date:Aug 25, 2014
, resulting in loss per share of $0.003 in Q1 2015 versus $0.023 for Q1 2014.
The sales decline in the quarter was primarily due to fewer export shipments of Niagara wine. Q1 2015 export sales were down 49.5% from the prior year largely due to the disproportionate amount of the 2014 export revenue occurring in Q1 2014. Shipments for 2015 are forecast to be spread more evenly throughout the year. The export decline masked strong growth in retail sales from the winery (up 21.6%), licensee sales (