Tag Archives: Winc

Winc Revenue Rises 5.7%, Firm Swings to Loss

Posted on May 12, 2022 by Joel Whitaker

Winc. Inc. said its net revenue in the first quarter rose 5.7% to $18.5 million as wholesale revenue increased 75.1% to $5 million but DTC revenue eased 6.7% to $13.3 million.  The first reported a net loss for the quarter … Continue reading →

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Winc Sales Up 3.4%, Net Loss Soars 338.4%

Posted on December 8, 2021 by Joel Whitaker

Winc Inc. reports third quarter net revenue increased 3.4% to $18.5 million, but the company’s net loss was $5.7 million, a 338.4% increase.  Marketing expenses decreased by 23.3% to $3.7 million as the Company throttled advertising spend to maintain efficient marketing … Continue reading →

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Winc Launches 5 Million Share IPO

Posted on October 13, 2021 by Joel Whitaker

Winc, Inc. (“Winc”)launchedan initial public offering of 5 million common shares. In addition, Winc expects to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of its common stock at the public offering price, less underwriting … Continue reading →

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Winc Acquires Natural Merchants

Posted on June 8, 2021 by Joel Whitaker

Winc, Inc. said it purchased substantially all the assets of Natural Merchants, Inc. (“Natural Merchants”), a leading purveyor of natural, organic, biodynamic and vegan wines from around the world. Natural Merchants products are found in retailers and restaurants nationwide.  Terms weren’t … Continue reading →

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