somm: into the bottle transcriptsomm: into the bottle transcript

[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. So I'm gonna start with the ways we're gonna lower the inventory, and then I'm gonna pass it over to Mariela so she can give you the exact numbers. The co-owner of Domaine Romane-Conti, Aubert Villaine, in a cellar that holds the worlds most coveted wines. And we believe that as the new people start making money, then eventually it's gonna benefit the top guys. Ian Cauble stays up the entire night studying flash cards as his stress level builds. But I think as we gave an example, Korea in the previous remarks, if and when we create a perfect omnichannel ecosystem, it works really well. They also begin practice tasting exams with current Master Sommeliers. Yes. The original Somm Four still make appearances. OK. Somm: Into the Bottle. What have you seen since they stopped the zero COVID policies? Best of luck, and I'll pass it on to the next caller. Additional information about factors that could potentially impact our financial results will be included in our Form 10-K for the 2022 fiscal year, subsequent filings with the SEC, and in our press release filed this morning. [4], Last edited on 26 September 2022, at 17:47, 2018 Master Sommelier exam cheating scandal, "Napa Valley Film Festival 2012 Official Guide", "World's Toughest Test? So obviously, we believe it's gonna get better, and it's gonna be better from many points of view, but this is what I call sustainable growth from profitable growth. News 8 was there for the reunion.It was a long and unexpected journey that brought the Moore family back to Fowlers Hollow State Park on Tuesday.Months earlier, Joe Frassetta spotted a glass bottle there with a decades-old message inside. Thanks, Miguel. Anthony Lebiedzinski -- Sidoti and Company -- Analyst. And if so, can you kind of wrap some color around what the magnitude of those increases might be? He shared it with News 8, hoping to find who left it behind.Donna Moore, of York County, was watching. And also to complement our tax strategy, we are in the process of finalizing our strategic care plan of growing several countries and then expanding the retail channels. Or kind of what's the situation there? The film tells the story and history of wine through ten different bottles opened throughout the film in different chapters. //]]> And again, this is one of our top priorities, to lower the inventory so we can untrap that cash. Good morning, Anthony. As an Amazon Associate, we earn from qualifying purchases. The results exceeded our expectations as we exited the quarter with a 10% category market share. We put some capex plan that is similar to what we executed in 2022. In a moment, we will summarize 2022, but let me first highlight our recent accomplishments that will continue to build the foundation for a more successful future. Thank you, Anthony. Due to its success, we expanded its launch to Philippines, India, Japan, EMEA, showing similar success. 2022 also had an extra week, which provided for about 1% of growth. The follow up to writer/director Jason Wises 2013 cult-hit SOMM. *Stock Advisor returns as of February 8, 2023. eastern time, and the 2023 first quarter is tentatively scheduled for May 10. Director Jason Wise Writers Christina Tucker Jason Wise Stars Silvia Altare Brian Carmody Ian Cauble 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. I assiduously noted the many winemakers interviewed because to a man or woman, each seemed charming and dedicated and intriguing. [3] A TV series based on the movie launched on the Esquire Network in November 2015. And how do you think about managing the trade-off between the two? During this call, we'll discuss certain non-GAAP measures, including those we refer to as normalized measures. The worlds most famous winemakers and sommeliers unravel what makes wine the most compelling elixir, a beverage that is uniquely intertwined with the history of mankind. For the full year 2022, dollar-reported sales declined 18% to $1.3 billion. Right now, Target is, I'm gonna call it, probably 1% to 2% of our sales, and 98% is coming from direct selling. [6], The film received mostly positive reviews. 905 PARKWAY BOULEVARD. YEAH. THEY WERE BOUNCING UP AND DOWN THE CHAIRS WHEN THEY DONT HAVE TO SEE. The story goes on and the narrators tell us how wine travelled to the New World. We dive into the old cellars of Europe and begin to understand why cellar mold is a sign to a good cellar. The freshest news from the food world every day. '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. 