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H1 losses widen but Australian Vintage confident on sales outlook
Yahoo Finance· 2026-02-20 10:16
Australian Vintage has recorded widening half-year losses – citing one-off impacts and exchange rates – and said the company is "on track" to meet its forecast for sales growth across the year as a whole. The wine group booked a net loss of A$21.9m ($15.4m) for the six months to 31 December, compared with a loss of A$473,000 a year earlier. Earnings before interest, tax, depreciation, amortisation and SGARA (EBITDAS) was a loss of A$268,000 versus a positive A$11.1m in the first six months of the previo ...
Treasury Wine Estates losses widen as US impairment confirmed
Yahoo Finance· 2026-02-16 11:59
Treasury Wine Estates today (16 February) booked a jump in half-year losses as the Australian wine group recorded an impairment on its business in the US. The Daou Vineyards brand owner, which has suspended a planned dividend, warned in December an impairment on its US operations was on the horizon due to its “more conservative long-term market growth assumptions” for the country. Treasury logged a non-cash impairment charge worth A$987.6m (US$699.5m) pre tax. The company said the charge was primarily l ...
Australian Corporate Earnings and Global Market Shifts: Treasury Wine, JB Hi-Fi, and Bendigo Bank Report
Stock Market News· 2026-02-15 21:38
Corporate Earnings - Treasury Wine Estates (TWE) reported a statutory net loss of AUD 649.4 million for the first half of fiscal 2026, primarily due to a non-cash writedown of its U.S. business and a settlement with a major distributor, but achieved an adjusted net income of AUD 128.5 million on revenue of AUD 1,297.7 million, with management optimistic about the second half of the year [2][8] - JB Hi-Fi Ltd (JBH) demonstrated resilience in the retail sector, reporting a net income of AUD 305.8 million on total sales of AUD 6,085.3 million, and declared an interim dividend of 210 AU cents per share [3][8] - Bendigo and Adelaide Bank Ltd (BEN) outperformed analyst expectations with an adjusted net income of AUD 256.4 million and revenue of AUD 1,021.1 million, supported by a net interest margin of 1.9% and a CET1 capital ratio of 11.4%, declaring a 30 AU cent interim dividend [4][8] Global Markets - Alphabet Inc. (GOOGL) successfully closed a $20 billion bond offering to fund its expansion into generative AI, including a landmark £1 billion "century bond" maturing in 2126, indicating long-term investor confidence [5][8] - Chinese authorities are tightening regulations on influencer marketing to mitigate speculative behavior in the stock market, with new rules prohibiting unlicensed financial advice and leading to the suspension of accounts spreading misinformation [6][8]
Billionaire Goudet Stake in Treasury Wine Sparks Rally
Yahoo Finance· 2026-02-13 02:42
Photographer: Brendon Thorne/Bloomberg Treasury Wine Estates Ltd.’s shares jumped about 7% in Sydney, the most since September 2024, after European billionaire Olivier Goudet emerged as a shareholder, offering a rare boost to the troubled winemaker. Goudet, through investment vehicle Platin SARL, has taken a 5% stake in the Penfolds owner, according to an exchange filing on Wednesday. The Australian firm has a market capitalization of about A$4.3 billion ($2.8 billion). Treasury shares were up 6% at A$5. ...
Fresh Vine Wine(VINE) - Prospectus
2026-02-12 21:53
As filed with the Securities and Exchange Commission on February 12, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AMAZE HOLDINGS, INC. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 2084 87-3905007 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 150 Paularino, Suite ...
Willamette Valley Vineyards Announces Organizational Changes to its Distribution and Sales Strategies
Prnewswire· 2026-02-10 14:38
Core Insights - Willamette Valley Vineyards has announced significant changes to its distribution and sales strategies, particularly focusing on the East Coast market, aligning with Republic National Distributing Company (RNDC) to enhance brand representation and sales [1] Distribution Strategy - The company has aligned its distribution in New York State and the Mid-Atlantic region with RNDC, which has made substantial investments in the New York market, including doubling its sales force and establishing a new warehouse in Syracuse [1] - The transition aims to strengthen the winery's presence in critical markets for Oregon wine, particularly for its flagship Pinot Noir varietal [1] Sales Team Reorganization - Willamette Valley Vineyards has reorganized its sales team into five regions and added two new members: Robert Goodrich as Eastern Region Sales Director and Jimmy Lewis as California Sales Manager, both bringing extensive experience in wine distribution [1] - The sales team will be led by Senior Director of National Sales Rebecca Geschwender, along with other regional sales directors [1] Market Focus - The company is committed to innovation and identifying strategic distribution points at the national level, ensuring effective service to its consumer base and driving growth [1] - Willamette Valley Vineyards has also transitioned its Pennsylvania representation to Southern Glazer's Wine & Spirits, effective immediately, to refine its distribution relationships [1]
Profits slump at India’s Sula Vineyards
Yahoo Finance· 2026-02-09 13:33
Core Viewpoint - Sula Vineyards experienced a nearly 10% decline in third-quarter revenue due to tactical destocking in response to lower demand in Karnataka, its second-largest market [1][2]. Revenue Performance - The company reported a 9.7% decrease in revenue from operations, amounting to Rs1.96 billion ($21.6 million) in the fiscal 2026 third quarter [1]. - Net income fell by 67.6% to Rs91 million during the same period [2]. - EBITDA decreased by 39.8% to Rs320 million, with the earnings margin dropping 816 basis points to 16.3% [2]. Market Insights - Karnataka, being the second-largest market for Sula Vineyards, faced subdued demand, prompting the company to undertake tactical destocking to optimize working capital [2][3]. - The own brands division, which includes The Source and Rāsā, saw a significant revenue drop of 12.9%, totaling Rs1.7 billion [3]. Growth Areas - The Wine Tourism unit provided some offset to the decline in own brands, with sales increasing by 33.6% in the third quarter to Rs220 million and up 22.4% in the nine months to Rs490 million [4]. - The CEO indicated that the tourism division is becoming an increasingly important growth frontier for the company [4]. Future Outlook - The company expressed confidence in achieving a healthy recovery, stating that revenue and profitability have likely bottomed out in Q3, with improved demand conditions in key markets, excluding Bengaluru [5]. - Plans for expanding the resort portfolio, including a new project in Nashik, were highlighted as part of the growth strategy moving forward [5].
