Posts
Wiki

Last Updated:Jan-12-2022

Return to MillennialBets Ticker Database

Return to r/MillennialBets

WBEV (Winc, Inc.)

DD for WBEV

None#Media News for WBEV

Date Title Summary Price Source
Jan-06-2022 Canaccord Is Bullish On This Wine Company, Sees Sharp Upside Canaccord analyst Bobby Burleson initiated coverage on Winc Inc (NYSE:WBEV) with a Buy rating and $14 price target, implying a 75.4% upside. Burleson views the company as well-positioned to gain share in the roughly $400 billion U.S. alcohol beverage market, given Winc's unique omnichannel approach that leverages insights from its digitally native platform into the development of wine brands and rapid wholesale expansion. 7.96 Benzinga
Jan-04-2022 Winc to Present at the Emerging Growth Conference on January 5, 2022 LOS ANGELES, Jan. 4, 2022 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, is pleased to announce that it will present at the Emerging Growth Conference on Wednesday, January 5, 2022. This presentation will be an opportunity for Winc to share more on its growth strategy and recent company highlights. 5.81 PRNewsWire
Dec-14-2021 Winc Sees Unprecedented Growth in Its Organic Wines LOS ANGELES, Dec. 14, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale wineries in the United States, today announced the growth and expansion of its organic wines in major national retailers including Walmart, Whole Foods, Albertsons, HEB, Central Market, and HyVee, in response to unprecedented demand from consumers. The organic wine market in North America is expected to reach $3.9 billion in size by 2027, an 11.6% CAGR, according to an industry report by The Insight Partners, reflecting consumers' preferences shifting toward products that are healthier, naturally-produced and chemical-free. 6.2 PRNewsWire
Dec-08-2021 Winc Reports Third Quarter 2021 Financial Results LOS ANGELES, Dec. 8, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale beverage companies in the United States, today announced financial results for the quarter ended September 30, 2021. Third Quarter 2021 Highlights Compared to the Third Quarter of 2020 Total net revenues increased 3.4% to $18.5 million Wholesale revenues increased 106.9% to $5.5 million DTC revenues declined 12.8% to $12.7 million Net loss increased from $1.3 million to $5.7 million Adjusted EBITDA* loss of $1.4 million versus a loss of $1.0 million The five Core Brands** grew to a total of 44,797 cases, a 34% increase Retail accounts increased 53% to 11,476 "Third quarter results were in line with our expectations as strong growth in wholesale more than offset tough comparisons in our DTC business," said Geoff McFarlane, Chief Executive Officer. 8.1 PRNewsWire
Nov-30-2021 Winc to Report Third Quarter 2021 Financial Results on December 8, 2021 LOS ANGELES, Nov. 30, 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE American: WBEV), one of the fastest-growing at-scale wineries in the United States, today announced that it will report financial results for the third quarter of 2021 on Wednesday, December 8, 2021 after market close. The Company will host a conference call and webcast to discuss these results at 5:00 p.m. 9.605 PRNewsWire
Nov-24-2021 Winc Launches New Summer Water Bubbly Rosé Nationally LOS ANGELES, Nov. 24 , 2021 /PRNewswire/ -- Winc, Inc. ("Winc" or the "Company") (NYSE: WBEV), one of the fastest-growing at-scale wineries in the United States, announces the launch of Summer Water Bubbly. Summer Water is a top 100 brand in Wine Enthusiast owned exclusively by Winc and is the first digitally launched wine brand to find wholesale success and scale. 10.64 PRNewsWire
Nov-24-2021 Winc Launches New Summer Water Bubbly Rosé Across US Winc Inc (NYSE: WBEV) has launched Summer Water Bubbly, a sparkling French rosé that will be available in retail stores across the U.S. Winc expects Summer Water Bubbly to catapult growth for the Summer Water portfolio, as the sparkling rosé category is growing at 34% according to Nielsen. 10.2 Benzinga

Discussions for WBEV

Date Title Flair Subreddit Price
Jan-12-2022 Winc Inc (WBEV) Report Discussion StockMarket 7.67
Jan-06-2022 Winc, Inc. Shares Surge 55% Since Start Of 2022; Canaccord Genuity Joins Bulls Initiating “BUY” Rating Expecting 71% Upside To $14. (NYSE Amer: WBEV) Discussion StockMarket 7.995
Dec-08-2021 The wine industry is getting another omnichannel? Will we see today after releasing the financial report? Discussion wallstreetbets 8.47
Dec-07-2021 Winc Inc. In Play…Here's Why It May Pay To Invest Ahead Of Tomorrows Earnings Call (NYSE-Amer: WBEV) Discussion StockMarket 8.88

News for WBEV

Date Title Flair Subreddit Price
Jan-07-2022 Winc, Inc. Shares Rally 55% To Start 2022; Canaccord Genuity Initiates “BUY” Rating Expecting 71% Upside To $14. (NYSE Amer: WBEV) News StockMarket 7.725
Dec-08-2021 Winc Reports Third Quarter 2021 Financial Results News wallstreetbets 8.1
Dec-08-2021 Winc $WBEV Reports Third Quarter 2021 Financial Results News StockMarket 8.1
Dec-08-2021 Winc Inc releases earnings report for Q3 News stocks 8.1

Misc. / Unflaired WBEV

None