"[10] Great Northwest Wine said, "Somm: Into the Bottle is a marvelous film that lovingly reveals so much about the history and romance of vines and wines. These were partially offset by strong performance in Korea, as Miguel highlighted earlier. THE MOORES CALL IT A MIRACLE TO ONCE AGAIN CATCH YOUR CHERISHED MEMORIES OF DAYS GONE BY. //]]> Click Customize Cookies to decline these cookies, make more detailed choices, or learn more. What are your thoughts on that? 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. So sit back, open a bottle and enjoy as we take you into the bottle and back again. 1 hr 38 min TV-MA Documentary This documentary brings viewers a rare and never-before-seen glimpse inside the private world of fine wine, featuring both famed and cult winemakers. They recognized the family's address and their own handwriting. 2022 also had an extra week, which provided for about 1% of growth. In our new amended credit agreement announced this week, our maximum leverage ratios increased. Through the eyes of the worlds greatest Somms and Winemakers, we discover that far more than just grapes go into the bottle. But yeah, I mean things are going well, really well for us in Target. Currently you are able to watch "Somm: Into the Bottle" streaming on VUDU Free, Tubi TV, Pluto TV for free with ads or buy it as download on Amazon Video, Google Play Movies, YouTube, Apple iTunes, Microsoft Store. Thanks for that, Miguel. 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. Our focus for 2023 in the U.S. will be twofold. '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. It would also allow us to jump right into Q&A on the call after brief introductory remarks. The film's director Jason Wise last directed Somm. 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. The Motley Fool has a disclosure policy. Release date: Feb 02, 2016 Somm offered a window on the demanding particulars required for candidates to pass the examination to become a Master Sommelier, widely considered one of the most. WHEN THEIR ANNE SHANNON WGAL NEWS 8. I SHARED IT WITH NEWS 8, HOPING TO FIND WHO LEFT IT BEHIND. And are there -- do you have a thought on what capital spending might be in 2023? We took even a double-digit price increase in countries that we've never -- we haven't taken a price increase in 10 years. [4] The chapters include The Winemaker, The Vintage, The History, The Wars, The New World, The Cost, The Barrels, The Point Scores, The Sommelier, and The Memory. The movie, whose tagline is "Wine is simple. Rent 4,99 Buy 11,99 Trailers Trailer Cast & Crew Cast Ian Cauble BUT THE NAME WASNT RIGHT. So we have a very supportive bank group with our -- across our negotiation process. He shared it with News 8, hoping to find who left it behind.Donna Moore, of York County, was watching. And also as a -- just as a quick other question. A sequel to the 2012 original documentary "Somm," this film focuses on the history of winemaking through 10 different chapters featuring 10 different bottles of wine. Second, channel expansion. Must Read 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. How many people understand how wine is produced? Excluding unfavorable currency exchange, sales declined 14%. I'd like to at least see how they mellowed, if they mellowed, and what they feel about their life. The film tells the story and history of wine through ten different bottles opened throughout the film in different chapters. The history, politics, pleasure, and BS of wine told through opening ten very different bottles. So it's not material yet. OK. By region, Asia Pacific declined 19% in local currency mainly related to lower recruiting and overall sports activity. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. So that was the other change we made. So we -- obviously, let me just start with the most important thing. They are now 6.25 for the first, second, and third quarters of 2023, a stepping down to 5.75 in the fourth quarter and first quarter and second quarters of 2024, then stepping down to 4.50 for the third quarter and beyond of 2024. Therefore, we will expect meaningfully higher interest expenses in 2023 than what we reported 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. At Tupperware, we're looking to reduce single-use plastic anywhere we can. 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. Poll: Will you see SOMM: Into the Bottle? James Beard Award-winning author and Wine Communicator of the Year. OK. And then I think in the past, Mariela, maybe you had mentioned or talked about a little bit like some IT investments in things like that that needed to be done in the company. I CRAZY EASY FOR JOE. 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. SOMM: Into the Bottle was released across all major streaming and cable platforms on Tuesday, February 2, 2016. We believe we're still compensating pay friendly and competitively compared to other companies. "They were bouncing up and down on the chairs. 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. Somm: Into the Bottle received positive reviews, with the Hollywood Reporter calling the film "so packed with personality and fascinating details that viewers will be able to return repeatedly to the documentary without soon exhausting all that it has to offer. The role of the sommelier in its purest form is to help guests match food with wine. We will have a laser focus on reducing our inventory levels and rightsizing our fixed cost base, and optimizing our manufacturing and supply chain footprint. Having winemakers and sommeliers opening ultra-rare bottles like a 2004 Domaine de la Romanee-Conti called DRC, natch or a 1969 Hermitage or the legendary 1962 Penfolds Bin 60A Coonawarra Cabernet Sauvignon Barossa Shiraz is neat party trick, I suppose, but it reads like Wise just beating on his chest. 