Willamette Valley Vineyards (NASDAQ: WVVI & WVVIP), a leading Oregon producer of Pinot Noir, will provide details on the impact of the pandemic and government required tasting room and restaurant shutdowns and subsequent social distancing requirements on its operations at its Annual Shareholder Meeting, Friday, July 17th at 1 pm Pacific Time. All interested persons may view and hear this meeting online by visiting www.virtualshareholdermeeting.com/WVVI2020. Guests may login at the time of the meeting, during the meeting or as early as 15 minutes prior to the start time by entering their name and email address under "Guest Login."
Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated earnings applicable to common shareholders of $530,630, or $0.11 cents per share, for the first quarter of 2020, up from $170,024 or $0.03 cents per share, for the first quarter in the prior year, representing a $360,606, or 212.1%, increase in income applicable to common shareholders in the first three months of 2020 when compared to the first three months of 2019. This increase was the result of increased net income.