Finance

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 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'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 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

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

The Paris public prosecutor's office confirmed Friday (10/1) that it is  investigation accusations that Russian businessman Nikolai Sarkisov bought real estate at a luxury Alpine resort with help from Bernault Arnault, who provided a loan through one of his companies. A lawyer for Arnault denied the accusation,

Brown-Forman Corp. said directors approved a $400 million share repurchase plan through Oct. 1, 2023. The plan permits the company to buy back Class A and Class B common shares for cash in open market purchases, block transactions, Rule10(b)5-1, and privately negotiated transactions. Lawson Whiting, Brown-Forman’s president/

Molson Coors Beverage Co. said it increased its investment in ZOA Energy, enabling ZOA to double its planned media budget for the coming year while continuing to grow its sales and distribution footprints.  Molson Coors will also have a seat on Zoa's board of directors.  The amount of