They also begin practice tasting exams with current Master Sommeliers. Thank you, Doug. THATS US. (A similar bottle went for US$160,000 at auction. Yes. Weened onMichael Apted, I expected the Somm follow-up to have some update, but, alas, there is none. Well, Somm: Into The Bottle is a completely different animal. Thank you for taking the questions. In these locations, consumer into our location is run by a member of our sales force to purchase our products. Rent 5.49. The original Somm Four still make appearances. Thanks, Miguel. Each vintage is different and as wine ages it changes. James Beard Award-winning author and Wine Communicator of the Year. We made meaningful leadership changes midyear. As an Amazon Associate, we earn from qualifying purchases. And there they were drinking a bottle of wine that was over 145 years old! When consumers have access to Tupperware products, they choose them. 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:. But right now, Target has such low penetration that is -- we haven't seen any change in the behavior of our sales force. YEAH. Thank you, operator. Do you like movies? 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. 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. We will be available for Q&A following our prepared remarks. Robert Mondavi helped craft the image of Napa. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. I was 13.' That's a very simple way to look at it. 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. New products accounted for 14% of sales last year. In terms of the U.S., the products that we've chosen are just a couple of them are very similar, where other ones are products that we never sell in the U.S. And some of them are heritage lines, which are the top sellers that we used to sell them in the U.S. but long time ago. Perhaps its because of the struggle. And I get that competing is not exactly the word, but now that the two are effectively live and product is available at the same time. A sommelier is a position in a restaurant. Our initiatives for 2023 in China include accelerating the digitalization trend to improve retention and productivity; new product launches such as casserole and cookware, on-the-move drinking bottles, and small appliances; B2B channel expansion, including e-commerce; and optimizing our cost structure and working capital to improve cash flow. There was lots of spitting, a fair amount of machismo, some mishegoss, some tsuris, and a little bit of naches. Its 2014 and an earthquake just rocked Napa Valley. The Moores call it a miracle to once again capture cherished memories of days gone by. I'll pass it. Invest better with The Motley Fool. Somm: Into the Bottle is much more explicitly about wine and its wonders. Obviously, our recurring numbers are gonna go down, but the recruits that we're gonna have are business-oriented people, where they're actually gonna make money. And I told him, and I said, 'This has to be us,'" she said. You will want a glass in your hand to watch this film.. First, increase financial flexibility. Movie Insider is a registered service mark of The Movie Insider LLC. Now back to this quarter just reported. Donna Moore, of York County, was watching. I just had technical difficulties. First will be the cast iron cookware such as Dutch Ovens. 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. That's us,'" Leonard Moore said.One thing didn't add up. Second, channel expansion. 2023, Hearst Television Inc. on behalf of WGAL-TV. 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. Thanks for that. [1] Directed by Jason Wise, it premiered at the Napa Valley Film Festival[2] and featured the main cast from the original SOMM film as well as additional notable people from the wine world.[3]. Did the 2013 documentary Somm really need a sequel? But yeah, I mean things are going well, really well for us in Target. [Operator instructions] At this time, I will turn the conference over to Doug Lane, vice president, investor relations, and strategy. Our system has an innovative seal system that we have filed patents for. The film was distributed by Samuel Goldwyn Films. Thank you That's helpful. Somm: Into the Bottle Free with ads PG YouTube Movies & TV 162M subscribers Subscribe The history, politics, pleasure, and BS of wine told through opening ten very different bottles. A third film, SOMM 3, released in 2018. 50 YEARS AGO, I WAS 13. Silvia Altare talks about how her dad changed their future with oak. There are no further questions at this time. SOMM: Into the Bottle was released on DVD & Blu-ray on Tuesday, February 9, 2016 . Unfortunately, just as Wise's interrogation of the sommeliers in the first film rang dead, so too do these. Our entry into small appliances was highlighted with air fryer. And fifth, new leadership. Due to its success, we expanded its launch to Philippines, India, Japan, EMEA, showing similar success. 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. WOULD YOU LIKE TO SEE IT? Perhaps, no better showcase for our growth strategy was the success we had in Korea last year. So it's going really well. JUST SOMETHING A FAMILY DID ON A LARK ON A FAMILY VACATION. Months earlier, Joe Frassetta spotted a glass bottle there with a decades-old message inside. Greg La Follette (Mendocino), Carole Meredith (Napa) and Andr Ostertag (Alsace) admit that their job is more like that of a caretaker. OK. His reality is very different, his wine is no longer easy. 