WINEDEPOT order run rate up by 50%

The Company is pleased to advise that WINEDEPOT processed a record number total of orders in April, representing a run rate 50% higher than the previous quarter.

DW8 CEO Dean Taylor expects the growth rate for the quarter will be higher again, due to the compounding effect of a lift in online sales due to COVID-19 and the activation of a number of new customers.

“We had 11 new customers sign up during April, almost as many as we have in the first three months of the year. While it takes some time to onboard each of these, we expect to process a lot more orders over the coming months particularly as many of these operate wine clubs. The order numbers that we have seen so far this month certainly support this and indicate that we are in track for another record breaking month in May.”