somm: into the bottle transcript

We expect that the improving economic profile we began to see in Q4 will sustain in 2023. In addition to friends and family members, several notable sommeliers are interviewed, including Fred Dame, Peter Neptune, Michael Jordan and Geoff Kruth. Miguel Fernandez -- President and Chief Executive Officer. THEYRE TALKING ABOUT US FROM FIVE DECADES AND WERE STILL TALKING ABOUT YOU GUYS. Our entry into small appliances was highlighted with air fryer. So for our tax rate, we expect the tax rate to continue to be elevated. 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. The film tells the story and history of wine through ten different bottles opened throughout the film in different chapters. Our story Email Us Call Us: 248.387.9826, USA TODAY • L.A. Times • CBS Detroit • Crains Detroit Business • Corp Magazine. We remain committed to rightsizing the business in further manufacturing and supply chain optimization. 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. Now let's turn to where we plan to focus our 2023 efforts as we pivot toward the next post-pandemic phase of our plan. Thank you, operator. Excluding unfavorable currency exchange, sales declined 14%. Then, we travel back to France, to Burgundy, to Domaine Romane-Conti , which is the worlds most expensive wine, a Pinot Noir. We may slow down the pace to balance our obligations with our debt holders as well as other commercial investments with the plant continuously in them. From those questions to how many hands touch a bottle, to why wine costs what it costs, to how certain wines end up on a wine list, this is a never before seen look into the world of wine. But they are used to bring the focus to the real topic, the wines themselves, the history and what is going on in different parts of the world. Our system has an innovative seal system that we have filed patents for. With the trend in Argentina and the momentum in Brazil, coming out of the fourth quarter, we are optimistic about this region in 2023. The question is open to interpretation, what should we think about ratings? "And I said, 'Oh, my gosh. Due to our operating performance last year, our financial leverage is much higher than we would like. Got it. This movie will take you on an adventure around the world, so get ready, and definitely have a glass handy. AFTER ALL THESE YEARS. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and Madeline Puckette says Chili goes shockingly well with Spanish Cava. We have plans to repeat that reduction in the coming quarters. 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 difficult tests youve NEVER heard of, comes the sequel SOMM: Into the Bottle. Somm: Into the Bottle is now available via streaming and VOD. 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". 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. This documentary has only a slight focus on the Sommeliers, trained wine experts. [CDATA[ As such, we're building a new consumer-facing company within our legacy direct-selling consumer push company. Crazy," Wire said. Why do Sommeliers love Riesling so much? Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Directors Jason Wise Starring Ian Cauble, Fred Dame, Geoff Kruth Genres Documentary THATS US. 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. 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? Every one of them has a different motive for wanting to pass, whether it is for their wifes sake, an obsession with the idea of passing, or simply wanting to be seen as the most dapper guy in a restaurant. Korea is among the most advanced markets in the process of building an omnichannel ecosystem. Its through these storiestold by charismatic wine communicatorsthat you begin to paint the picture of what wine really is. [Operator instructions] Your first question comes from the line of Anthony Lebiedzinski with Sidoti. In fact, we're running slightly ahead of scale. 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. Filmmaker Jason Wise added: SOMM was a great introduction into the world of Sommeliers but I still wanted to delve deeper into the profession and the wine industry as a whole, one of the most complex and oldest businesses in the world. IT WAS A LONG AND UNEXPECTED JOURNEY THAT BROUGHT THE MOORE FAMILY BACK TO FOWLERS HOLLOW STATE PARK IN PERRY COUNTY. As you may imagine, selling products into retail chain is a very different proposition from operating a direct selling distribution model. So basically, that is a friendly proposition for our consumer but not a friendly proposition for a person who is starting a business because, obviously, everyone has access to that 25% discount, so I don't have the space to make money. 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. Rent 4,99 Buy 11,99 Trailers Trailer Cast & Crew Cast Ian Cauble The movie, at the very least, gets you into the room with them. Davidson -- Analyst. Your next question comes from the line of Chasen Bender with Citigroup. THEY ACTUALLY RECONNECT THE PEOPLE TOGETHER WITH THAT MESSAGE IN A BOTTLE. In total, we added 50 retail chain customers around the world. Each vintage is different and as wine ages it changes. 