Cabernet and Zinfandel, account for more than 90% of sales. (Zinfandel alone accounts for nearly 70%.) The winery, founded in 1976, also makes white wines, such as Chardonnay. Ravenswood buys most of its grapes from third parties. Its wines are sold in the US and abroad through retailers and restaurants; about 40% of sales are in California. Brands include value-priced Vintners Blend, mid-priced County Series, and higher-end Vineyard Designate. Ravenswood produces more than 400,000 cases per year. Co-founder Joel Peterson owns about 28% of the company, which was acquired by #2 wine producer Constellation Brands in July 2001.

 COMPETITION
Beringer Blass Wine Estates (dossier)
E. & J. Gallo Winery (dossier)
The Robert Mondavi Corporation (MOND)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 35.60
1-Yr. Sales Growth: 50.2%
Employees: 92
Revenue per employee: $386,956.52

 KEY PEOPLE
• Joel E. Peterson
    CEO
• Callie S. Konno
    CFO

 CONTACT INFO
18701 Gehricke Rd.
Sonoma, CA 95476
US
Phone: 707-938-1960
Fax: 707-938-9459
Online: Web Site

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