Monday, Aug. 04, 2008
Ste. Michelle profit grows 30 percent
From Wine Press Northwest news services
Ste. Michelle Wine Estates operating profit rose 30 percent to $14.8 million in the second quarter, according to a securities filing by its Connecticut-based parent company, UST.
Strong growth came across the wine segments products.
Ste. Michelle also launched a new advertising campaign for Columbia Crest and expanded its sales force.