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Preliminary unaudited fiscal 2023 revenue is estimated to be $290 million with gross margin of approximately 30% to 32% Announces preliminary expectations for fiscal 2024 reflecting restructuring benefits and business improvements Simplification of business and reduced SKUs enab...
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...
INCLINE VILLAGE, Nev., May 18, 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, today announced the appointment of R...
Revenue in the first nine months of fiscal 2023 increased 3% to $225 million driven by acquisitions Business simplification and operational improvement plan beginning to yield results Second quarter fiscal 2023 non-cash impairment charges of $139.1 million and third quar...
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 relea...
INCLINE VILLAGE, Nev., April 05, 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, today reported that total non-cash...
INCLINE VILLAGE, Nev., March 23, 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 announced that it requires m...
INCLINE VILLAGE, Nev., Feb. 16, 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 announced that it received a lett...
Establishes scenic easement for Laetitia property with The Land Conservancy of San Luis Obispo; preserves open space for scenic enjoyment of entire community Sells excess plantable Laetitia Vineyard properties with scenic easement attached; retains winery and over 900 acres which produce ...
Summary Meridian Funds, advised by ArrowMark, are actively managed and focus on market segments and industries that offer the ability to gain a distinct competitive advantage. Our long-only equity strategies primarily focus on the U.S. small- and mid-capitalization universe. The Meridia...
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Chapter 11 filing is intended to enable Company to address debt obligations and pursue asset sales $60.5 million debtor-in-possession financing Sale of Cosentino real property and equipment with proceeds of $10.5 million Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEW...
Brings extensive experience with financial restructurings, financings, and complex negotiations Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”) today announced the appointment of Steven Strom to its Board of Directors, as of ...
Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”) today announced that the Company and its lender group have amended the forbearance agreement dated March x, 2024 to extend the forbearance period to May 15, 2024. The lenders have also agreed...