WBEV - WBEV STOCK NEWS

Winc, one of the fastest-growing beverage companies in the United States, announced that Geoff McFarlane (CEO) and Brian Smith (President) will present at the D.A. Davidson's 5th Annual Consumer Growth Conference on March 10, 2022. The company is also offering opportunities for one-on-one and small group meetings with investors. Winc, trading under the ticker symbol WBEV, utilizes a digital-first marketing strategy and a robust omni-channel distribution network to enhance its brand portfolio and drive growth.

Winc (NYSE American: WBEV), a rapidly growing beverage company in the U.S., has appointed Darren Plewes as Vice President, Wholesale, effective immediately. Plewes brings over 20 years of experience from major players like E&J Gallo and Diageo, where he excelled in sales and business development. His role involves strengthening distributor relationships and enhancing core brand performance, particularly for Summer Water and Lost Poet. Winc aims to leverage Plewes' expertise to drive expansion and improve its omni-channel distribution strategy.

Winc (NYSE-American: WBEV) reports a robust growth in its wholesale segment, achieving a 50% increase in SKU availability and a remarkable 123% sales growth at Whole Foods in 2021. Overall depletions rose by 75% across national and regional chains.

CEO Geoff McFarlane and President Brian Smith will partake in a virtual fireside chat at the 2022 ICR Conference on January 10, 2022, at 3:30 p.m. ET. Interested parties can access the event through the Company's Investor Relations website.

Winc (NYSE American: WBEV), a rapidly growing beverage company, announces its participation in the Emerging Growth Conference on January 5, 2022, at 10:30 AM ET. The presentation will highlight Winc's growth strategy and allow for real-time interaction with CEO Geoff McFarlane and President Brian Smith. Interested attendees can register online to join the event or access an archived webcast afterward. This conference aims to connect public companies with potential investors, showcasing innovative products and strategies for long-term growth.

Winc, a leading U.S. winery (NYSE American: WBEV), announced significant expansion in its organic wine offerings, now available at major retailers like Walmart and Whole Foods. This move responds to heightened consumer demand, particularly among millennials prioritizing sustainability. The organic wine market is projected to grow to $3.9 billion by 2027 at an 11.6% CAGR. Winc increased its organic product range from 18 to 48 in 2021, with organic sales rising 19.8% year-over-year in its direct-to-consumer channel and 81% of unit sales at Whole Foods in November being organic.

Winc, a rapidly growing beverage company trading under the ticker WBEV, reported third quarter 2021 financial results, showing total net revenues of $18.5 million, up 3.4% year-over-year. Wholesale revenues soared 106.9% to $5.5 million, while DTC revenues fell 12.8% to $12.7 million. The net loss widened to $5.7 million, compared to $1.3 million in Q3 2020. Adjusted EBITDA loss increased to $1.4 million. Strong performance from core brands and retail account growth were highlighted, aiming for 50,000 active retail accounts in the future.

Winc, one of the fastest-growing wineries in the U.S., will report its third-quarter 2021 financial results on December 8, 2021, after market close. The company will host a conference call at 5:00 p.m. ET on the same day to discuss these results. Investors can access the call by dialing (877) 705-6003 or via a live audio webcast on Winc's investor relations website. Winc focuses on a digital-first marketing strategy and an omni-channel distribution network, which supports its growth in the beverage sector.

Winc, one of the fastest-growing wineries in the U.S., announced the launch of Summer Water Bubbly, a sparkling French rosé, just in time for the holiday season. This product expands Winc's Summer Water brand, which has seen significant success, becoming the #1 selling ultra-premium domestic rosé with 66% year-over-year growth in wholesale depletions. The sparkling wine category is experiencing a 34% growth, aligning with consumer demand, particularly among younger demographics.

Winc, Inc. (NYSE American: WBEV) announced its initial public offering of 1,692,308 shares at $13.00 per share, set to begin trading on November 11, 2021, and close on November 15, 2021. The proceeds will be used for general corporate purposes to support Winc's growth as a rapidly expanding winery in the U.S. The offering includes a 45-day option for underwriters to purchase an additional 253,846 shares. Forward-looking statements caution that the offering's completion and use of proceeds may vary due to conditions beyond the company's control.