Vintage Wine Estates, Inc.
NASDAQ Global MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- CEO
- Seth Kaufman
- Full Time Employees
- 568
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- Address
- 937 Tahoe Boulevard Incline Village NV United States of America 89451
- CIK
- 0001834045
- Website
- vintagewineestates.com
- Similar Companies
- Business
- Vintage Wine Estates, Inc. (VWESQ) engages in the production and distribution of luxury and lifestyle wines, hard ciders, and related beverage alcohol products through its wholesale, business-to-business, and direct-to-consumer channels in the United States, Canada, and select international markets. The company offers a portfolio of approximately 40 brands including key focus labels such as Bar Dog, B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, Kunde, Clos Pegase, Girard, Viansa, Swanson Vineyards, Sonoma Coast Vineyards, Cosentino, Layer Cake, and ACE Cider; provides custom production services encompassing fermentation, barrel aging, winemaking, procurement of dry goods, bottling, cased goods storage, private label production, and white label wines for major retail clients; and operates estate wineries, tasting rooms, wine clubs, and e-commerce platforms supported by high-capacity facilities for bulk storage exceeding 10 million gallons and annual bottling of over 13.5 million cases. Founded in 2000 and headquartered in Incline Village, Nevada, Vintage Wine Estates sources fruit from 2,556 owned and leased acres across premier regions in California's Central Coast, Napa Valley, Sonoma County, Oregon, and Washington, while utilizing independent growers and spot markets for additional supply; it historically ranked as the 14th largest U.S. wine producer by cases shipped, with annual volumes over 2.2 million cases primarily through DTC (tasting rooms serving 220,000 visitors, 13 wine clubs with 44,000 members, e-commerce), wholesale to 49,000 off-premise locations and 20,000 on-premise venues via distributors like Deutsch Family Wine & Spirits, Republic National Distributing Company, and Southern Glazer's Wine & Spirits, and B2B custom services. In recent developments, the company filed for Chapter 11 bankruptcy reorganization on July 24, 2024, in the U.S. Bankruptcy Court for the District of Delaware amid over $400 million in liabilities and implemented a Five-Point Plan focused on margin expansion, cost reduction, cash management, asset monetization, and revenue growth, including workforce reductions affecting approximately 4% of staff for $6 million in annualized savings; it subsequently auctioned major assets in September 2024, with Foley Family Wines acquiring Swanson Vineyards, Sonoma Coast Vineyards, Cosentino, Cherry Pie, and Bar Dog for $15 million, Adair Winery Inc. purchasing Clos Pegase, Girard, B.R. Cohn, Kunde, and Viansa for $85 million, Ejnar Knudsen obtaining Laetitia Vineyard & Winery, Owen Roe, and related properties for $9.3 million, Cider Leasing and Ace Cider I, LLC securing ACE Cider for $7.6 million, and other buyers like Vino.com, Integrated Beverage Group, and Bartow Ethanol taking Layer Cake and various spirits brands, with final court approval pending as of late September 2024.
Vintage Wine Estates Announces Sale of Tenma Vineyard
Vintage Wine Estates to Restate First Quarter Fiscal 2023 Financial Statements; Announces Preliminary Unaudited/Unreviewed Second Quarter Fiscal 2023 Financial Results
Vintage Wine Estates Announces Changes in Executive Leadership and Board Structure; Executing Business Realignment Plan to Deliver Stronger Earnings Power
Vintage Wine Estates Announces Second Quarter Fiscal 2023 Conference Call and Webcast
Vintage Wine Estates Advances Leadership Team
Award Winning Firm Labaton Sucharow Investigating Vintage Wine Estates, Inc. f/k/a Bespoke Capital Acquisition Corp. (NASDAQ: VWE, VWEWW, BSPE)
EQUITY ALERT: Rosen Law Firm Encourages Vintage Wine Estates, Inc. f/k/a Bespoke Capital Acquisition Corp. Investors to Inquire About Securities Class Action Investigation – VWE, VWEWW, BSPE
Vintage Wine Estates Reports Revenue Growth of 68% to $78.9 Million in Third Quarter Fiscal 2022 and Raises Full Year Fiscal 2022 Revenue Expectations
Vintage Wine Estates Taps Tracey Mason to Lead NexDrinx, an Innovative Initiative in Alternative Beverages
Vintage Wine Estates Announces Third Quarter Fiscal 2022 Conference Call and Webcast