Latest news with #RNDC
Yahoo
2 days ago
- Business
- Yahoo
Treasury Wine Estates details potential impact from California distribution change
Australian wine major Treasury Wine Estates says it expects a A$50m ($32.76m) hit from changing distributors in California on net sales revenue. In its full-year 2025 results today (13 August), the business said while the net financial hit from these changes was still "uncertain", at this point, the group anticipated "an adverse impact to Treasury Americas F26 operating plan NSR [net sales revenue] of approximately $50m". It said this reflected "the difference in business plans under the new and previous distribution arrangements, including adjusted shipment and depletion targets". The group had initially warned of a 'short-term disruption' from the distributor swap over following RNDC's departure from the Golden State, which was revealed in June. In July, the group then announced it had appointed Breakthru Beverage Group as its new distributor for the US state. Overall impact on net sales revenue and EBITS from the distributor shift "will remain uncertain until TWE finalises its transition planning and exit negotiations with RNDC in California," the Penfolds maker said today. "The outlook for modest EBITS growth in Treasury Americas in F26 is contingent on mitigating the impact of reduced shipments through the RNDC negotiations", the business said but added that it expected the EBITS impact would be "modest". In its full-year 2025 results, TWE saw group net sales revenue drop 1.1% on an organic basis but grow 7.2% in reported terms to A$2.9m. It attributed the performance to "strong" growth in its Luxury portfolio with Penfolds and the Daou wine brand in Treasury Americas market, which was "partly offset" by "lower" shipments of its Premium and Commercial brands. EBITS grew 175% in the full-year period to A$770.3m, while net profit after tax was up 341.8%, at A$436.9m. Total volumes were down 2.7% compared to the year prior at 21.3 million nine-litre cases. For its 2026 fiscal year, the group said it anticipated "low to mid double-digit EBITS growth" for Penfolds. "EBITS delivery is expected to be weighted to the second half, approximately 55%", it added. The 19 Crimes winemaker is also working towards achieving 15% EBITS growth in its fiscal 2027. In 2026, TWE said it also anticipates top-line decline for its 'Treasury Collective' (the new name for the group's "premium" wine division) "to moderate, on the path to stabilisation", as ongoing growth from its "priority brand portfolio" is expected to "partially mitigate continued declines in the Commercial portfolio". The Treasury Collective division includes the brands 19 Crimes, Cali by Snoop, and Squealing Pig, as well as "a portfolio of regional and Commercial brands", according to TWE. "Treasury Wine Estates details potential impact from California distribution change" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
31-07-2025
- Business
- Forbes
Desert Door Takes Sotol Distribution National
Desert Door has announced it will expand distribution to 46 states and Washington D.C. by the end of 2025. Courtesy Desert Door Desert Door, the Texas-based distillery behind one of the country's only domestically produced sotol, is scaling up in a big way. On July 28, the brand announced it will expand distribution to 46 states and Washington D.C. by the end of 2025—a milestone that could shift sotol from niche status to serious contender in the agave-adjacent spirits space. Backed by a new national alignment with Republic National Distributing Company (RNDC), the expansion is Desert Door's most aggressive push to date. The rollout begins this summer with Illinois, Indiana and Louisiana, and will continue in two waves through December, hitting other new markets like Kentucky, Washington and Hawaii. 'Aligning with RNDC represents a critical strategic milestone,' said Brent Looby, Desert Door CEO and co-founder, in a statement. 'Their expansive network and deep industry expertise are key to reaching new audiences nationwide. I genuinely believe that sotol will surpass mezcal in the market in the next five years, and I think we're one step closer to that today.' Sotol has been on the radar since the latter half of the 2010s, and Desert Door was one of the first movers. Founded in 2017, they long positioned sotol as a smoother, more sustainable alternative to tequila. Unlike agave, which is cultivated and harvested in painstaking cycles, plants of the genus Dasylirion ( the plant sotol is made from) grow wild in the arid regions of West Texas. It yields a spirit that's earthy, herbaceous, and smoky, with a unique taste that's less aggressive than some mezcals. Forbes Lenny Kravitz On What Inspired Him To Launch A Mexican Spirit That's Not Tequila Or Mezcal By Brad Japhe The spirit is not without controversy: like mezcal and tequila, which both enjoy protected Denomination of Origin status in Mexico, sotol can be produced only in Chihuahua, Coahuila and Durango. However, unlike its brethren, sotol lacks the backing of international trade agreements to enforce that D.O. across borders. That in turn has led to accusations from Mexican producers that American distillers are co-opting the spirit for their own financial gain. But while trade negotiators haggle over the issue (and Dasylirion continues to grow natively in Texas), Desert Door is in no danger of a label change any time soon. All of that brings us back to the expansion, which covers the company's three flagship expressions: Original Texas Sotol, Oak-Aged Texas Sotol (matured two years in new American oak), and Pollinator, an infused bottling featuring ten native Texas botanicals. The latter is part of the brand's conservation series, with proceeds supporting its nonprofit, Wild Spirit Wild Places. Beyond the RNDC deal, Desert Door has also partnered with Western wear brand Tecovas. Since April, Desert Door's Original Sotol has poured in Tecovas retail locations nationwide as part of an in-store bar program. It's a play that blends lifestyle and placement, reminiscent of early mezcal brand-building strategies. Forbes 3 Expert Tips For Amazing Sotol Cocktails By David Thomas Tao For Desert Door, the RNDC partnership isn't just about access. It's about both scale and category creation. Sotol has remained a regional curiosity despite its long history and compelling profile. This may be the first move with enough muscle to change that. By the end of September, Desert Door will be available in 31 states plus D.C. The remaining 15 are expected to follow before New Year's. Whether the American drinking public is ready to make room for the semi-new spirit remains to be seen—but this is certainly a step in that direction.
