Vintage Wine Estates Restructures Organization, Initiates Cost Cuts and Simplifies Business Model
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced that it is restructuring the business by seeking to monetize certain assets and exit certain non-core, lower margin product and service offerings. As a result, the Company will be reducing its workforce by approximately 15% for expected annualized savings of $7.1 million. Restructuring charges for the actions are expected.
- 01/17/2024
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Vintage Wine Estates Names Ryan Watson as Chief Marketing Officer
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer (“CMO”). Mr. Watson joins VWE with nearly 20 years' experience in global, data-driven, consumer-oriented marketing and transformational strategies in both B2B and B2C verticals across a variety of industries. He will begin his duties on January 16, 2024. As VWE's C.
- 01/04/2024
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Vintage Wine Estates Names Farzana Shubarna as Vice President of Operations
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Names Farzana Shubarna as Vice President of Operations.
- 11/21/2023
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Vintage Wine Estates, Inc. (VWE) Q1 2024 Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q1 2024 Earnings Conference Call November 14, 2023 4:45 PM ET Company Participants Deborah Pawlowski - Kei Advisors Seth Kaufman - President & CEO Kristina Johnston - CFO Conference Call Participants Operator Good afternoon. Thank you for attending today's Vintage Wine Estates First Quarter Fiscal Year '24 financial results.
- 11/14/2023
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Vintage Wine Estates Reports First Quarter Fiscal 2024 Results
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Reports First Quarter Fiscal 2024 Results.
- 11/14/2023
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Vintage Wine Estates Announces New President and CEO Completes First Week at VWE and to Present on First Quarter Fiscal 2024 Financial Results Conference Call and Webcast
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--VWE Q1 FY24 Teleconference and New CEO Release.
- 11/06/2023
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Vintage Wine Estates, Inc. (VWE) Q4 2023 Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q4 2023 Earnings Conference Call October 16, 2023 9:00 AM ET Company Participants Deborah Pawlowski - IR Jon Moramarco - Interim CEO Kris Johnston - CFO Conference Call Participants Operator Good morning, and welcome to the Vintage Wine Estates Fourth Quarter and Fiscal Year 2023 Financial Results Call. My name is Carla and I will be your operator for today's call.
- 10/16/2023
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Vintage Wine Estates Reports Fourth Quarter and Fiscal Year 2023 Financial Results
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Reports Fourth Quarter and Fiscal Year 2023 Financial Results.
- 10/13/2023
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Vintage Wine Estates Announces Amended Credit Agreement
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Announces Amended Credit Agreement.
- 10/13/2023
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Vintage Wine Estates Announces Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Announces Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast.
- 10/13/2023
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Vintage Wine Estates Provides Updated Fiscal 2023 Unaudited Preliminary Results and Timing for Reporting
- INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Provides Updated Fiscal 2023 Unaudited Preliminary Results and Timing for Reporting.
- 09/27/2023
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Vintage Wine Estates names Seth Kaufman next CEO amid turnaround efforts
- Vintage Wine Estates VWE, +1.44% on Thursday said Seth Kaufman will join the company as president and chief executive officer, a change in leadership amid its broader turnaround campaign.
- 07/20/2023
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Vintage Wine Estates Provides Business Update and Preliminary Outlook for Fiscal 2024
- INCLINE VILLAGE, Nev., July 20, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, today provided an update on its simplification and cost reduction activities, progress on productivity improvements, preliminary fiscal 2023 results and fiscal 2024 expectations.
- 07/20/2023
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Vintage Wine Estates Appoints Seth Kaufman as President and CEO
- Demonstrated success as President & CEO, Moët Hennessy North America Demonstrated success as President & CEO, Moët Hennessy North America
- 07/20/2023
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Vintage Wine Estates to Provide Business Update and Host Conference Call and Webcast on July 20, 2023
- INCLINE VILLAGE, Nev., July 13, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-customer platform, announced today that it will host a teleconference and webcast on Thursday, July 20, 2023 to update investors on its strategic initiatives and progress with simplifying the business, reducing costs, expanding margins, reducing debt, and preserving cash.