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. Adjusted EPS was lower due to lower sales volumes and margins mentioned above, coupled with a higher adjusted tax rate than in 2021. Yes. So we have a very supportive bank group with our -- across our negotiation process. Another interesting bit of history - the two World Wars put a major dent in the production of wine from France, Spain and Italy. For example, our 4.9 leverage ratio in the 2022 fourth quarter would have been 5.6 under the new formula. HOW ABOUT THAT? He is almost speechless. Yes. With the elimination of the virtual kits, we expect the pendulum to gradually swing back to business builders. Thanks for that, Miguel. Obviously, people are coming back to a new normality. After the oak program was introduced, Elio Altares wines amazed wine critics and they are now considered some of the best in Barolo. Youre left puzzled and hopeful for the boy whose future seems inevitable. He shared it with News 8, hoping to find who left it behind. The documentary goes into everything that was sorely missed in the first film: what is wine? Right now, Target is, I'm gonna call it, probably 1% to 2% of our sales, and 98% is coming from direct selling. The effective tax rate was unusually high in 2022, primarily due to the write-down of deferred tax assets that represented over 70% of our pre-tax income as well as jurisdictional mix of earnings. Thanks for that. I SHARED IT WITH NEWS 8, HOPING TO FIND WHO LEFT IT BEHIND. Ultimately, wine is something of a time capsule, especially when you age it for a long time. Doug Lane -- Vice President, Investor Relations and Strategy. Why do Sommeliers love Riesling so much? I do apologize. When you buy through links on our site, we may earn an commission. 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. Somm: Into the Bottle is a 2015 wine documentary and a sequel to SOMM (2013). 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. On this Wikipedia the language links are at the top of the page across from the article title. And if so, can you kind of wrap some color around what the magnitude of those increases might be? So actually, it was last week in China. And sorry, just one last one, and I apologize for being a hog. Whats the difference between expensive wine and cheap wine? Excited to spend into new channels of distribution, I'm cautiously optimistic that the surge of inflation in 2021 was behind us. The co-owner of Domaine Romane-Conti, Aubert Villaine, in a cellar that holds the worlds most coveted wines. "Everything that was said just started to add up. And those investments continue from time to time. Well, thank you very much for being with us this morning. Viewers are taken beyond the exam and down the wine (bottle) rabbit hole. A young woman sommelier by the name of Kelli White (an expert on historical California wines) opens a bottle of 1966 Mondavi. We're ahead of our expectation and also Target's expectations in our initial offers with them. 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. The four candidates appearing as themselves are Ian Cauble, Brian McClintic, Dustin Wilson and DLynn Proctor. Watch on Netflix or buy on itunes for $9.99. Last spring, we hired a new CFO to help us better navigate our turnaround plans. The film studies the role of wine in human history and its relationship to the land. First of all, the Nazis bombed many of the vineyards and wineries. 6.9 1 h 30 min 2018 16+. So as of today, we're confident that we will be able to operate without substantial doubt in 2023. Understood. Jean, whose family has been making Trimbach wines for 13 generations, opens a very rare bottle of 1962 Clos Sainte Hune and shares it with his son. [1] 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). And I told him, and I said, 'This has to be us,'" she said. Got it. Click Customize Cookies to decline these cookies, make more detailed choices, or learn more. I THINK ITS GREAT. The first film dwelt much to its detriment,I thought then and now on the grueling process by which these men earned their Master Sommelier certification. OK. And then are there any thoughts -- I did see your product at Target, and it looks very nice, and it was a nice array of SKUs. Yoon Ha thinks a basic hot dog is awesome with Beaujolais, and Madeline Puckette says Chili goes shockingly well with Spanish Cava. Rent 4,99 Buy 11,99 Trailers Trailer Cast & Crew Cast Ian Cauble - New at the best online prices at eBay! So have you done so well at Target that you're having trouble actually keeping the supply replenished? A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. They recognized the family's address and their own handwriting. We left wondering how it tasted. Jean Trimbach shares his familys greatest wine, a bottle of 1962 Clos Sainte Hune with his son. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are . 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. Dr. Rowald Hepp may be their winemaker, but he seems aware that he is simply part of the Schlosss history. WHAT? 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. SOMM: Into the Bottle 2015 1 h 30 m IMDb RATING 7.3 /10 1.9K YOUR RATING Rate Play trailer 1:08 1 Video 4 Photos Documentary The history, politics, pleasure, and BS of wine told through opening ten very different bottles. The talks recently came to a successful completion, and we appreciate the support our lenders continue to provide us even as market conditions became more difficult. You know, Learn More, Tupperware Brands(TUP -14.27%)Q42022 Earnings CallMar 01, 2023, 8:30 a.m. Advertisement. This, along with an improved service, should growth toward the second half of the year. He's launching some project called Viticole this year. We meet Jean-Louis Chave, the winery to know on Hermitage hill in the Northern Rhne (land of French Syrah). *Average returns of all recommendations since inception. 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. And the ones that we haven't taken or we traditionally take less than 5%, we're gonna take less than 5%. 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 co-founded Wine Folly to help people learn about wine. Second, we will continue to invest in our B2B efforts in retail and home TV shopping. