Finance
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