Modern Brewery Age, February 10th, 2003
The Redhook Ale Brewery of Woodinville, WA, announced that the Company sold 54,300 barrels in the 2002 fourth quarter and 225,900 barrels in fiscal year 2002. Redhook's shipments for 2002 increased 1.3% compared to 223,100 barrels sold in 2001. Fourth quarter 2002 shipments were down 2.2% compared to fourth quarter 2001 shipments of 55,500 barrels. Sales in the fourth quarter were $9,880,000, a 0.6% decline from sales of $9,944,000 in the comparable 2001 quarter. The Company reported a net loss of $3,000 in the fourth quarter of 2002, or breakeven earnings per share, compared to a net loss o...
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