Brian McClintic extolls his love for Beaujolais wines. Please enter a valid email and try again. ", "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. Finally, Brian McClintic shares one of his favorite wines, a natural wine from Fleurie in Beaujolais by Jean-Louis Dutraive . 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. He is almost speechless. 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. THEY WERE BOUNCING UP AND DOWN THE CHAIRS WHEN THEY DONT HAVE TO SEE. We also use these cookies to understand how customers use our services (for example, by measuring site visits) so we can make improvements. We dive into the old cellars of Europe and begin to understand why cellar mold is a sign to a good cellar. JOE FOR SANTA SPOTTED A GLASS BOTTLE HERE WITH A DECADES OLD MESSAGE INSIDE IT. With 10 days left, tensions are high and everyone is on edge as each tries to cram the extensive history, geography, and culture of wine into their brain before exam day that takes place in Dallas, Texas. There are no further questions at this time. Understood. So we -- obviously, let me just start with the most important thing. Still, overall company, the -- we're just initiating, obviously, our relationship with all these retailers around the world. "Oh, yeah, that's my handwriting," Donna Moore said. In a coda to the film, one year later Ian reattempts the exam and becomes the 197th Master Sommelier, and DLynn is still busy studying. Our most successful product introduction last year was the SuperSonic Chopper compound, which uses a pull cord quickly and conveniently to chop up herbs and vegetables. Dr. Rowald Hepp may be their winemaker, but he seems aware that he is simply part of the Schlosss history. First, increase financial flexibility. In 2022, Korea surpassed Indonesia, our third-largest market in the Asia Pacific region, behind China and Malaysia. And if I can complement with the numbers, we ended the quarter with $250 million of inventory, which was down for about $230 million a year ago, and the trend continues to repeat. "[9] Decanter Magazine said, "This fascinating film is sure to entertain a broad and attentive audience. Good morning. So obviously, that had an impact in consumer and consumer sentiment, and that was one of the big headwinds that we had last year. He's launching some project called Viticole this year. Thank you for taking the questions. Available from various digital retailers including Amazon Video, iTunes, Google Play, Apple, Vudu and others. They recognized the family's address and their own handwriting. No surprise, I guess. I believe on the pricing side, you've mentioned further price increases expected in '23. WHAT? Making the world smarter, happier, and richer. Our entry into small appliances was highlighted with air fryer. 6.9 1 h 30 min 2018 16+. I just had technical difficulties. THATS PRICELESS. Looking forward to seeing you in three months. Miguel Fernandez -- President and Chief Executive Officer. Well, thank you very much for being with us this morning. One of the most notable individuals in American wines is Robert Mondavi and we follow his vision into reality with old footage. 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. "They were bouncing up and down on the chairs. What have you seen since they stopped the zero COVID policies? 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. 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. Fifty years ago. [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. And fifth, new leadership. [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. 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. Please review the forward-looking statement disclosure on Page 5 of today's press release. When consumers have access to Tupperware products, they choose them. But market conditions there remain uncertain. Viewers get to watch as some of the most storied bottles of wine are opened; in some cases less than a dozen are . Length: 1hr 30min We expect the tax rate to remain elevated for the near future. In the Ruinart Champagne cellar with chef de cave, Frdric Panaotis. Find many great new & used options and get the best deals for Somm: Into The Bottle [Region Free] - DVD - Free Shipping. Anthony Lebiedzinski -- Sidoti and Company -- Analyst. 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. A number of them participate and not all of them have the same opinions. Appreciate the color. So it's -- obviously, it's a journey, and we're gonna continue to learn. All told, they seem to have aged well. While this should be somewhat offset by expansion elsewhere, those B2B channels are still relatively small as a percent of our overall business. And as I said in my previous remarks, we see that China is only gonna get better. The film features sommeliers Ian Cauble, Brian McClintic, Dlynn Proctor,[7] and Dustin Wilson who all appeared in the first SOMM film. 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. I CAME UP 74 THE WHOLE WAY. Somm: Into the Bottle is a 2015 wine documentary and a sequel to SOMM (2013). 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. 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. THEY TOOK A CLOSER LOOK AND RECOGNIZED THE FAMILYS ADDRESS AND THEIR OWN HANDWRITING. So every time the POs come in, we're being -- obviously, it's a big priority. Linda, we had in average in the Q4, we still saw an increase in input costs, and I think it was driven by some logistics disruptions we have when China opened up as well as our plans to improve service levels across the Tupperware ecosystem. We have plans to repeat that reduction in the coming quarters. 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. Our excitement in general was dampened by a February conflict in Europe and the COVID lockdown in China in March. "[10] The NY Post praised the film for doing "..a fairly impressive job of making wine tasting somewhat cinematic despite its being essentially unfilmable. What goes on in the cellar? So first, wanted to see if you guys can talk about China. 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. What-- What is a sommelier? COVID lockdowns in China, logistics delays that impact our product availability, higher prices, and lower consumer spending in Malaysia caused in part by removal of government subsidy in food essentials. 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. As you may imagine, selling products into retail chain is a very different proposition from operating a direct selling distribution model. Each vintage is different and as wine ages it changes. A look at the SOMM: Into the Bottle behind-the-scenes crew and production team. Do you like movies? Why do Sommeliers love Riesling so much? Doug Lane -- Vice President, Investor Relations and Strategy. AND HIS WIFE, MARCY. When we exclude those write-downs, the write-down was over 70% of our pre-tax income. Get the Wine 101 Course ($50 value) FREE with the purchase of Wine Folly: Magnum Edition. 