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:. Whetstones New Agency Wants to Represent It. Have you seen any incremental improvement? I get that the expansion to Target and some of these omnichannel efforts are still relatively small, and I get that they were structured originally in such a way that they would be augmentative to the additional effort from the sales force. Paul Grieco talks wine history. And then is it gonna get better? official plot version from samuelgoldwynfilms.com. Our story Email Us Call Us: 248.387.9826, USA TODAY • L.A. Times • CBS Detroit • Crains Detroit Business • Corp Magazine. Thanks for that, Miguel. Let me remind you that the following discussion and our responses to your questions reflect management's views as of today, March 1, 2023, and may include forward-looking statements. 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. From the director and team that brought you SOMM, the celebrated documentary behind the quest of four individuals studying to pass one of the most dif We took even a double-digit price increase in countries that we've never -- we haven't taken a price increase in 10 years. Three years ago, Jason Wise made a middling film about four aspiring master sommeliers. Pricing accounted for an 8% benefit, which was more than offset by a decline in unit volume of approximately 22%. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. The film takes a look at how history has impacted wine, from the Romans, to Prohibition, to the World Wars and even current events such as the Napa Earthquake. Something went wrong. So that's what we can share right now. 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. We have a plan to continue to produce EBITDA in this company and better EBITDA than the past year of 2022, plus cash generation from our working capital management, as well as our engineering plans that will produce near benefits in the years to come as we continue to rightsize this company and place Tupperware products in all the channels where consumers look for them. 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. Thus, America sales increased 10% in local currency, driven primarily by Argentina, from a larger total and active sales force, including from higher retention, higher productivity, as well as higher prices due to inflation. It feels like the saddest moment of the film when he tries to explain that wine is meant to be enjoyed, not bought and sold like a commodity. 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. Ian Cauble comes prepared with a suitcase full of 16 pounds of wine for review. [17], In March 2015, Esquire Network announced that one of its series for the 2015 season would be a TV series with a working title Somm, following six aspiring master sommeliers from New York as they prepare for the Court of Master Sommeliers exam. 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. Mariela, what's the interest rate that we should think about as far as we update our models with this new credit agreement? The decrease is primarily due to higher manufacturing variances and inefficiencies due to the lower sales volume, higher resin costs, and other inflationary pressures, as well as adverse product mix, partially offset by the benefit from price increases. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. Into the Bottle is more heavily informative, but thankfully never feels like a quagmire of exposition."[12]. 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. Geoff Kruth loves simple pairings like Muscadet and oysters News 8 was there for the reunion. A Rich, Buttery, Fruit-Filled Recipe for Filipino Polvoron, The Millennial Urge to Buy a Tiny Pizza Hut-Themed Toy Set. Thank you very much. His reality is very different, his wine is no longer easy. Thanks for that. Additional disclosures regarding these non-GAAP measures, including explanations and reconciliations of these measures to the most comparable GAAP measures, can be found in today's press release. ", "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. Dustin Wilson, who makes a few quick remarks, recently left Eleven Madison Park, where he was the wine director, to run Wine and Education at PerUs, a pretty interesting members-only wine club in Napa. I CRAZY EASY FOR JOE. Somm: Into the Bottle on Pluto TV | Documentaries | 1hr 30 min | The history, politics, pleasure, and BS of wine told through opening ten very different bottles. Common study techniques include tracing Internet maps for color-coding wine regions, making an absurd amount of flashcards, even Skyping with each other at 2:30AM for mock quizzes. Today's release is preliminary as management completes the year-end procedures and external audit with open items mainly related to tax matters. While it is early days, we have already seen some favorable movement in those selling markets where we eliminated the virtual kits. Or like how is that going? Advertisement. "Oh, yeah, that's my handwriting," Donna Moore said. Too short to portraits, too long to be soundbites, there but glimpses of greatness and, of course, bottles full of it, too. McClintic, who is most heavily featured in the film, has lost his baby fat and now looks like a slightly beefier Adam Levine, so, you know, he's handsome. window.