Vintage Wine Estates, Inc. (VWE)

NASDAQ: VWE · IEX Real-Time Price · USD
0.282
+0.048 (20.45%)
At close: Apr 23, 2024, 4:00 PM
0.288
+0.007 (2.34%)
After-hours: Apr 23, 2024, 7:41 PM EDT
20.45%
Market Cap 16.86M
Revenue (ttm) 268.01M
Net Income (ttm) -125.77M
Shares Out 59.89M
EPS (ttm) -2.12
PE Ratio n/a
Forward PE 28.33
Dividend n/a
Ex-Dividend Date n/a
Volume 282,430
Open 0.238
Previous Close 0.234
Day's Range 0.238 - 0.290
52-Week Range 0.220 - 1.446
Beta 0.99
Analysts Hold
Price Target 1.10 (+290.76%)
Earnings Date May 8, 2024

About VWE

Vintage Wine Estates, Inc. produces and sells wines and spirits in the United States, Canada, and internationally. The company offers its products under the brands Bar Dog, B.R. Cohn, Cameron Hughes, Cherry Pie, Firesteed, Kunde, and others. It also owns and operates hospitality facilities; and provides bottling, fulfillment, and storage services to other companies on a contract basis. The company was founded in 2000 and is headquartered in Incline Village, Nevada. [Read more]

Founded 2007
Employees 568
Stock Exchange NASDAQ
Ticker Symbol VWE
Full Company Profile

Financial Performance

In 2023, VWE's revenue was $283.23 million, a decrease of -3.28% compared to the previous year's $292.84 million. Losses were -$188.97 million, 44362.8% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for VWE stock is "Hold" and the 12-month stock price forecast is $1.1.

Price Target
$1.1
(290.76% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CORRECTING and REPLACING Vintage Wine Announces Forbearance Agreement Extension with Lenders

SANTA ROSA, Calif.--(BUSINESS WIRE)--VWE Forbearance Extension Agreement.

20 days ago - Business Wire

Vintage Wine Estates Announces Appointment of Steven Strom to Board of Directors

SANTA ROSA, Calif.--(BUSINESS WIRE)--VWE Appoints Steven Strom Director.

20 days ago - Business Wire

Vintage Wine Announces Forbearance Agreement Extension with Lenders

SANTA ROSA, Calif.--(BUSINESS WIRE)--VWE Forbearance Extension Agreement.

20 days ago - Business Wire

Vintage Wine Estates Reports Second Quarter Fiscal 2024 Results

SANTA ROSA, Calif.--(BUSINESS WIRE)--Vintage Wine Estates Reports Second Quarter Fiscal 2024 Results.

6 weeks ago - Business Wire

Vintage Wine Estates Provides Update on Asset Sales as Company Progresses Towards Streamlined Business Model and Announces Forbearance Agreement with Lenders

SANTA ROSA, Calif.--(BUSINESS WIRE)--VWE Restructuring and Forbearance Agreement.

7 weeks ago - Business Wire

Vintage Wine Estates Receives Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

SANTA ROSA, Calif.--(BUSINESS WIRE)--VWE Receives Nasdaq Notification on Late Filing.

2 months ago - Business Wire

Vintage Wine Estates Restructures Organization, Initiates Cost Cuts and Simplifies Business Model

INCLINE VILLAGE, Nev.--(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 announced that it is restructuring...

3 months ago - Business Wire

Vintage Wine Estates Names Ryan Watson as Chief Marketing Officer

INCLINE VILLAGE, Nev.--(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 announced the appointment of Ryan ...

3 months ago - Business Wire

Vintage Wine Estates Names Farzana Shubarna as Vice President of Operations

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Names Farzana Shubarna as Vice President of Operations.

5 months ago - Business Wire

Vintage Wine Estates Reports First Quarter Fiscal 2024 Results

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Reports First Quarter Fiscal 2024 Results.

5 months ago - Business Wire

Vintage Wine Estates Announces New President and CEO Completes First Week at VWE and to Present on First Quarter Fiscal 2024 Financial Results Conference Call and Webcast

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--VWE Q1 FY24 Teleconference and New CEO Release.

6 months ago - Business Wire

Vintage Wine Estates Reports Fourth Quarter and Fiscal Year 2023 Financial Results

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Reports Fourth Quarter and Fiscal Year 2023 Financial Results.

6 months ago - Business Wire

Vintage Wine Estates Announces Amended Credit Agreement

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Announces Amended Credit Agreement.

6 months ago - Business Wire

Vintage Wine Estates Announces Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Announces Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast.

6 months ago - Business Wire

Vintage Wine Estates Provides Updated Fiscal 2023 Unaudited Preliminary Results and Timing for Reporting

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Vintage Wine Estates Provides Updated Fiscal 2023 Unaudited Preliminary Results and Timing for Reporting.

7 months ago - Business Wire

Vintage Wine Estates names Seth Kaufman next CEO amid turnaround efforts

Vintage Wine Estates VWE, +1.44% on Thursday said Seth Kaufman will join the company as president and chief executive officer, a change in leadership amid its broader turnaround campaign.

9 months ago - Market Watch

Vintage Wine Estates Provides Business Update and Preliminary Outlook for Fiscal 2024

INCLINE VILLAGE, Nev., July 20, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading...

9 months ago - GlobeNewsWire

Vintage Wine Estates Appoints Seth Kaufman as President and CEO

Demonstrated success as President & CEO, Moët Hennessy North America Demonstrated success as President & CEO, Moët Hennessy North America

9 months ago - GlobeNewsWire

Vintage Wine Estates to Provide Business Update and Host Conference Call and Webcast on July 20, 2023

INCLINE VILLAGE, Nev., July 13, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading...

10 months ago - GlobeNewsWire

Vintage Wine Estates Names Rodrigo de Oliveira as Vice President Supply Chain

INCLINE VILLAGE, Nev., May 18, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading ...

1 year ago - GlobeNewsWire

ACE Cider Releases New ACE High Imperial Pineapple

SONOMA, Calif. , May 11, 2023 /PRNewswire/ -- ACE Cider, a premium craft cider company and wholly owned subsidiary of Vintage Wine Estates Inc. (Nasdaq: VWE), has introduced its newest product: ACE HI...

1 year ago - PRNewsWire

Vintage Wine Estates Reports Nine Month Fiscal 2023 Results

INCLINE VILLAGE, Nev., May 10, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc . (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leading...

1 year ago - GlobeNewsWire

STUNTMAN PR FOUNDER NEIL ALUMKAL WINS SILVER STEVIE® AWARD FOR PR EXECUTIVE OF THE YEAR

NEW YORK , May 4, 2023 /PRNewswire/ -- Stuntman Public Relations CEO & Founder Neil Alumkal has been named the winner of a Silver Stevie® Award for PR Executive of the Year in the 23rd Annual American...

1 year ago - PRNewsWire

Vintage Wine Estates Announces Timing of Conference Call and Webcast for Fiscal 2023 Second Quarter, Third Quarter, and Year-to-Date Results

INCLINE VILLAGE, Nev., April 24, 2023 (GLOBE NEWSWIRE) -- Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leadin...

1 year ago - GlobeNewsWire

Vintage Wine Estates Provides Preliminary Results of Fair Value Evaluation of Goodwill and Tradenames

INCLINE VILLAGE, Nev., April 05, 2023 (GLOBE NEWSWIRE) --  Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (“VWE” or the “Company”), one of the top wine producers in the U.S. with an industry leadi...

1 year ago - GlobeNewsWire