永乐古窖红楼梦酒业参加宜宾高新区2026年迎新春企业家活动
Xin Lang Cai Jing· 2026-02-09 07:57
Core Viewpoint - The event held in Yibin High-tech Zone highlighted the recognition of Yongle Gujiao Honglou Dream Wine Industry for its talent development and brand contributions, showcasing its integration into the regional development strategy [1][3][7]. Group 1: Company Recognition - Yongle Gujiao Honglou Dream Wine Industry's Supply Chain Director, Wu Shankun, received the "Outstanding Employee of the Year" award, reflecting the company's commitment to talent cultivation and its overall strength in the region [3]. - The company was acknowledged for its dual recognition at the event, emphasizing its role in regional development and the value of its talent [3][9]. Group 2: Product Highlight - The high-end strategic product "Time River" series 1403 was selected as the designated wine for the event, symbolizing the brand's cultural heritage and quality, and demonstrating its high-end influence within the industrial ecosystem of the high-tech zone [5]. Group 3: Regional Development - The event underscored the achievements of the Yibin High-tech Zone, including its selection for the national high-tech zone upgrade list and recognition as a zero-carbon industrial park, indicating a supportive environment for business growth [7]. - The company expressed gratitude towards the local government for its support, highlighting the importance of collaboration between enterprises and the region for mutual growth and prosperity [9].
Concha y Toro buys majority of France’s Maison Mirabeau
Yahoo Finance· 2026-02-04 09:30
Core Insights - Viña Concha y Toro has acquired a majority stake in French wine producer Maison Mirabeau through its subsidiary VCT Europe, although the financial terms of the deal remain undisclosed [1] - The acquisition is seen as a strategic move to enhance global distribution and market presence for Maison Mirabeau, which currently sells to over 40 markets worldwide [2][3] Group 1: Acquisition Details - The acquisition was executed through VCT Europe, which covers the UK, Ireland, mainland Europe, and the Nordic countries [1] - The size of the stake acquired has not been disclosed, and the transaction is subject to regulatory approval [2] Group 2: Management and Strategic Vision - Eduardo Guilisasti, CEO of Viña Concha y Toro, emphasized that the deal is "much more than a strategic investment," aiming to expand Maison Mirabeau's international recognition while preserving its unique identity [3] - Stephen Cronk will remain as CEO of Maison Mirabeau, and he expressed that joining Concha y Toro will help accelerate commercial momentum and environmental objectives [4] - Jeany Cronk will continue as brand representative and creative advisor, maintaining her role in the marketing commission at the Wines of Provence [5] Group 3: Synergies and Future Plans - The two companies are expected to benefit from strong strategic synergies, sharing common values and a commitment to quality and sustainability [5] - VCT Europe manages several brands, including Casillero del Diablo and Trivento, indicating a robust portfolio that can support Maison Mirabeau's growth [5]
兴宁“客家齐昌等路”评选结果揭晓!20款特色产品入选
Nan Fang Nong Cun Bao· 2026-02-03 12:36
Group 1 - The "Hakka Qichang Denglu" selection results have been officially announced, featuring 20 products that embody Hakka culture and characteristics of Xingning [2][3][4] - The selection was guided by the Xingning Municipal Propaganda Department and organized by multiple local agencies, aiming to promote high-quality local products and establish a public brand representing Xingning's quality and cultural connotation [7][8] - The evaluation process included public solicitation, qualification review, on-site inspections, online voting, and expert reviews to ensure fairness and rigor [9][10] Group 2 - The selected products span various categories, including Hakka alcoholic beverages, specialty grains and oils, traditional snacks, leisure foods, and handicrafts, showcasing the diversity and uniqueness of Xingning's products [11][12] - All selected products meet quality and safety standards and excel in cultural heritage, regional characteristics, and brand value, carrying strong Hakka sentiments and local memories [13][14] - The list of selected products includes items such as "Hakka Princess Light Sweet Gift Box" and "Hakka Daughter Wine," among others, from various local companies [14] Group 3 - The organizers plan to promote these quality products through various methods, including concentrated publicity, channel connections, and exhibition displays, to help them expand their market presence [15] - The initiative aims to make "Hakka Qichang Denglu" a preferred brand for consumers to experience and share the essence of Xingning [16]