- 07/13/2023
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Vintage Wine Estates, Inc. (VWE) Q3 2023 Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q3 2023 Earnings Conference Call May 10, 2023 4:45 PM ET Company Participants Deborah Pawlowski - Investor Relations Jon Moramarco - Interim Chief Executive Officer Terry Wheatley - President Kris Johnston - Chief Financial Officer Conference Call Participants Vivien Azer - TD Cowen Luke Hannan - Canaccord Genuity Operator Good day, and welcome to the Vintage Wine Estates Third Quarter 2023 Financial Results. All participants will be in list-only mode.
- 05/12/2023
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Vintage Wine Estates Announces Timing of Conference Call and Webcast for Fiscal 2023 Second Quarter, Third Quarter, and Year-to-Date Results
- INCLINE VILLAGE, Nev., April 24, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading direct-to-customer platform, announced today that it will release its second and third quarter, as well as year-to-date fiscal year 2023 financial results after market close on Wednesday, May 10, 2023. The Company will also file its restated first quarter fiscal 2023 results at that time.
- 04/24/2023
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Top 5 Defensive Stocks That Are Set To Fly
- The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
- 03/24/2023
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Vintage Wine Estates shares head toward bottom of the barrel on sobering series of events
- Vintage Wine Estates Inc shares have tumbled and the stock has been downgraded to ‘Sell' by Canaccord Genuity (TSX:CF, LSE:CF) analysts after the wine producer released a series of announcements on Wednesday evening, including changes to its management team and plans to improve its operations. The company's shares had fallen 17.6% at mid-morning on Thursday, trading at about US$2.30.
- 02/09/2023
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Top Consumer Staples Stocks That Could Lead To Your Biggest Gains In February - The Real Good Food (NASDAQ:RGF), Local Bounti (NYSE:LOCL)
- The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
- 02/09/2023
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Vintage Wine Estates, Inc. (VWE) Q1 2023 Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q1 2023 Results Conference Call November 9, 2022 4:30 PM ET Company Participants Deborah Pawlowski - IR Pat Roney - Founder and CEO Terry Wheatley - President Kris Johnston - CFO Conference Call Participants Vivien Azer - Cowen Mike Baker - D.A. Davidson Luke Hannan - Canaccord Genuity Sarang Vora - Telsey Group Operator Thank you for standing by.
- 11/12/2022
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Innovation And Acquisitions At Core Of Vintage Wine Estates Strategy
- Now, after a little more than a year at the helm, and despite a challenging stock market and supply chain issues, revenue for Vintage Wine Estates was up 33%, ending the fiscal 2022 year at $294 million. In a recent interview, Wheatley reflected on her first year, describing strategy components.
- 11/04/2022
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Best Value Stocks to Buy for September 15th
- ESEA, VWE and SRT made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 15, 2022.
- 09/15/2022
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Vintage Wine Estates stock plummets toward record low after surprise loss, downbeat outlook
- Shares of Vintage Wine Estates Inc. VWE, -40.14% plummeted 40.1% in afternoon trading Wednesday toward a record low, after the winery, with brands including Layer Cake, Clos Pegase and Bar Dog, reported a surprise fiscal fourth-quarter loss and provided a downbeat full-year revenue outlook. The company reported late Tuesday a net loss for the quarter to June 30 that widened to $14.7 million, or 24 cents a share, from $6.1 million, or 18 cents a share, in the year-ago period, as the number of shares outstanding nearly doubled to 60.4 million from 33.1 million.
- 09/14/2022
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Vintage Wine Estates, Inc. (VWE) Q4 2022 Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q4 2022 Earnings Conference Call September 13, 2022 4:45 PM ET Corporate Participants Deborah Pawlowski - Investor Relations Pat Roney - Founder, Chief Executive Officer Terry Wheatley - President Kris Johnston - Chief Financial Officer Conference Call Participants Vivian Azer - Cowen Mike Baker - DA Davidson Luke Hannan - Canaccord Genuity Joe Feldman - Telsey Advisory Group Greetings. Welcome to the Vintage Wine Estates Fourth Quarter Fiscal Year 2022 Financial Results Conference Call.
