Vintage Wine Estates, Inc. provides preliminary earnings guidance for the fiscal 2023 and 2024 . For 2023, The company expects Preliminary unaudited revenue of approximately $290 million.

For 2024, the company expects Revenue of approximately $250 million to $270 million. Lower expected revenue in fiscal 2024 primarily reflects approximately $33 million related to the depletion of aged bulk whiskey inventory, $6 million related to the discontinued bottled spirits program and an estimated $9 million SKU rationalization.