Im thinking DGL is going to outperform estimates with FY earnings. I read a news article saying NZ was doing better than Australia in the UK for wines growth yoy and now another article saying NZ wine into the US is growing rapidly.
http://www.bloomberg.com/news/2011-0...ng-nation.html
he fastest-growing varietals were pinot noir, riesling and sauvignon blanc, which all rose more than 9 percent, according to Nielsen. In terms of imports, wines from Argentina and New Zealand had the biggest gains, at more than 24 percent.
The millennial generation -- consumers in their 20s and 30s -- are reaching for more traditional varietals and pricier bottles, he said.
“There’s no question that the millennial consumer is participating in the category at a much greater level than previous generations,” Stratton said. “The consumer is very much bringing wine into more occasions, and they are participating in the wine category in a more frequent basis.”
You have to think Oyster bay is getting some of that as a premier well known NZ wine.