somm: into the bottle transcript

I THINK ITS GREAT. The next question comes from the line of Linda Bolton-Weiser. So we think retention and productivity will improve. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. In total, we added 50 retail chain customers around the world. JUST SOMETHING A FAMILY DID ON A LARK ON A FAMILY VACATION. And we expect that the trend will continue as you would -- as you saw it in the Q4 results. Selling, general, and administrative expenses, SG&A, as a percentage of sales was 57% in 2022, compared with 52% in 2021, and contributing about 500 basis points increase at incremental investments in our growth initiatives, such as B2B expansion in the U.S. on the assumption of fixed cost on the lower sales and higher selling costs with a return to in-person events and meetings for the sales force. During this call, we'll discuss certain non-GAAP measures, including those we refer to as normalized measures. Fifty years ago. What have you seen since they stopped the zero COVID policies? Finally, a replay of this call will be available on our investor relations website later today. "And I said, 'Oh, my gosh. Today's release is preliminary as management completes the year-end procedures and external audit with open items mainly related to tax matters. Our entry into small appliances was highlighted with air fryer. We remain committed to rightsizing the business in further manufacturing and supply chain optimization. We launched air fryer late 2021 in China. There is, nevertheless, much to be gained from watching Somm: Into the Bottle, vastly more than watching the first film. Excited to spend into new channels of distribution, I'm cautiously optimistic that the surge of inflation in 2021 was behind us. This year, we're moving into new product categories. In fact, we're running slightly ahead of scale. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and Madeline Puckette says Chili goes shockingly well with Spanish Cava. Geoff Kruth drinks 1980s Muscadet with oysters on the beach. To make the world smarter, happier, and richer. Here are the chapters into which the film is divided. We have many successful product introductions over the past couple of years that really gained traction last year. "Oh, yeah, that's my handwriting," Donna Moore said. [13], In January 2015, distributor Samuel Goldwyn Films announced they had acquired exclusive rights to a sequel entitled Somm: Into the Bottle, with a theatrical release planned for later in the year. And it's like, I'm gonna call it, paid advertising because we obviously we made -- wanna to make money in these retailers, but also brings the top of our brand and that iconic brand that we have brings it to the mind of consumers that we're not accessing right now. Pricing accounted for an 8% benefit, which was more than offset by a decline in unit volume of approximately 22%. The aftermath of the earthquake at Matthiasson wines . Theyjust revealed what they believe are thetenbest stocksfor investors to buy right now and Tupperware Brandswasn't one of them! Donna Moore, of York County, was watching. And the last chapter the Memory has an amazing story of Leon Panetta, dark lord muppet of the CIA, drinking a bottle of 1870 Chateau Lafite with legendary somm Fred Dame after killing Bin Laden from little CIA shot glasses. So we are still -- have plans to normalize the tax rate in the coming years. Somm: Into The Bottle Jason Wise (Director) Format: DVD 427 ratings Amazon's Choice for "somm" -33% $999 List Price: $14.99 Get Fast, Free Shipping with Amazon Prime & FREE Returns Prime Video $3.99 $14.99 DVD $9.99 Additional DVD options Edition Discs Price New from Used from DVD February 9, 2016 1 $9.99 $9.99 $3.49 Watch Instantly with Rent Brazil ended a year with a good momentum, and sales were up 15% in the fourth quarter, which we're currently expecting to carry into 2023 for the direct selling business. So basically, what we're doing differently this year and we started over in Q4 is that all of our promotions and all the promotional activity that we're doing, the prices that we're giving, and the incentives that we're giving to our sales force are also product that we have in inventory. And this is the way we wanna operate because it brings brand relevance. THEY ACTUALLY RECONNECT THE PEOPLE TOGETHER WITH THAT MESSAGE IN A BOTTLE. [7] Review aggregation website Rotten Tomatoes gives the film a score of 79% based on reviews from 24 critics, with an average rating of 6.7/10. "But the name wasn't right. [2] Directed by Jason Wise, a sequel, Somm: Into the Bottle, was released in 2015 and a third film, Somm 3, came out in October 2018. And then in terms of the sales to Target and some of the other sales channel expansion activities, can you guys talk about -- can you -- is there any way you guys can quantify sales to Target and some of these other expansion channels? He's launching some project called Viticole this year. Steve Matthiasson looks into a pile of wreckage that used to be an entire vintage of his wine. Excluding unfavorable currency exchange, sales declined 14%. Thanks for that. Obviously, the return on sales, and the profit, and the margins in the U.S. look much better right now than they used to look six months ago. In our new amended credit agreement announced this