- 09/13/2022
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Vintage Wine Estates, Inc. (VWE) Q4 Earnings Top Estimates
- Vintage Wine Estates, Inc. (VWE) delivered earnings and revenue surprises of 112.50% and 1.51%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 09/13/2022
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These Are The 10 Biggest Firms Releasing Earnings Next Week
- Given the Fed tightening and the resulting macro uncertainties, many were expecting below par performances, but the second quarter turned out to be better than expected in terms of earnings.
- 09/09/2022
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Vintage Wine Estates: Solid Growth And Affordable Prices Make For A Good Prospect
- Vintage Wine Estates may be small compared to other peers, but the company is growing nicely. This includes growth on both the top and bottom lines, with cash flows showing evidence of improving.
- 09/08/2022
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Vintage Wine Estates, Inc (VWE) CEO Pat Roney on Q3 2022 Results - Earnings Call Transcript
- Vintage Wine Estates, Inc. (NASDAQ:VWE ) Q3 2022 Earnings Conference Call May 16, 2022 4:45 PM ET Company Participants Pat Roney – Founder, Chief Executive Officer Terry Wheatley – President Deborah Pawlowski – Investor Relations Conference Call Participants Stanley Harrison Vivas – Cowen and Company Luke Hannan – Canaccord Genuity Daniel Biolsi – Hedgeye Risk Management, LLC Joseph Feldman – Telsey Advisory Group Operator Good afternoon. And thank you for attending today's Vintage Wine Estates Third Quarter Fiscal Year 2022 Results Conference Call.
- 05/16/2022
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Vintage Wine Estates, Inc. (VWE) Tops Q3 Earnings and Revenue Estimates
- Vintage Wine Estates, Inc. (VWE) delivered earnings and revenue surprises of 14.29% and 16.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/16/2022
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Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q2 2022 Results - Earnings Call Transcript
- Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q2 2022 Results - Earnings Call Transcript
- 02/14/2022
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Vintage Wine Estates Announces Second Quarter Fiscal 2022 Conference Call and Webcast
- SANTA ROSA, Calif.--(BUSINESS WIRE)--Vintage Wine Estates (Nasdaq: VWE) Announces Second Quarter Fiscal 2022 Conference Call and Webcast
- 01/31/2022
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Vintage Wine Estates, Inc. (VWE) Moves to Buy: Rationale Behind the Upgrade
- Vintage Wine Estates, Inc. (VWE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/20/2022
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Final Trades: FedEx, Boeing, American Eagle & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 12/28/2021
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Market Extra: Why Wall Street is pouring into the wine business
- Sycamore Partners, a New York-based $10 billion private-equity giant, has been known for turning high-profile bets on clothing chains and shoe stores into a fortune.
- 11/17/2021
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Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q1 2022 Results - Earnings Call Transcript
- Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q1 2022 Results - Earnings Call Transcript
- 11/15/2021
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Vintage Wine Estates: Momentum In The Premium Segment Confirms The Bullish Case
- Vintage Wine Estates: Momentum In The Premium Segment Confirms The Bullish Case
- 10/01/2021
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Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q4 2021 Results - Earnings Call Transcript
- Vintage Wine Estates, Inc. (VWE) CEO Pat Roney on Q4 2021 Results - Earnings Call Transcript
- 09/29/2021
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Vintage Wine Estates Acquires Vinesse For $14M
- Vintage Wine Estates Inc (NASDAQ: VWE) has acquired all of the assets of Vinesse, LLC , a direct-to-consumer platform company specializing in wine clubs with over 60,000 members, for $14 million in cash. "We believe we can create significant cost synergies by bringing wine making and distribution in-house and marketing VWE's brand portfolio through their channels," said CEO Pat Roney.
