Tag Archives: Vintage Wine Estates

Vintage Wine Estates Volume Up 9%, Sales Up 16.2% in Year

Posted on September 28, 2021 by Joel Whitaker

Vintage Wine Estates reports Fiscal 2021 net revenue rose 16.2% from the prior year to $220.7 million, as case volume rose 9% to 1.875 million cases. Acquisitions contributed $2.3 million in net revenue for the year. The increased volume was … Continue reading →

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Vintage Wine Acquires Vinesse

Posted on September 28, 2021 by Joel Whitaker

Vintage Wine Estates said it was acquiring substantially all the assets of  Vinesse for $14 million, with a $2.5 million earnout over three years.  Vinesse has annual revenue of about $20 million. Vinesse  LLC is a direct-to-consumer platform company specializing in … Continue reading →

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The Interview: Vintage Wine Estates Gives New Meaning to Shareholder Value

Posted on August 8, 2021 by Joel Whitaker

Vintage Wine Estates is redefining “shareholder value” to go beyond simply rising stock prices.  I interviewed Jessica Kogan, chief marketing and chief digital officer, on how its Shareholder Passport program came to be, and the extra benefits it offers investors.  … Continue reading →

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Vintage Wine Estates Goes Public

Posted on June 8, 2021 by Joel Whitaker

It began trading yesterday on the Nasdaq Global Market under the symbol “VWE”  after it merged with Bespoke Capital Acquisition Corp., a special purpose acquisition company (SPAC).  It had an initial market capitalization of $617.9 million. In connection with the … Continue reading →

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Pat Roney’s Vintage Wine Posted $9.7 Million Loss in Fiscal 2020

Posted on March 15, 2021 by Joel Whitaker

Vintage Wine Estates had revenue of $189.9 million in fiscal 2020, ended June 30, but posted a $9.7 million loss, largest caused by $15.4 million of interest expense (up from $5.6 million in calendar 2017) and “other non-operating items” of … Continue reading →

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Vintage Wine Estates Purchases 1,986 Acre Laetitia Winery Estate

Posted on March 19, 2019 by Joel Whitaker

Vintage Wine Estates has purchased Laetitia Vineyard & Winery.  Terms weren’t disclosed. Laetitia, located in the Arroyo Grande AVA, overlooks the Pacific Ocean and has 680+ vineyard acres. The winery is known in particular for Pinot Noir, scoring consistently in … Continue reading →

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