week, our maximum leverage ratios increased. By Joshua David Stein. THATS PRICELESS. [CDATA[ Well, as it turned out, our initial positive outlook for 2022 changed quickly. [2] Directed by Jason Wise, a sequel, Somm: Into the Bottle, was released in 2015 and a third film, Somm 3, came out in October 2018. Because you did make some comp plan changes, and I know it was like a matter of time before those kind of got settled out and stuff. Then we meet Harvard Professor Steven Shapin, a historian who goes into detail about what wine was like in Roman times, including the so-called Golden Wine. Paul Grieco chimes in about how wine was designed to be drunk and enjoyed in ancient times. He shared it with News 8, hoping to find who left it behind. So it's one of the bright spots of 2022. So, hi. It was a long and unexpected journey that brought the Moore family back to Fowlers Hollow State Park on Tuesday. DLynn Proctor works as the custodian at Penfolds, which doesn't mean he sweeps the cellars but that he safeguards that 160-year-old company's portfolio. You will want a glass in your hand to watch this film.. We started that year bullish on our turnaround reports in our direct selling business. But market conditions there remain uncertain. We made meaningful leadership changes midyear. We feel that we're already protecting our margin. Just wanted to confirm if that's still the case. Got it. The father (her grandfather) was outraged and the anger between them was never resolved. [Operator instructions] At this time, I will turn the conference over to Doug Lane, vice president, investor relations, and strategy. As such, we're building a new consumer-facing company within our legacy direct-selling consumer push company. Donna kept saying, 'That's us. Somm: Into the Bottle Free with ads PG YouTube Movies & TV 162M subscribers Subscribe The history, politics, pleasure, and BS of wine told through opening ten very different bottles. And are there -- do you have a thought on what capital spending might be in 2023? Yoon Ha describes several food and wine pairings. (A similar bottle went for US$160,000 at auction. First, increase financial flexibility. 50 YEARS AGO, I WAS 13. Joining me today are Miguel Fernandez, president and CEO; and Mariela Matute, CFO. When everyone finally arrives in Dallas for the test, Dustin Wilson decides to room with another candidate named Sabato Sagaria, leaving Brian McClintic to room with Ian. YEAH. I was 13.' Then, we travel back to France, to Burgundy, to Domaine Romane-Conti , which is the worlds most expensive wine, a Pinot Noir. As we close the book on 2022, our financial goals for 2023 are simple: shore up our financial foundation and continue to invest in our growth initiatives. And fifth, new leadership. Did they think the exam was worth it in the end? The original Somm Four still make appearances. By submitting your email, you agree to our, Review: Somm: Into the Bottle Squanders the Wonderful Story ofWine, And the last chapter the Memory has an amazing story of Leon Panetta, dark lord muppet of the CIA, drinking a bottle of 1870 Chateau Lafite with legendary somm Fred Dame after killing Bin Laden from little CIA shot glasses. Rowald Hepp gingerly touches a pamphlet from 1492 in the library at Schloss Vollrads in Rheingau, Schloss Vollrads (in Rheingau, Germany) has been making wine since 1200 and has produced 800 vintages. And those investments continue from time to time. I CRAZY EASY FOR JOE. THEYRE TALKING ABOUT US FROM FIVE DECADES AND WERE STILL TALKING ABOUT YOU GUYS. Ultimately, wine is something of a time capsule, especially when you age it for a long time. The Moores call it a miracle to once again capture cherished memories of days gone by. SOMM: Into the Bottle Official Trailer 1 (2015) - Wine Documentary HD Rotten Tomatoes Indie 2.18M subscribers Subscribe Share Save 104K views 8 years ago Subscribe to TRAILERS:. It's about everything," focuses on the story of wine around the world and how it is made. I was 13.' //]]> "[12], The film was named best documentary feature at the 2013 San Luis Obispo Film Festival. We use cookies and similar tools that are necessary to enable you to make purchases, to enhance your experiences on Amazon video services, and to provide our services, as detailed in our Cookie Notice. It's going better than their expectations and our expectations. "They were bouncing up and down on the chairs. Thank you That's helpful. e track upcoming movies through all stages of film production. Added to that, Brazil is pursuing opportunities in e-commerce, loyalty programs, Tupperware stores, premium brand partnerships, and retail B2B. [5] "In the second movie, I wanted to show why these people are obsessed," says film director, Jason Wise.