Brief: Diamond Estates Wines & Spirits Posts Q2 Revenue Of $7.2 Mln

Diamond Estates Wines & Spirit

21/11/2019 12:42

Nov 21 (Reuters) - Diamond Estates Wines & Spirit Inc
 DWS.V :
    * DIAMOND ESTATES WINES & SPIRITS REPORTS Q2 2020 FINANCIAL
RESULTS
    * DIAMOND ESTATES WINES & SPIRIT INC QTRLY REVENUE $7.2
MILLION
VERSUS $8.2 MILLION
    * DIAMOND ESTATES WINES & SPIRIT INC QTRLY NET LOSS $0.5
MILLION
VERSUS $0.4 MILLION
    * DIAMOND ESTATES WINES & SPIRIT - FINANCIAL PERFORMANCE
CONTINUES
TO BE IMPACTED BY LOWER EXPORT SALES TO MAJOR CHINESE
DISTRIBUTOR
    * DIAMOND ESTATES WINES & SPIRIT - EXPECT SALES TO RECOVER
DURING
CURRENT FISCAL YEAR
    * DIAMOND ESTATES WINES & SPIRIT - QTRLY LOWER EXPORT SALES
PARTIALLY OFFSET BY STRONG GROWTH IN OTHER WINERY SALES CHANNELS

Source text for Eikon:  ID:nBw5wbNzda 
Further company coverage:  DWS.V 

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