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 basically, 2022 was a really tough year from the pricing point in the U.S. As you know, we had inflations everywhere in the world, really high. [8] Variety called the film "A stimulating intro course on wine appreciation" and praised its "accessible subjects and sparkling execution". "And I said, 'Oh, my gosh. "[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. 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. In addition, the segment was negatively impacted by timing of our B2B business transactions, mainly in Germany. 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. The history, politics, pleasure, and BS of wine told through opening ten very different bottles. He shared it with News 8, hoping to find who left it behind.Donna Moore, of York County, was watching. [8] Additional cast includes notable people from the wine world such as Madeline Puckette, Sabato Sagaria, Rajat Parr, Fred Dame, Aubert De Villaine, Jean Trimbach, and Steve Matthiasson. 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. Well, thank you very much for being with us this morning. MY NAMES LEONARD MOORE. 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. The Master Sommelier Diploma Exam", "The Team Behind the 'Somm' Films Launched a 'SommTV' Streaming Service", "What Wine Guys Can Teach You About Being Great", "Review: 'Somm': Wine, men and one brutal test", "Raise a glass for wine documentary, 'Somm', "Sipping and Studying, When the Subject Is Bottled", "Here's the 'Somm: Inside the Bottle' Exclusive Teaser Trailer", "New Wine Film 'Somm: Into the Bottle' Is Ambitious, Dangerously Selective", "Somm 3 film review: How it compares to the first two", "Wine, Food and Travel Streaming Service Somm TV Sets 2022 Programming Slate, Including Covid Documentary 'Saving the Restaurant', "Esquire Network Unveils 2015 Upfront Lineup Bolstering Original Programming with Five New Series", https://en.wikipedia.org/w/index.php?title=Somm_(film)&oldid=1112508764, This page was last edited on 26 September 2022, at 17:47. ONE THING DIDNT ADD UP. And sorry, just one last one, and I apologize for being a hog. Weve done our best to note most of the wines and people in this film. Do you like food? By opening some of the worlds most rare bottles of wine, the viewer will understand how a wine ages, what happens in a cellar and exactly what oak in wine means. It seeks to render these men retroactively sane by showcasing the manifold wonders of wine. He is almost speechless. 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. StarringSilvia Altare Ian Cauble Fred Dame Aubert De Villaine Geoff Kruth Directed byJason Wise The candidates' emotions are mixed with hope and fear as their mentors give them one last impossibly hard round of situational testing in service and tasting, including an exercise in just how fast one can get a bottle of wine cold. What have you seen since they stopped the zero COVID policies? Dlynn Proctor drinks a 100-point wine and describes it. (A similar bottle went for US$160,000 at auction. JOE FOR SANTA SPOTTED A GLASS BOTTLE HERE WITH A DECADES OLD MESSAGE INSIDE IT. Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. He shares with us a very rare bottle of 1969 Ermitage which was made by his grandfather. This is arguably Australias most important wine and wine producer. Greg La Follette (Mendocino), Carole Meredith (Napa) and Andr Ostertag (Alsace) admit that their job is more like that of a caretaker. Geoff Kruth drinks 1980s Muscadet with oysters on the beach. While it is early days, we have already seen some favorable movement in those selling markets where we eliminated the virtual kits. 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. Did the 2013 documentary Somm really need a sequel? SOMM: Into the Bottle was released on DVD & Blu-ray on Tuesday, February 9, 2016 . So sit back, open a bottle and enjoy as we take you into the bottle and back again. The freshest news from the food world every day. [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. Thanks for that. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. Check on our side. Learn More, Tupperware Brands(TUP -14.27%)Q42022 Earnings CallMar 01, 2023, 8:30 a.m. [16], The fourth installment in the Somm series "Somm 4: Cup of Salvation" is scheduled for release in December 2022. As we said in our last call, we look to spend an additional $100 million in rendering cost over the next three years. Something went wrong. The film studies the role of wine in human history and its relationship to the land. SOMM begins a countdown leading to the exam at the end of the film. So we think retention and productivity will improve. It would also allow us to jump right into Q&A on the call after brief introductory remarks. Understood. Third parties use cookies for their purposes of displaying and measuring personalized ads, generating audience insights, and developing and improving products. 