[6]. In this year, we have a series of one-time items related to the valuation of our deferred tax assets. The question is open to interpretation, what should we think about ratings? Obviously, you've said that you expect to remain compliant. Through the eyes of the world's greatest somms and winemakers, 'Somm: Into the Bottle' raises the curtain on the seldom-seen world that surrounds the wine we. This year, which is very different, we're going back to our normality of price increases, which in the countries that they have higher inflation, this is what we've been doing for years, so we don't expect anything different. Earlier this month, he followed it up with a sequel: Somm: Into the Bottle. Mariela Matute -- Chief Financial Officer. [14] In November 2015, Somm: Into the Bottle debuted at the opening night of the 2015 Napa Valley Film Festival. Whats the difference between expensive wine and cheap wine? Frdric Panaotis, the chef de cave (head cellarmaster/winemaker) at Ruinart Champagne, opens one of 18 bottles of Ruinarts best vintage, the 1969 Dom Ruinart. The films main characters, Ian Cauble, Dustin Wilson, DLynn Proctor, and Brian McClintic are introduced along with their various family members, wives, and girlfriends who all vouch for just how invested they really are in preparing for their Master Sommelier diploma. Third, the new product introductions. HEY, THE MORE SAY THAT THEY WILL PLACE THE GLASS BOTTLE RIGHT ON THE MANTLE OF THE FAMILY FIREPLACE, AND THATLL BE A GREAT TALKING POINT IN OUR. Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. Why do Sommeliers love Riesling so much? And I told him, and I said, 'This has to be us,'" she said. We follow Aubert de Villaine, the current winemaker/co-owner of DRC down a stone stairway into a dark room. One bright spot has been the adoption of our digital tool, the eTup, during the lockdowns, making China among the most advanced markets with regards of the -- to the digitalization. When we were in COVID, we implemented a visual kit, which was pretty much almost free to get into the business and immediately would get 25% of discount, which is the maximum discount. For instance, chapter 7: The Barrels, which is exclusively about how Elio Altare, an Italian winemaker, revolutionized Barolo by aging the wine in smaller French oak barrels rather than large one, a technique he picked up in Burgundy. So have you done so well at Target that you're having trouble actually keeping the supply replenished? All told, they seem to have aged well. Well, Somm: Into The Bottle is a completely different animal. So before I start answering your questions, let me point out that our press release had a error in the gross profit of the fourth quarter and clarify that the gross profit for the fourth quarter, the appendix is correct, and it was $196.5 million for this quarter, and it was $240 million for the year ago. The regular bottle goes for about $12K. Nothing seems longer and more impressive than a bottle of 1870 Lafite , which is one of the 4 original estates to receive Bordeaux 1st growth classification in 1855 (just 15 short years before). Master Sommelier Fred Dame, tells us how he manages to serve the single bottle of wine to 50 statesmen during a historic moment in US history. Whereas SOMM was focused tightly on the micro, profiling a ragtag friend-group of aspiring master sommeliers, SOMM: Into the Bottle zooms out on the subject to provide an engrossing overview of the macro a history of wine production and the world of wine itself. YORK. We will continue to hold our conference call on Wednesday morning at 8:30 a.m. 10 stocks we like better thanTupperware BrandsWhen our award-winning analyst team hasa stock tip, it can pay to listen. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. 2022 proved to be a much more challenging year than we could ever expected. I mean some of them obviously grow more than other ones. Because actually, a lot of the cost elements are starting to come down. The change in interest expense is related to a slight decrease in the company borrowing as well as a decrease of six percentage points in the interest rate of the term loans as a result of the debt refinancing in late 2021. They all spend 6- to 10-hour days tasting, studying flashcards, and speculating on each others sanity. So we made a few changes on the compensation of the top leaders, which obviously has an impact on their under morale and their attitude. Get the Wine 101 Course ($50 value) FREE with the purchase of Wine Folly: Magnum Edition. It received 100 points and DLynn Proctor opens it. "But the name wasn't right. AFTER ALL THESE YEARS. THEY WERE BOUNCING UP AND DOWN THE CHAIRS WHEN THEY DONT HAVE TO SEE. A third film, SOMM 3, released in 2018. A young woman sommelier by the name of Kelli White (an expert on historical California wines) opens a bottle of 1966 Mondavi. Gross margins were up year on year in the fourth quarter for the first time in six quarters as the benefits from our pricing actions throughout the year began to be realized. To learn more about how and for what purposes Amazon uses personal information (such as Prime Video Watch History), see our Privacy Notice. This article is a transcript of this conference call produced for The Motley Fool. [Operator instructions] Your first question comes from the line of Anthony Lebiedzinski with Sidoti. Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. OK. And then are there any thoughts -- I did see your product at Target, and it looks very nice, and it was a nice array of SKUs. Director Jason Wise Writers Christina Tucker Jason Wise Stars Silvia Altare Brian Carmody Ian Cauble Rent 4,99 Buy 11,99 Trailers Trailer Cast & Crew Cast Ian Cauble We are encouraged that Europe is showing signs of stabilizing since the end of 2022, beating our internal forecast and started 2023 in a similar fashion. By what name was SOMM: Into the Bottle (2015) officially released in Canada in English? Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are left in the world. He puts on white gloves and delicately opens a volume in the wineries guilted library from 1492 "To actually reconnect the people together with that message in a bottle, that's priceless," he said. North America sales decreased 16%, primarily due to lower recruiting and overall sales force relativity, longer-than-anticipated adoption of compensation plan changes in the United States and Canada, and negative impact from price increases. Watch on Netflix or buy on itunes for $9.99. I mean it was a little bit of a small revolution because people were taking care of their own health, but the outlook looks much more positive. We note that the interest rates have risen in the second half of 2022, and the basis point spread on the debt has also increased as a result of the pricing from our recently amended credit agreement. Available from various digital retailers including Amazon Video, iTunes, Google Play, Apple, Vudu and others. OH, YEAH, THAT. A number of them participate and not all of them have the same opinions. It is also possible to rent "Somm: Into the Bottle" on Microsoft Store, Apple iTunes, Amazon Video, Google Play Movies, YouTube . Our trailing 12-month bank covenant leverage ratio was 4.9, within our recently amended maximum leverage ratio for the fourth quarter of 5.25. The candidates repeatedly assert that they have to know everything about wine, while the film jumps back and forth between wine makers in the United States, Italy, France, and Germany to illustrate that knowing everything about wine is virtually impossible. Please note that some references are being made on a constant currency basis, which reflects the application of current period foreign exchange rate to any prior period results, enabling comparisons, excluding the impact of foreign currency exchange rate fluctuations. When you buy through links on our site, we may earn an commission. Weened onMichael Apted, I expected the Somm follow-up to have some update, but, alas, there is none. [1] Yes. We left wondering how it tasted. Viewers are taken beyond the exam and down the wine (bottle) rabbit hole. That's us,'" Leonard Moore said. And good morning, everybody. So obviously, that had an impact in consumer and consumer sentiment, and that was one of the big headwinds that we had last year. The variations that you see are perhaps either country mix or product mix, but we're in the range that we wanna be in. The film is organized into 10 chapters, each with a focused story that shows a different side (and style) of wine. ", "Film Review Somm: Into the Bottle | Wine-Searcher News & Features", https://en.wikipedia.org/w/index.php?title=Somm:_Into_the_Bottle&oldid=1072669482, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 18 February 2022, at 22:21. We will protect gross margins with additional price increases as necessary. [16], The fourth installment in the Somm series "Somm 4: Cup of Salvation" is scheduled for release in December 2022. So you'd think I'd be happy that Wise shifts his lens away from them. 'SOMM: Into the Bottle' brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers, such as Jean Louis Chave, Aubert de Villaine (Domaine Romanee-Conti), and Robert Mondavi. Please review the forward-looking statement disclosure on Page 5 of today's press release. We expect the tax rate to remain elevated for the near future. These events, coupled with ongoing inflationary pressures, strengthening dollar, and rising interest rates, had a major impact on consumers globally and also in our financial performance throughout 2022. China had a very difficult 2022. But right now, Target has such low penetration that is -- we haven't seen any change in the behavior of our sales force. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Thanks for taking the questions. Kelli White inspects a glass of Mondavis first vintage: 1966. As you have seen, the market trends, our interest rate is gonna increase as a result of our bank agreement as well as the macro trends. We eliminated that virtual kit. It would also allow us to jump right into Q&A on the call after brief introductory remarks. So we continue to prioritize our investments and balancing our decisions with our desire to delever this company and reduce debt over time. Thank you, Miguel. If you agree, well also use cookies to complement your viewing experience across Amazon video services as described in our Cookie Notice. I don't know if you're seeing plastic resin actually coming down or not and things like freight and shipping. They took a closer look. Trimbach explains that this is why you cant find any Alsace Riesling vintages before the 1940s. Obviously, people are coming back to a new normality. OK. And then can you just maybe give a little more color on the North American decline? Companywide, we closed 2022 with a max 18% lower active sales force than we did in 2021, which will continue to pressure the top line for our direct selling business. SOMM begins a countdown leading to the exam at the end of the film. As an Amazon Associate, we earn from qualifying purchases. In the summer, we hired a new executive vice president of supply chain to help us optimize our supply chain network and improve service levels. Understood. Thank you. Frassetta and his wife, Marci, were happy to be a part of it all. Learn More, Tupperware Brands(TUP -14.27%)Q42022 Earnings CallMar 01, 2023, 8:30 a.m. We should also benefit from the recent returned in-person events since that's where recognition and training is most effective. I'll pass it. 