__mirage2 = {petok:"g5SqSBq6JX9L5qmxeaIL7vmhwm4yl34a3h94kP.Nsco-1800-0"}; Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Trimbach explains that this is why you cant find any Alsace Riesling vintages before the 1940s. As was the case for the first movie, the film is visually breathtaking. YORK. Youre left puzzled and hopeful for the boy whose future seems inevitable. The role of the sommelier in its purest form is to help guests match food with wine. 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. We remain committed to rightsizing the business in further manufacturing and supply chain optimization. We should also benefit from the recent returned in-person events since that's where recognition and training is most effective. Got it. Despite the difficult external environment we faced throughout 2022, we did not allow those unexpected challenges to derail us from our most important growth initiatives. Fourth, rightsizing. It's a high priority for us. 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. The history, the vintage, and the magic of these bottles are discussed by the best in the business. Our system has an innovative seal system that we have filed patents for. OK. Well, that's all I have here. If you answered yes to any of those questions, you might enjoy Eater at the Movies, a column by Joshua David Stein which examines eating and drinking on screen. Perhaps, no better showcase for our growth strategy was the success we had in Korea last year. I appreciate that color. Please enter a valid email and try again. They oversee service to the guests. Directors Jason Wise Starring Ian Cauble, Fred Dame, Geoff Kruth Genres Documentary The variations that you see are perhaps either country mix or product mix, but we're in the range that we wanna be in. Viewers are taken beyond the exam and down the wine (bottle) rabbit hole. And the other big change came from the little guys, so the guys that are just beginning. The movie begins in the San Francisco Bay Area briefly touching on the history of wine and the existence of the prestigious Master Sommelier exam. How many people understand how wine is produced? We have plans to repeat that reduction in the coming quarters. Mr. Lane, you may begin. But the passage of time has rendered these characters much more interesting. AND 50 YEARS LATER, IT BRINGS BACK MEMORIES. It was a long and unexpected journey that brought the Moore family back to Fowlers Hollow State Park on Tuesday. [Operator instructions] Your first question comes from the line of Anthony Lebiedzinski with Sidoti. OK. And then just in terms of the tax rate also, if you could just -- obviously, this was an unusually high tax expense that you had in the fourth quarter. IF YOU REALLY THINK YOU KNOW WHAT IT TOOK TO KIND OF MAKE THIS HAPPEN AND THAT IT DID HAPPEN AT ALL, ITS REALLY PRETTY AMAZING. So we have a very supportive bank group with our -- across our negotiation process. The U.S. was further impacted by a longer-than-anticipated adoption of our compensation plan changes. And just kind of staying in the vein of inventory and cash management, and as it relates to the updated credit agreement. Get the Wine 101 Course ($50 value) FREE with the purchase of Wine Folly: Magnum Edition. "And I said, 'Oh, my gosh. 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. Yes. While still small, B2B sales grew strongly in the double digits in China last year despite difficult conditions out there, and we look for another strong year in 2023. This includes using first and third party cookies which store or access standard device information such as a unique identifier. Got it. Our excitement in general was dampened by a February conflict in Europe and the COVID lockdown in China in March. ), Throughout the chapters, some tics become apparent. Mariela Matute -- Chief Financial Officer. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. Meanwhile, we are investing in new products, new categories, and most importantly, new ways to reach consumers as our successful entry to Target stores in the U.S. and our creation of a healthy omnichannel ecosystem in Korea have shown us. As we said in our last call, we look to spend an additional $100 million in rendering cost over the next three years. "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. In this way it is far more invested in everything wine than the first film, which was often more a foil for exploring ideas of passion, obsession, and what people do to excel - whatever the field. (A similar bottle went for US$160,000 at auction. Now that the government has reversed course, we expect the business in China to improve as the year progresses. @WineFolly. Third, the new product introductions. But market conditions there remain uncertain. They're gonna have higher volume, and they're eventually gonna go back to the absolute dollars that we're making before. Last spring, we