- 09/29/2021
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Vintage Wine Estates Enhances Direct-to-Consumer Platform with Acquisition of Vinesse, LLC
- Adds a well-established leader in direct-to-consumer wine clubs with over 60,000 members to the DTC market channel
- 09/28/2021
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Vintage Wine Estates Executes on Strategy for Fiscal 2021 with Revenue Growth of 16% to $221 million
- SANTA ROSA, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, today reported its financial results for its fourth quarter and fiscal year ended June 30, 2021 (“fiscal 2021”). Results include the additions of Kunde Family Winery (“Kunde”) acquired on April 19, 2021, and The Sommelier Company (“TSC”) acquired on June 22, 2021.
- 09/28/2021
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Vintage Wine Estates, Inc. Reschedules Fiscal Yearend 2021 Earnings Release and Conference Call and Provides Preliminary Fourth Quarter and Fiscal 2021 Revenue
- SANTA ROSA, Calif., Sept. 21, 2021 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform, today announced that the Company is rescheduling its fourth quarter and fiscal yearend earnings release and conference call that was previously planned for Wednesday, September 22, 2021. The release of audited financial results is now planned for aftermarket on Tuesday, September 28, 2021. The Company will host a teleconference call and webcast on Wednesday, September 29, 2021 at 10:00 am ET/7:00 am PT.
- 09/21/2021
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Vintage Wine Estates Appoints Russell Joy As COO
- Vintage Wine Estates Inc (NASDAQ: VWE) has appointed Russell G. Joy as its Chief Operating Officer (COO) effective November 1, 2021.
- 09/21/2021
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Vintage Wine Estates, Inc. Announces Chief Operating Officer Succession Plan
- Russell G. Joy to be appointed Chief Operating Officer effective November 1, 2021 Russell G. Joy to be appointed Chief Operating Officer effective November 1, 2021
- 09/20/2021
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Vintage Wine Estates joins industry and key stakeholders as founding member of the Sustainable Wine Rountable
- SANTA ROSA, Calif., Sept. 17, 2021 /PRNewswire/ -- For the first time, more than 40 leaders in the production and marketing of wine around the world have joined forces to accelerate action as sustainability challenges mount.
- 09/17/2021
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Vintage Wine Estates, Inc. Announces Fourth Quarter and Fiscal Year 2021 Earnings Date and Conference Call
- SANTA ROSA, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform, today announced that the Company will conduct a conference call to discuss its Fourth Quarter and Fiscal Year 2021 financial results on Wednesday, September 22, 2021 at 4:30 PM Eastern Time. The call will feature remarks by VWE's management team.
- 09/07/2021
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Team, Inc. Appoints Candice Koederitz To Its Board Of Directors
- SUGAR LAND, Texas, Aug. 9, 2021 /PRNewswire/ -- Team, Inc. ("TEAM") (NYSE: TISI), a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, announced today that Candice Koederitz has been appointed to its Board of Directors ("Board"), effective Aug. 9, 2021. "We are excited to add Candice who brings extensive capital markets knowledge and global experience to the TEAM Board of Directors," said Amerino Gatti, TEAM's Chairman and Chief Executive Officer.
- 08/09/2021
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Why Vintage Wine Estates Shares Are Trading Higher Today
- Vintage Wine Estates Inc (NASDAQ:VWE) shares are trading higher by 7.8% at $11.94 Friday afternoon following positive commentary by Kevin O'Leary on CNBC. Vintage Wine Estates is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California's Central Coast, Oregon, and Washington State.
- 07/09/2021
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Vintage Wine Estates Is An Overlooked Wine Leader
- The company is a leader of the fragmented wine industry. Its strategy of acquiring smaller wineries has driven strong growth in the past and will continue doing so going forward.
- 06/27/2021
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Vintage Wine Estates, Inc. Completes Acquisition of The Sommelier Company
- First VWE Acquisition Since Public Listing on NASDAQ First VWE Acquisition Since Public Listing on NASDAQ
- 06/22/2021
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Vintage Wine Estates, Inc. Announces Filing of Super 8-K in Connection With the Completion of Its Business Combination with Bespoke Capital Acquisition Corp.
- Reaffirms Fiscal Year 2021 Guidance Reaffirms Fiscal Year 2021 Guidance
- 06/11/2021
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