Topic
Finance
A collection of 37 issues
DRAFT: B.R. Distilling Obtains Credit Line from Live Oak Bank
B.R. Distilling Company, creator of the award-winning Blue Note Bourbon, secured an asset-backed line of credit from Live Oak Bank, providing the company with working capital to finance its inventory purchases under its long-term production agreement with Green River Distilling Co.
Next Century Spirits Takes Stake in VIDE RtD Cocktails
Slainte Irish Whiskey Retain Capital Advisor in U.S. Expansion
CBrands Prices Senior Notes at 4.7%
Vintage Wine Estates Net Revenue Falls
Vintage Wine Estates reports net revenue fell $4.8 million. The decline wasn't unexpected, since the company has taken several actions to simplify the business. The company posted a loss from operations of $9.9 million, which included $4 million in restructuring costs.
The restructuring resulted in a
Willamette Valley Vineyards Launches Secondary Offering
Willamette Valley Vineyards launched a new stock offering after overselling an offering that ended on September 30.
The original offering raised $3.53 million to support the winery’s expansion with a new tasting room in Bend, Oregon, and new vineyard plantings. Wine enthusiasts oversubscribed to the original offering, prompting
Scheid Family Wines Sales Fell 9%; Loss Widens in Quarter
Scheid Family Wines's total revenues were $27.7 million, down $2.7 million, a decrease of 9%. This decrease was driven by the Company's cased goods sales which decreased 6%, from $23.9 million to $22.5 million, and a decrease in bulk wine sales of
Vintage Wine Sales Fall 16.4% in 4Q; Net Loss Nearly Triples
Vintage Wine Estates reports revenue of $16.1 million in the fourth quarter, down 16.4% from a year earlier, reflecting declineds in all segments:
* Wholesale revenue declined $2.2 million, or 10.3%, to $18.8 million as improved pricing and higher ACE Cider sales did not fully offset
Molson Coors Vision: Accelerate Growth
Long before the U.S. beer industry was upended by one Bud Light can, Molson Coors Beverage Co. "changed how we invest, market and operate," Gavin Hattersley, president/CEO said. "And we changed our future." The company is "built for growth, we expect growth, and