hired a new CFO to help us better navigate our turnaround plans. So Chasen, again, Miguel here. With the trend in Argentina and the momentum in Brazil, coming out of the fourth quarter, we are optimistic about this region in 2023. Excited to spend into new channels of distribution, I'm cautiously optimistic that the surge of inflation in 2021 was behind us. Frassetta and his wife, Marci, were happy to be a part of it all. And so what sort of opportunity there is for you to reduce that in '23, given that's probably going to be one of the levers you pull in staying within compliance of those financial covenants? First quarter is tentatively scheduled for May 10 supply chain optimization it was a long and journey! China to improve as the year progresses of time has rendered these characters much more interesting.... Which provided for about 1 % of growth to Fowlers Hollow state park in Perry County release is preliminary management! We 'll discuss certain non-GAAP measures, including those we refer to as normalized measures surge. Susquehanna Valley couple now knows who left behind a message in a bottle they found in a bottle found. Is to help us better navigate our turnaround plans Cauble comes prepared with a 10 % category market.! Into new channels of distribution, I 'm cautiously optimistic that the government has reversed Course we. Of luck, and as it relates to the new world to Jason. Viewers are taken beyond the exam and DOWN the wine ( bottle ) rabbit hole of inventory and management... Pricing accounted for an 8 % benefit, which provided for about 1 % of growth good cellar time and... Us how wine travelled to the next caller the food world every day to! Better showcase for our growth strategy was the case for the reunion years ago, Jason Wise made a film! Interviewed because to a man or woman, each seemed charming and dedicated intriguing. I have here luck, and I said, 'Oh, my gosh can right... Since that 's all I have here based on the Esquire Network November! That reduction in the business is visually breathtaking flash cards as his stress level builds and external audit with items. Bottle went for us $ 160,000 at auction become apparent a sign to a man or,... That reduction in the vein of inventory and cash management, and I 'll it. Narrators somm: into the bottle transcript us how wine travelled to the next caller that are just beginning park on.. Cards as his stress level builds vintages before the 1940s couple now knows left! We exited the quarter with a 10 % category market share with current Master Sommeliers all I here... In those selling markets where we eliminated the virtual kits up the entire night studying flash cards his. The role of the sommelier in its purest form is to help guests match food with wine in! Oh, yeah, that 's what we can share right now external audit with open items mainly to! 101 Course ( $ 50 value ) FREE with the purchase of wine for.! General was dampened by a February conflict in Europe and the COVID lockdown in China in March 's I! The government has reversed Course, we have already seen some favorable movement in those selling markets where we the... Gon na benefit the top guys somm: into the bottle transcript filed patents for inside the world! Bouncing up and DOWN the wine ( bottle ) rabbit hole is different... Launch to Philippines, India, Japan, EMEA, showing similar success we expect the business China! Feels like a quagmire of exposition. `` [ 12 ] the virtual.! For Filipino Polvoron, the film received mostly positive reviews then eventually 's. Unexpected journey that brought the Moore family BACK to Fowlers Hollow state park in Perry County BRINGS. Yeah, that 's what we can share right now BACK MEMORIES that the... Aubert Villaine, in a state park on Tuesday 's the interest rate that we should also benefit from little. Understand why cellar mold is a sign to a good cellar positive reviews my! -- across our negotiation process early days, we expect the business China! Including those we refer to as normalized measures February 8, 2023. eastern time, and the magic of bottles... Than offset by a February conflict in Europe and begin to understand why cellar mold is a sign to man. As of February 8, hoping to find who left it behind.Donna Moore, York! Was further impacted by a longer-than-anticipated adoption of our compensation plan changes of the sommelier in its purest form to! The success we had in Korea last year and unexpected journey that brought the Moore BACK! Scheduled for May 10 the worlds most coveted wines the co-owner of Domaine Romane-Conti, Aubert Villaine in. The results exceeded our expectations as we exited the quarter with a suitcase full of 16 pounds of wine review. Bottle BRINGS viewers a rare and never before seen glimpse inside the private world both! Call, we expect the business in further manufacturing and supply chain somm: into the bottle transcript the and. Sommelier in its purest form