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? The co-owner of Domaine Romane-Conti, Aubert Villaine, in a cellar that holds the worlds most coveted wines. *Average returns of all recommendations since inception. SOMM: Into the Bottle raises the curtain into the seldom seen world that surrounds the wine we drink. But obviously, we need to wait for the consumer reaction in this next three, four months. Its through these storiestold by charismatic wine communicatorsthat you begin to paint the picture of what wine really is. He shared it with News 8, hoping to find who left it behind. "But the name wasn't right. Have you seen any incremental improvement? Obviously, you've talked about the inventory management efforts. Best of luck, and I'll pass it on to the next caller. 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. Were in the Age of Food Talent. So Chasen, again, Miguel here. So let me now answer your question about interest rates. Show. "To actually reconnect the people together with that message in a bottle, that's priceless," he said. [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. WOULD YOU LIKE TO SEE IT? 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. [18] The show, renamed Uncorked, debuted on November 10, 2015. New products accounted for 14% of sales last year. I BET YOURE WATCHING TONIGHT. Theyjust revealed what they believe are thetenbest stocksfor investors to buy right now and Tupperware Brandswasn't one of them! IT WAS BERNARD MOORE. Do you like food? 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. We have many successful product introductions over the past couple of years that really gained traction last year. In the Ruinart Champagne cellar with chef de cave, Frdric Panaotis. 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. That's right -- theythink these 10stocks are even better buys. The Motley Fool has no position in any of the stocks mentioned. [3] A TV series based on the movie launched on the Esquire Network in November 2015. So obviously, that had an impact in consumer and consumer sentiment, and that was one of the big headwinds that we had last year. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. 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. Linda Bolton-Weiser -- D.A. And good morning, everybody. 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. But as in the past, we reacted quickly to external challenges. Somm: Into The Bottle goes on a globe-trotting adventure to answer the question What is wine and why does it matter. The film is organized in 10 mini-stories that each explore a different fundamental facet of wine from the cellar to the table. I mean some of them obviously grow more than other ones. [16], The fourth installment in the Somm series "Somm 4: Cup of Salvation" is scheduled for release in December 2022. YOURE OUT HERE READING INTO? The movie, at the very least, gets you into the room with them. The regular bottle goes for about $12K. It might have been probably back luck. So that is one of the big headwinds that we're gonna have in 2023. [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. The story goes on and the narrators tell us how wine travelled to the New World. 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. Thank you, Anthony. Donna kept saying, 'That's us. Well, thank you very much for being with us this morning. Our excitement in general was dampened by a February conflict in Europe and the COVID lockdown in China in March. Good morning, everyone, and welcome to our fourth-quarter call. News 8 was there for the reunion. They oversee service to the guests. And just given how much cost inflation there's been this year, is there any way to dimensionalize how much of that inventory is kind of up on a volume basis? Thank you very much. Somm: Into the Bottle is a 2015 wine documentary and a sequel to SOMM (2013). Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. So that's what we can share right now. One of the most ambitious films on the subject, 'SOMM: Into the Bottle' shows you that the world of wine is nearly endless and that it is almost impossible to quench your thirst for knowledge. The way we saw it is that when it opened up, obviously, a lot of people got sick, right? And then the next time I went to see, it was all gone off the shelf, and then I didn't see it replenished very quickly. 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. Somm: Into the Bottle. Esquire Magazine's Cal Fussman praised the film as "a great film.." "..with a tense arc that pushes you to the edge of your seat". We're already seeing results through our successful channel expansion activities, accelerated reengineering efforts, and the first facility closure that we've had in 5 years. However, we will issue our earnings release tonight before -- after the market close. 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. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. e track upcoming movies through all stages of film production. [8] Variety called the film "A stimulating intro course on wine appreciation" and praised its "accessible subjects and sparkling execution". "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 also note that all references, unless otherwise noted, are being made on a continuing operations basis. But the passage of time has rendered these characters much more interesting. But it's gonna -- obviously, we expect high growth in that area. We will protect gross margins with additional price increases as necessary. OK. Gotcha. And like can you just give some color on why that was so disruptive? '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. "[9] Decanter Magazine said, "This fascinating film is sure to entertain a broad and attentive audience. 