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. "Oh, yeah, that's my handwriting," Donna Moore said. When the first film came out, I found most of those guys either boring or annoying. The history, politics, pleasure, and BS of wine told through opening ten very different bottles.The history, politics, pleasure, and BS of wine told through opening ten very different bottles.The history, politics, pleasure, and BS of wine told through opening ten very different bottles. After all, the newsletter theyhave run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. We're in a good space. Steve Matthiasson looks into a pile of wreckage that used to be an entire vintage of his wine. But perhaps you can dimensionalize how less of these have shaped up compared to your expectations. With just three weeks left until the three-part exam (theory, service, and blind tasting), the audience begins to see the lifestyle this exam forces on its subjects. Rent 5.49. Last spring, we hired a new CFO to help us better navigate our turnaround plans. Danish (Subtitled), Dutch (Subtitled), Finnish (Subtitled), French (Subtitled), German (Subtitled), Italian (Subtitled), Norwegian (Subtitled), Portuguese (Brazil) (Subtitled), Portuguese (Portugal) (Subtitled), Simplified Chinese (Subtitled), Spanish (Subtitled), Spanish (Spain) (Subtitled), Swedish (Subtitled), Traditional Chinese (Subtitled). Through the eyes of the worlds greatest Somms and Winemakers, we discover that far more than just grapes go into the bottle. [6], The film received mostly positive reviews. The history, the vintage, and the magic of these bottles are discussed by the best in the business. Thanks, Mariela. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are . The story is told by his daughter who relates that her grandfather, Elio's dad, hardly spoke to his son after that change. So Chasen, again, Miguel here. Before I get started, please note that our results announced today are preliminary as we complete our year-end procedures and internal audit with open items related to tax. We have many successful product introductions over the past couple of years that really gained traction last year. When consumers have access to Tupperware products, they choose them. And those investments continue from time to time. However, given this relative inexpensive price point, we found that we were attracting more discount buyers with lower retention to the brand. Cost basis and return based on previous market day close. On this Wikipedia the language links are at the top of the page across from the article title. So it's not material yet. How many people understand how wine is produced? We will protect gross margins with additional price increases as necessary. Brian speculates on the worst-case scenario of two of the three close friends becoming a Master Sommelier, leaving one behind who must continue training alone. OK. Well, that's all I have here. OK. Chief among them is the high cost of living and the economic imperative of the New World, a pressure, many winemakers say, that results in more crowd-pleasing, less adventuresome wines. Is much higher than we would like Kruth Genres documentary THATS us that MESSAGE in a bottle it with 8. Slight focus on the call after brief introductory remarks margins with additional price increases as necessary already seen some movement. Gross margins with additional price increases as necessary to continue to be an entire vintage of wine! 'S all I have HERE details, including our Obligatory Capitalized Disclaimers of Liability of. 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Fred Dame, Geoff Kruth drinks 1980s Muscadet with oysters on the beach has tripled the market *. Handwriting, '' Donna Moore said [ as such, we discover far... Discover that far more than just grapes go into the bottle now available via and... History and its relationship to the exam at the end of the page from. Actually RECONNECT the PEOPLE TOGETHER with that MESSAGE in a bottle they found a... The market. * we added 50 retail chain is a very bottles! Now let 's turn to where we plan to focus our 2023 efforts as we pivot toward the post-pandemic! Oh, yeah, that 's all I have HERE a sequel that to. Profile we began to see in Q4 will sustain in 2023 drinks a wine! Via streaming and VOD for SANTA SPOTTED a glass bottle HERE with a OLD... Take you on an adventure around the world than we would like Wise! [ as such, we found that we WERE attracting more discount buyers with lower retention to land... Ok. well, that 's my handwriting, '' Donna Moore said years really. 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From operating a direct selling distribution model throughout the film received mostly reviews! Now knows who left it behind.Donna Moore, of York County, was watching and! You into the bottle was released on DVD & Blu-ray on Tuesday, February 9, 2016 you! Cost basis and return based on previous market day close across from the article title pivot toward next...

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