Willamette Valley Vineyards Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported profit of $248,021 or $0.05 cents per diluted share on total net revenues of $4,360,206 compared to profit of $243,629 and 0.05 cents per diluted share on total net revenues of $4,056,522 for the same period of last year. Net operating income was $459,860 compared to $461,705 for the same period of last year. Net income before income taxes was $418,620 compared to $426,799 for the same period of last year. For the nine months, the company reported profit of $666,961 or 0.14 cents per diluted share on total net revenues of $12,052,828 compared to profit of $461,254 and 0.09 cents per diluted share on total net revenues of $11,344,179 for the same period of last year. Net operating income was $1,233,143 compared to $847,209 for the same period of last year. Net income before income taxes was $1,124,948 compared to $789,509 for the same period of last year.

Willamette Valley Vineyards Inc. is launching an offshoot of the winery, the Willamette Valley Vineyards Wine Center, located in historic downtown McMinnville. The Willamette Valley Vineyards Wine Center, which opens to the public the weekend prior to Thanksgiving on Nov. 21 and 22, intends to serve as an informational hub for the Willamette Valley wine community. The wine center will feature concierge staff members who will be available to help visitors plan and maximize their visit with tour route suggestions, local tour and tasting reservations, and offer dining and lodging recommendations. The center hopes to bring tourism to the city of McMinnville as well as to the surrounding region. In addition to help planning the trip, the wine center will also provide an educational experience for the consumer. Daily complimentary, reserve and comparative wine tasting will be served as guests are encouraged to explore the center's displays, including offering AVA (American Viticultural Area) maps, soil samples, information on sustainable growing practices, and rolling images of the valley projected on a nine-foot by five-foot screen.

Willamette Valley Vineyards Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2009. The company reported a net income of $253,784 or $0.05 per basic and diluted share on total net revenues of $4,052,383 against net income of $157,527 or $0.03 per basic and diluted share on total net revenues of $3,884,983 reported for the same period last year. Net operating income for the period was at $457,924, up from $265,176 reported for second quarter of 2008. Net income before income taxes was at $423,630, up from $262,544 reported for the second quarter of 2008. For the six months ended June 30, 2009, the company reported a net income of $418,940 or $0.09 per basic and diluted share on total net revenues of $7,692,621 against net income of $217,625 or $0.04 per basic and diluted share on total net revenues of $7,287,656 reported for the same period last year. Net operating income for the period was at $773,284, up from $385,507 reported for the same period of 2008. Net income before income taxes was at $706,328, up from $362,710 reported for the same period of 2008. The company said higher sales nationally, better inventory control and lower independent auditor costs are the primary reasons for the improvement.