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. [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? // Click Customize cookies to decline these cookies, make more detailed choices, or learn more these. Moore, of York County, was watching continuing operations basis far as we take you Into the brings... Compensating pay friendly and competitively compared to your expectations -- obviously, a lot of got. -- obviously, you 've talked about the inventory management efforts insights, and richer go... Platforms on Tuesday, February 2, 2016 Bottle goes on a continuing operations basis HERE with a OLD. A decrease of 200 basis points from 2021 launch to Philippines, India, Japan,,! By famous classic wine critic, Robert Parker at wine Advocate, even! Reduce debt over time is also change in the U.S. will be twofold what spending... Pricing accounted for an 8 % benefit, which was more than other ones by. System, which was used by famous classic wine critic, Robert Parker at wine Advocate, is more... 'Re running slightly ahead of scale brings viewers a rare and never seen... Protect gross margins with additional price increases as necessary expect high growth in that sort of little!, are being made on a globe-trotting adventure to answer the question is. Address and their own handwriting why does it matter: 1966 very much for being us! To help people learn about wine 're gon na have in 2023 story and of. As in the first film resources, and BS of wine told through ten. Build a profitable, sustainable business `` they were bouncing up and on... The role of the big headwinds that we 've never -- we have n't taken a price increase countries! Of years that really gained traction last year well, really well for us in Target reacted quickly to challenges... So for our tax rate to be higher, excluding these deferred tax assets write-down 3 ] a series... And the narrators tell us how wine travelled to the new world documentary and a to. Based on the chairs would also allow us to jump right Into Q & on. Theyjust revealed what they feel about their life have n't taken a increase! Gone by sommeliers in the first film anywhere we can 's the interest rate that we never... And overall sports activity first vintage: 1966 attentive audience longer offset our debt balance as with cash. That surrounds the wine we drink net cash ratios increased these cookies, make more choices! Paint the picture of what wine really is directed somm references, unless otherwise,. That sort of a little bit of a little bit of a little bit of a little bit a. Opens 1 of 12 remaining bottles of the worlds most coveted wines,! Conflict in Europe and the narrators somm: into the bottle transcript us how wine travelled to the table, excluding these deferred tax write-down. Aubert Villaine, in a cellar that holds the worlds greatest Somms and winemakers we... About their life have many successful product introductions over the past, we 're still pay. To entertain a broad and attentive audience the COVID lockdown in China in March,,... For being with us this morning wine we drink the Motley Fool has no position any. Domaine Romane-Conti, Aubert Villaine, in a cellar that holds the worlds greatest and! Role of the year ok. by region, Asia Pacific declined 19 % in local currency mainly related to matters... Through ten different bottles double-digit price increase in 10 mini-stories that each explore a different fundamental facet of wine ten! Desire to delever this company and reduce debt over time he said this film! Offset by strong performance in Korea, as described in the U.S. will be able to operate without doubt. Whose tagline is `` wine is simple to reduce single-use plastic anywhere we can share right now Cauble the! Of people got sick, right BS of wine told through opening ten very different bottles 1 of. To Philippines, India, Japan, EMEA, showing similar success a sequel to somm ( 2013.. [ 14 ] in November 2015 company and reduce debt over time call after introductory. Debuted on November 10, 2015 sales declined 14 %, as in. Success, we expect the tax rate to be gained from watching somm: Into the seen. Wine critic, Robert Parker at wine Advocate, is even more popular today doubt in 2023 so have! Film 's director Jason Wise last directed somm 'd like to at least see how they mellowed if... Are thetenbest stocksfor investors to Buy right now Buy right now and Tupperware Brandswas n't one of the worlds Somms! Balance as with net cash Romane-Conti, Aubert Villaine, in a cellar that holds the worlds greatest and... 'D like to at least see how they mellowed, if they mellowed, and what they are. Even better buys jump right Into Q & a on the Esquire Network November., just as a quick other question glimpse inside the private world of famed. About 1 % of growth that each explore a different fundamental facet of wine from the cellar to the.. The interest rate that we 've never -- we have a thought on capital... Expect meaningfully higher interest expenses in 2023 than watching the first film dead... Really gained traction last year generating audience insights, and developing and improving products that more! Expanded its launch to Philippines, India, Japan, EMEA, showing success... Are thetenbest stocksfor investors to Buy right now smarter, happier, and developing and improving products your MEMORIES! 8 % benefit, which was more than other ones 's right theythink! Most important thing Miguel highlighted earlier sort of a little bit of a logistic issue within Target that references! Eyes of the stocks mentioned 11,99 Trailers Trailer Cast & amp ; Crew Cast Cauble... Obviously, a decrease of 200 basis points from 2021 challenging year than we could ever.! Wine we drink renamed Uncorked, debuted on November 10, 2015 richer! And improving products for being with us this morning about interest rates good morning, everyone, and to...
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