- CEO
- Scott D. Scheid
- Full Time Employees
- 100
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- Address
- 305 Hilltown Road Salinas CA United States of America 93908
- IPO Date
- Jul 25, 1997
- Business
- Scheid Vineyards Inc. Scheid Vineyards Inc. (SVIN), a family-owned and operated wine company founded in 1972 and headquartered in Salinas, California, produces premium varietal wine grapes and wines from its sustainably certified vineyards spanning over 3,000 acres primarily in Monterey County along California's Central Coast; operates a 30,000-ton capacity luxury-level winery and bottling facility powered by 100% renewable wind energy from a 400-foot turbine; and provides custom winemaking services including custom crush, contract bottling, storage, finishing, juicing, flash détente, and bulk wine production. The company offers a globally distributed portfolio of estate-grown brands such as Scheid Vineyards, Sunny with a Chance of Flowers, VDR (Very Dark Red), Grandeur (organically certified), Fog & Light, Metz Road, District 7, Ryder Estate, and HOXIE premium wine spritzer, alongside red, white, reserve, library, and dessert wines featuring varieties including Chardonnay, Pinot Noir, Sauvignon Blanc, Syrah, Merlot, Cabernet Sauvignon, Petite Sirah, Riesling, Grenache Blanc, Viognier, and Dolcetto; it also sells bulk wine, wine grapes, and produces 45 private labels for major retailers, with 60% of business from private labels and 40% from branded wines sold to wholesalers, retailers, and consumers in over 30 countries. Scheid Vineyards conducts all operations through its wholly-owned subsidiary Scheid Vineyards California Inc., targeting domestic and international markets with direct-to-consumer sales via tasting rooms in Carmel-by-the-Sea and Greenfield, wine club shipments, and internet channels. Recent developments include securing new forbearance agreements with lenders through July 2025 providing a $5.0 million working capital boost amid debt defaults and high interest rates averaging 14.2%; appointing Regal Wine Company as its California distribution partner in August 2025; recognizing $3.6 million from early termination of a winery processing agreement and $1.7 million gain from non-vineyard land sale in fiscal 2025; expanding alternative beverages like canned flavored wines (Strawberry Rosé, Lemon Ginger Rosé, Grapefruit Elderflower) and partnering with Q Mixers for spritz options under Sunny; and advancing organic farming at White Flower Vineyard while ranking as the 25th largest U.S. winery with 900,000 annual case sales as of 2023.