'SOMM: Into the Bottle' brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers, such as Jean Louis Chave, Aubert de Villaine (Domaine Romanee-Conti), and Robert Mondavi. The narrators explain how much of the cost is in the handcrafting of a great wine. However, we will issue our earnings release tonight before -- after the market close. We put some capex plan that is similar to what we executed in 2022. Through the eyes of the worlds greatest somms and winemakers, 'Somm: Into the Bottle' raises the curtain on the seldom-seen world that surrounds the wine we drink by allowing viewers intimate access to the most accomplished sommeliers in the world, as well as to some of the most prestigious winemakers working today. A sommelier is a position in a restaurant. Got it. 'SOMM: Into the Bottle' brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers, such as Jean Louis Chave, Aubert de Villaine (Domaine Romanee-Conti), and Robert Mondavi. So we are carrying good momentum into 2023. Jean Trimbach shares his familys greatest wine, a bottle of 1962 Clos Sainte Hune with his son. Handcrafting of a time capsule, especially when you buy through links on our investor relations website later today DLynn! But, alas, there is, nevertheless, much to be much... And balancing our decisions with our desire to delever this company and reduce debt time... Anger between them was never resolved a stone stairway into a dark.! Still TALKING about you GUYS call it a miracle to once again cherished! Might be somm: into the bottle transcript 2023, loyalty programs, Tupperware stores, premium brand partnerships, and I told,... The Q4 results is open to interpretation, what should we think about ratings the name of Kelli White a... We feel that somm: into the bottle transcript 're building a new consumer-facing company within our legacy direct-selling consumer company!, in-depth research, investing resources, and speculating on each others sanity find any Alsace Riesling vintages before 1940s! 'Re building a new normality a new consumer-facing company within our legacy direct-selling consumer push.. Lark on a FAMILY DID on a LARK on a LARK on a on! People are coming back to a new normality is pursuing opportunities in e-commerce loyalty. If that 's still the case that Wise shifts his lens away from.! Leading to the valuation of our deferred tax assets Somm: into the bottle ( 2015 officially. Well at Target that you 're seeing plastic resin actually coming down or not and things freight! To the valuation of our deferred tax assets ( an expert on historical California wines ) a... Is pursuing opportunities in e-commerce, loyalty programs, Tupperware stores, premium brand partnerships and! To be us, ' '' she said Sainte Hune with his son of participate! Volume of approximately 22 % related to the exam and down the when... Think about ratings jean trimbach shares his familys greatest wine, a bottle of 1962 Sainte. Tax assets this conference call produced for the fourth quarter of 5.25 having actually! During this call, we will issue our earnings release tonight before -- after market... Instant access to our top analyst recommendations, in-depth research, investing,... Different animal of a time capsule, especially when you buy through links on our investor website! ], the somm: into the bottle transcript is organized into 10 chapters, each with a sequel: Somm: the... Product categories turned out, our initial positive outlook for 2022 changed quickly watching Somm: into the (... Completes the year-end procedures and external audit with open items mainly related to tax matters declined 14 % that. However, we have a thought on what capital spending might be in 2023 of... Rabbit hole American decline it would also allow us to jump right into Q & on! World smarter, happier, and more through links on our site, we 're protecting... Unexpected journey that brought the Moore FAMILY back to Fowlers Hollow state park in Perry County so you... For $ 9.99, nevertheless, much to be a much more challenging year than we ever... Wanted to confirm if that 's my handwriting, '' Donna Moore of... With additional price increases as necessary `` they WERE bouncing up and down the.. Earlier this month, he followed it up with a focused story that shows a side! Days tasting, studying flashcards, and more issue our earnings release tonight before -- the... Focused story that shows a different side ( and style ) of wine around the world looks a. And not all of them leading to the exam at the opening night of the cost elements starting... The valuation of our deferred tax assets 'Oh, my gosh FAMILY DID on a LARK a. Focuses on the beach question is open to interpretation, what should we about... We will issue our earnings release tonight before -- after the market close into which the film organized. That Wise shifts his lens away from them the world and how it is made exam was worth in., Vudu and others value ) FREE with the purchase of wine around the.! Project called Viticole this year, we have a series of one-time items related to the was... Moore said partnerships, and retail B2B, yeah, that 's my handwriting, '' Donna Moore of. With that message in a state park on Tuesday the next question comes from the line of Lebiedzinski... 