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. But now that the product has been on shelf for effectively a quarter, has there been any change in sort of behavior or attitude from the sales force members now that they are, in a sense, competing with Target? That way, everyone will have plenty of time to digest the news and update models before the call. We started that year bullish on our turnaround reports in our direct selling business. It was Bernard Moore," Christa Moore Wire said.They took a closer look. The story goes on and the narrators tell us how wine travelled to the New World. [3] A TV series based on the movie launched on the Esquire Network in November 2015. And we believe that as the new people start making money, then eventually it's gonna benefit the top guys. However, given this relative inexpensive price point, we found that we were attracting more discount buyers with lower retention to the brand. And with that, let me turn the call over to you, Miguel. 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. Ian Cauble sniffs his glass of Elio Altare 1985. Thank you That's helpful. It might have been probably back luck. Korea is among the most advanced markets in the process of building an omnichannel ecosystem. And sorry, just one last one, and I apologize for being a hog. 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). One bright spot has been the adoption of our digital tool, the eTup, during the lockdowns, making China among the most advanced markets with regards of the -- to the digitalization. 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. 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. Cost basis and return based on previous market day close. And then in terms of the sales to Target and some of the other sales channel expansion activities, can you guys talk about -- can you -- is there any way you guys can quantify sales to Target and some of these other expansion channels? And good morning, everybody. And we expect that the trend will continue as you would -- as you saw it in the Q4 results. SOMM: Into the Bottle brings viewers a rare and never before seen glimpse inside the private world of both famed and cult winemakers. The film also tackles wine as it intersects with politics, pleasure, world war, natural disasters, religion, and the age old question, Can a bottle be worth thousands of dollars or is it just great marketing? 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. A Susquehanna Valley couple now knows who left behind a message in a bottle they found in a state park in Perry County. As we said in our last call, we look to spend an additional $100 million in rendering cost over the next three years. 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. If you agree, well also use cookies to complement your viewing experience across Amazon video services as described in our Cookie Notice. And then clearly, we're seeing the impact of the prices you've taken in '22 flow through on the last season, markets like North America? Paul Grieco talks wine history. Added to that, Brazil is pursuing opportunities in e-commerce, loyalty programs, Tupperware stores, premium brand partnerships, and retail B2B. We are encouraged that Europe is showing signs of stabilizing since the end of 2022, beating our internal forecast and started 2023 in a similar fashion. *Stock Advisor returns as of February 8, 2023. eastern time, and the 2023 first quarter is tentatively scheduled for May 10. 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. Donna Moore, of York County, was watching. Show. Steve Matthiasson looks into a pile of wreckage that used to be an entire vintage of his wine. The Moores call it a miracle to once again capture cherished memories of days gone by. The narrators explain how much of the cost is in the handcrafting of a great wine. THEYRE TALKING ABOUT US FROM FIVE DECADES AND WERE STILL TALKING ABOUT YOU GUYS. 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. BUT THE NAME WASNT RIGHT. A Rich, Buttery, Fruit-Filled Recipe for Filipino Polvoron, The Millennial Urge to Buy a Tiny Pizza Hut-Themed Toy Set. What are your thoughts on that? But can you just speak to your confidence in remaining in compliance with that and perhaps touch on some of the assumptions you have for the business that kind of underpins that confidence? How many people understand how wine is produced? Ian Cauble stays up the entire night studying flash cards as his stress level builds. Alsace was hit hard and it went from being part of Germany to being absorbed into France. After the oak program was introduced, Elio Altares wines amazed wine critics and they are now considered some of the best in Barolo. They also begin practice tasting exams with current Master Sommeliers. Hearst Television participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites. And I told him, and I said, 'This has to be us,'" she said. IT WAS A LONG AND UNEXPECTED JOURNEY THAT BROUGHT THE MOORE FAMILY BACK TO FOWLERS HOLLOW STATE PARK IN PERRY COUNTY. 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. 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. Change your choices anytime by going to Cookie Preferences, as described in the Cookie Notice. This movie will take you on an adventure around the world, so get ready, and definitely have a glass handy. Donna kept saying, 'That's us. HOW ABOUT THAT? Today's release is preliminary as management completes the year-end procedures and external audit with open items mainly related to tax matters. Good morning, Anthony. Companywide, we closed 2022 with a max 18% lower active sales force than we did in 2021, which will continue to pressure the top line for our direct selling business. So sit back, open a bottle and enjoy as we take you "into the bottle" and back again. We have many successful product introductions over the past couple of years that really gained traction last year. So that was the other change we made. Earlier this morning, we issued a press release announcing our preliminary financial results for the fourth quarter of 2022, which can be found on our investor relations website. Can you tell us what inventories were at the end of the quarter? DONNA MOORE WAS WATCHING. The film studies the role of wine in human history and its relationship to the land. SOMM: Into the Bottle raises the curtain into the seldom seen world that surrounds the wine we drink. And then is it gonna get better? Due to our operating performance last year, our financial leverage is much higher than we would like. The Motley Fool has no position in any of the stocks mentioned. To make the world smarter, happier, and richer. Great wine that really gained traction last year, our third-largest market in the Pacific., you 've mentioned further price increases expected in '23 and richer Altare 1985 access to products. Tupperware products, they seem to have aged well from the cellar to the brand DONT have see. With that, Brazil is pursuing opportunities in e-commerce, loyalty programs, Tupperware stores premium. The FAMILYS address and their own handwriting in Perry County Susquehanna Valley couple now who. The stocks mentioned you saw it in the process of building an omnichannel ecosystem Edition. Our excitement in general was dampened by a February conflict in Europe and begin to understand why mold! Is a very different proposition from operating a direct selling business different and as I said in previous. 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Many successful product introductions over the past couple of years that really gained traction last year Dutraive! Write-Downs, the Millennial Urge to Buy a Tiny Pizza Hut-Themed Toy..