Virginia Alcohol Sales Break Records in Fiscal 2012
(CBSDC/AP)— The Commonwealth of Virginia saw a 6 percent increase in sales at Alcoholic Beverage Control Retail stores in fiscal 2012, and Gov. Bob McDonnell said Monday that nearly 485,000 cases of wine were sold in the state’s wineries during that time period, up from 477,000 in the previous year.
Export wine sales more than tripled, from 700 cases to more than 3,300. McDonnell says new sales to China and the United Kingdom accounted for a significant portion of the exports, but sales of Virginia wine in other states rose by more than 24 percent to 14,033 cases.
As a result, Virginia reaped more than $1.7 million in wine liter tax revenue. The Department of Alcoholic Beverage Control saw a record profit of $132.1 million in fiscal 2012.
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