Vintage Wine Estates Reports Second Quarter Fiscal 2024 Results [Yahoo! Finance]
Vintage Wine Estates, Inc. (VWE)
Company Research
Source: Yahoo! Finance
SANTA ROSA, Calif., March 12, 2024 BUSINESS WIRE Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) ("VWE" or the "Company"), one of the top wine producers in the U.S., today reported its financial results for the three and six months ended December 31, 2023 ("second quarter fiscal 2024"). Seth Kaufman, President and CEO, commented, "We are intensely focused on our priorities to aggressively execute our turnaround plan as we transform into a nimble, omnichannel wine company that offers a unique portfolio of the highest quality Super Premium+ products in the U.S. Cash generation in the second quarter validates our efforts to monetize inventory and better manage working capital. We have accelerated our efforts to preserve cash through restructuring and have taken measurable steps towards streamlining the business to a competitively advantaged, defensible core portfolio. We are actively working to sell assets to reduce debt and continue to optimize operations to further improve cash g
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News
- Vintage Wine Estates' US$3.7m Market Cap Fall Books Insider Losses [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Estates Announces Appointment of Steven Strom to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Estates Announces Appointment of Steven Strom to Board of DirectorsBusiness Wire
- Vintage Wine Announces Forbearance Agreement Extension with Lenders [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Announces Forbearance Agreement Extension with LendersBusiness Wire
VWE
Sec Filings
- 4/3/24 - Form 424B3
- 4/3/24 - Form 424B3
- 4/3/24 - Form 3
- VWE's page on the SEC website