Dear Client: Earlier this year, Vintage Wine Estates announced that founder Pat Roney stepped down as ceo as well as plans to simplify and deleverage its business [see WSD 02-10-2023]. On yesterday's earnings call the team discussed nine-month results and the current progress being made on its business realignment strategies. Interim ceo Jon Moramarco … Continue reading "VWE in Transition, Aims to Increase Profitability, Generate Cash & Reduce Debt"
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