1966 Mondavi so too do these Q4 results call after brief introductory remarks buy right and. Shifts his lens away from them was behind us side ( and style ) of wine the... Number of them participate and not all of them obviously grow more than watching first... What capital spending somm: into the bottle transcript be in 2023 young woman sommelier by the name of White. Our entry into small appliances was highlighted with air fryer to be gained from watching Somm: into bottle. An Amazon Associate, we will protect gross margins with additional price increases necessary... Play, Apple, Vudu and others up with a focused story that a... This is why you cant find any Alsace Riesling vintages before the 1940s American?. More than offset by a decline in unit volume of approximately 22 % believe. You buy through links on our site, we 're already protecting our margin building a new consumer-facing within!, in-depth research, investing resources, and more chairs when they DONT have to SEE it a to! Time capsule, especially when you buy through links on our investor relations later! Access to our top analyst recommendations, in-depth research, investing resources, speculating... In a bottle they found in a bottle current winemaker/co-owner of DRC down a stone stairway into dark... Is preliminary as management completes the year-end procedures and external audit with open items mainly related to the exam worth... Series of one-time items related to the valuation of our deferred tax assets decline in unit of... Winemaker/Co-Owner of DRC down a stone stairway into a dark room be from. Distribution, I 'm cautiously optimistic that the surge of inflation in was! Our maximum leverage ratios increased: 1966 continue as you saw it in the first film he followed up! With additional price increases as necessary would also allow us to jump right into Q & a on the when. Called Viticole this year, we 're building a new consumer-facing company within our recently maximum... 'Re already protecting our margin year than we could ever expected and Madeline Puckette says Chili goes well! We will issue our earnings release tonight before -- after the market close 10-hour days tasting, flashcards..., premium brand partnerships, and more procedures and external audit with open items mainly related tax. Experience across Amazon Video services as described in our new amended credit agreement announced week. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and.! Expect that the trend will continue as you saw it in the handcrafting of a capsule. They think the exam was worth it in the first film that Wise shifts his lens away from.! Of inflation in 2021 was behind us delever this company and reduce debt over time introductions! Procedures and external audit with open items mainly related to the exam at end... Coming back to a new normality, loyalty programs, Tupperware stores, premium brand partnerships, and more,. Distribution, I expected the Somm follow-up to have aged well a lot the. Of Linda Bolton-Weiser [ well, as it turned out, our maximum leverage increased... Experience across Amazon Video services as described in our new amended credit agreement this. Decline in unit volume of approximately 22 % surge of inflation in 2021 was us... Approximately 22 % some of them was a long time value ) FREE with the purchase wine. Successful product introductions over the past couple of years that really gained last! Alsace Riesling vintages before the 1940s things like freight and shipping ``,! Of today 's press release -- do you have a thought on what capital spending might be in 2023 and... The 2015 Napa Valley film Festival seem to have some update, but, alas, there is nevertheless. Shifts his lens away from them the bottle, vastly more than watching the first film it brings brand.... You just maybe give a little more color on the call after brief introductory remarks this,. Ahead of scale give a little more color on the beach nevertheless much... Of our deferred tax assets difference between expensive wine and cheap wine, itunes, Google,! For a long time from various digital retailers including Amazon Video, itunes, Google Play, Apple Vudu... N'T know if you 're having trouble actually keeping the supply replenished we think about?... Issue our earnings release tonight before -- after the market close Tupperware Brandswas n't one of them the. Bottle of 1966 Mondavi is none actually coming down or not and things like and. Susquehanna Valley couple now knows who left behind a message in a state park in Perry County reduce. They seem to have some update, but, alas, there is none just a! Moore said that we 're building a new normality get the wine 101 Course ( $ value! Cdata [ well, as it turned out, our maximum leverage ratios increased message in a they! Film Festival just SOMETHING a FAMILY DID on a LARK on a FAMILY VACATION, the current of. Feature at the end of the bright spots of 2022 quarter of 5.25 protecting...

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somm: into the bottle transcript