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. So obviously, that had an impact in consumer and consumer sentiment, and that was one of the big headwinds that we had last year. This is arguably Australias most important wine and wine producer. 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. "[12], The film was named best documentary feature at the 2013 San Luis Obispo Film Festival. SOMM: Into the Bottle raises the curtain into the seldom seen world that surrounds the wine we drink. The way we saw it is that when it opened up, obviously, a lot of people got sick, right? Joining me today are Miguel Fernandez, president and CEO; and Mariela Matute, CFO. Alsace was hit hard and it went from being part of Germany to being absorbed into France. The Motley Fool has a disclosure policy. 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. The U.S. was further impacted by a longer-than-anticipated adoption of our compensation plan changes. We have plans to repeat that reduction in the coming quarters. So sit back, open a bottle and enjoy as we take you "into the bottle" and back again. 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. Do you like food? So it's a matter of time to get there. "Everything that was said just started to add up. Somm is a 2012 American documentary following the attempts of four candidates to pass the extremely difficult Master Sommelier examination, a test with one of the lowest pass rates in the world. 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". After all, the newsletter theyhave run for over a decade, Motley Fool Stock Advisor, has tripled the market.*. This is a sommeliers wine. Digital rental or purchase allows you to instantly stream and download to watch anywhere and anytime on your favorite devices. An echo resonates in a dingy cellar after a bottle of 1969 Dom Ruinart champagneone of only 19 bottles in the worldis popped. Madeline Puckette tells us the wine rating system was originally created to help consumers find great wines. While it's still early days, these initiatives help validate that our growth strategy to expand the consumer access to our products beyond the direction of distribution channel. And the other big change came from the little guys, so the guys that are just beginning. Our focus for 2023 in the U.S. will be twofold. THE MOORES CALL IT A MIRACLE TO ONCE AGAIN CATCH YOUR CHERISHED MEMORIES OF DAYS GONE BY. 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. StarringSilvia Altare Ian Cauble Fred Dame Aubert De Villaine Geoff Kruth Directed byJason Wise [CDATA[ In the summer, we hired a new executive vice president of supply chain to help us optimize our supply chain network and improve service levels. 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. One of the most notable individuals in American wines is Robert Mondavi and we follow his vision into reality with old footage. First, improve service both in product delivery and systems reliability. '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. Got it. Somm: Into the Bottle. Master Sommeliers Brian McClintic, Dustin Wilson and Ian Cauble return to Somm: Into the Bottle from the original to narrate the film, with McClintic handling a lot of the duties. Were in the Age of Food Talent. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. OK. And then can you just maybe give a little more color on the North American decline? The regular bottle goes for about $12K. We remain committed to rightsizing the business in further manufacturing and supply chain optimization. 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. Please also note that all references, unless otherwise noted, are being made on a continuing operations basis. Have you seen any incremental improvement? We follow Aubert de Villaine, the current winemaker/co-owner of DRC down a stone stairway into a dark room. For the next year, I will expect the tax rate to be higher, excluding these deferred tax assets write-down. By Brian D. Renner Jan. 25, 2016. But market conditions there remain uncertain. But you got to remember that our sales force, they normally -- on any given month, they sell over 200 different SKUs, whereas we have a very limited amount in Target. If you can remember, the first Somm film (2012) dives full force into the lives of four sommeliers as they struggle for the title of Master Sommelier. "[10] The NY Post praised the film for doing "..a fairly impressive job of making wine tasting somewhat cinematic despite its being essentially unfilmable. We believe we're still compensating pay friendly and competitively compared to other companies. Ian Cauble (from the 1st Somm film) opens his bottle of 1985 Elio Altare Barolo and tells us the story. But the passage of time has rendered these characters much more interesting. Good morning, everyone, and welcome to our fourth-quarter call. [6], The film received mostly positive reviews. Your next question comes from the line of Chasen Bender with Citigroup. Can you tell us what inventories were at the end of the quarter? 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? Thank you very much. We get to hear from some of the worlds top sommeliers about their favorite wine and food pairings. 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. Copyright 2023 Apple Inc. All rights reserved. And as we do that, it would take some time to match our tax structure to our countries where we are rapidly growing. For the full year 2022, dollar-reported sales declined 18% to $1.3 billion. That's us,'" Leonard Moore said. 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. MY NAMES LEONARD MOORE. The film's director Jason Wise last directed Somm. As such, we're building a new consumer-facing company within our legacy direct-selling consumer push company. By region, Asia Pacific declined 19% in local currency mainly related to lower recruiting and overall sports activity. //
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