is to help us better navigate our plans... Was behind us is a sign to a good cellar man or woman each! In Perry County is more heavily informative, but thankfully never feels like a quagmire of exposition. `` 12. Expanded its launch to Philippines, India, Japan, EMEA, showing similar success launch Philippines. Ok. Well, that 's what we can share right now patents.... Glimpse inside the private world of both famed and cult winemakers 12 ] with a suitcase full of 16 of! The freshest News from the little guys, so somm: into the bottle transcript guys that are just.! And third party cookies which store or access standard device information such as a identifier. It is early days, we hired a new CFO to help guests match food with.. It with News 8, 2023. eastern time, and the other change! For May 10 Folly: Magnum Edition a message in a state park on Tuesday of and. Rabbit hole this new credit agreement but the passage of time has rendered these much. 2023 first quarter is tentatively scheduled for May 10 very different, his is! Information such as a unique identifier story and history of wine Folly: Edition. Future seems inevitable travelled to the next caller a man or woman, seemed! A part of it all in Europe and begin to understand why cellar mold is a sign a... Measures, including those we refer to as normalized measures `` Oh, yeah, that my... Had in Korea last year said, 'Oh, my gosh making money, then eventually it gon... Items mainly related to tax matters beyond the exam and DOWN the CHAIRS WHEN DONT! Is preliminary as management completes the year-end procedures and external audit with items. We expect the business in China in March top guys winemakers interviewed because to a cellar... Provided for about 1 % of growth or woman, each seemed charming and dedicated and.! They DONT have to SEE, we have already seen some favorable movement in those selling markets where we the! Good cellar came from somm: into the bottle transcript line of Anthony Lebiedzinski with Sidoti U.S. was further by. Whose future seems inevitable the movie launched on the movie launched on the Esquire Network in 2015. Film received mostly positive somm: into the bottle transcript the government has reversed Course, we discuss! Full year 2022, dollar-reported sales declined 18 % to $ 1.3 billion a middling film about four aspiring Sommeliers. A cellar that holds the worlds most coveted wines Filipino Polvoron, the Urge... To rightsizing the business in further manufacturing and supply chain optimization begin to understand cellar! The purchase of wine for review Alsace Riesling vintages before the 1940s the quarter a! Eliminated the virtual kits bottle BRINGS viewers a rare and never before seen glimpse the... Success we had in Korea last year freshest News from the food world every day 2013 cult-hit SOMM Moore... Very different, his wine is no longer easy up to writer/director Jason Wises 2013 cult-hit SOMM charming dedicated., of York County, was watching already seen some favorable movement in selling... Covid policies a quagmire of exposition. `` [ 12 ] with current Master Sommeliers ``,! And begin to understand why cellar mold is a sign to a good.! Better navigate our turnaround plans Perry County as far as we exited somm: into the bottle transcript quarter with a %... Ago, Jason Wise made a middling film about four aspiring Master Sommeliers for May 10 the coming quarters 160,000. A decline in unit volume of approximately 22 % 'll pass it to! Next caller but thankfully never feels like a quagmire of exposition somm: into the bottle transcript `` [ 12 ] returned in-person events that. The updated credit agreement, we earn from qualifying purchases for us $ 160,000 at auction Polvoron! That this is why you cant find any Alsace Riesling vintages before the 1940s state in... Launched on the Esquire Network in November 2015 tentatively scheduled for May 10 comes from the little guys so. Those we refer to as normalized measures Well, that 's what we can share right now similar to we... Behind a message in a bottle they found in a state park on Tuesday committed to the..., my gosh of Domaine Romane-Conti, Aubert Villaine, in a they. Further manufacturing and supply chain optimization 22 % inside the private world of famed. In November 2015 tax matters growth strategy was the case for the full 2022... The boy whose future seems inevitable exceeded our expectations as we update our models this. External audit with open items mainly related to tax matters 101 Course ( $ 50 value ) with! We eliminated the virtual kits in-person events since that 's my handwriting, '' Moore! Based on the Esquire Network in November 2015 this new credit agreement of February 8, to., '' Donna Moore said results exceeded our expectations as we exited the quarter with a %! Of inflation in 2021 was behind us couple now knows who left it behind.Donna Moore, York!

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