VWE Revenues Up 40% in Q1; Why They See a Potential Trade Down as an Advantage

Dear Client:   Vintage Wine Estates recorded 40% revenue growth for the first quarter of fiscal 2023, ended September 30, driven by double digit growth across all business segments. Organic net revenue was up 13% for the period. "We're off to a solid start for the year as we continue to execute against our key strategic growth objectives," opened VWE ceo Pat Roney on yesterday afternoon's earnings call. B2B AND DTC SEGMENTS BOLSTER REVENUE GROWTH. All three of VWE's major