Yahoo
28-07-2025
- Business
- Yahoo
RNDC and Provi Finalize Settlement, Enter National Agreement to Enhance Retailer Connectivity
New integration will improve RNDC ordering experience for licensed retailers on Provi's B2B online marketplace GRAND PRAIRIE, Texas & CHICAGO, July 28, 2025--(BUSINESS WIRE)--Republic National Distributing Company LLC ("RNDC"), one of the nation's leading wine and spirits distributors, and Provi, the largest B2B digital marketplace for the beverage alcohol industry, reached a mutually satisfactory resolution of the lawsuit and are developing an integration that will allow retailers to place orders into Provi's digital platform. This collaboration will provide licensed retailers across U.S. markets served by RNDC with enhanced access to the distributor's portfolio via Provi's marketplace. The new integration aligns with RNDC's commitment to meet evolving customer needs and deliver the best-in-class omnichannel customer experience no matter where they start their journey. "Our purpose is to serve the evolving needs of our partners– our associates, suppliers, customers, and the broader industry," said Bob Hendrickson, President and CEO of RNDC. "This agreement reflects our continued focus on smart, practical innovation that enhances how we serve the industry. By partnering with Provi, we will give customers more flexibility in how they work with us, while maintaining the reliability and consistency they expect from RNDC." "We are excited to work alongside the RNDC team to advance our shared vision for the industry," said Taylor Katzman, Founder and CEO of Provi. "Provi and RNDC are committed to improving the beverage alcohol space while supporting the evolving needs of retailers and their distributor partners - within the framework of the three-tier system. This strategic relationship brings us closer to building a more efficient and connected industry." This integration will complement RNDC's existing eCommerce Platform eRNDC by adding Provi as an additional digital channel for accessing RNDC's portfolio. The integration will also allow retailers to submit orders directly to RNDC through Provi, offering greater flexibility and improving efficiency while preserving existing relationships and workflows. The RNDC-Provi integration is expected to roll out later this year reinforcing both companies' commitment to innovation, partnership, and customer-centric growth. ### About Provi ( Provi is the largest online B2B marketplace that simplifies the complex process of ordering wholesale alcohol by connecting buyers, distributors, and suppliers. Active in all markets throughout the U.S., Provi's robust online marketplace improves communication and efficiency between on- and off-premise buyers and distributors. Provi's suite of offerings also includes the Beverage Media properties with an industry legacy dating back to the repeal of prohibition, along with SevenFifty Daily, an award-winning industry publication discussing the beverage alcohol business and culture. For retailers looking to access RNDC's portfolio on Provi's marketplace, visit About Republic National Distributing Company As a leading national beverage distributor in wine and spirits, RNDC has established its reputation by bringing the industry's brightest talent together, consistently igniting opportunities for our suppliers, customers, and associates. Our expansive national reach empowers suppliers by building strategic relationships with on- and off-premise customers, elevating their brands and connecting them with their target consumers. Operating in the District of Columbia and 39 states across the United States, we are committed to being the most valuable partner to all we serve. With roots extending before Prohibition and a footprint spanning from local to national, digital to DTC, we are ushering in a new era of wine and spirits distribution within the three-tier system. At RNDC, we work in that rare space where commitment to craft meets unrelenting quality. Fueled by passion, we are raising the bar for beverage alcohol distribution—elevating spirits and sales across our value chain. To learn more, visit View source version on Contacts Media Contacts: Provi Kelley McGannDirector of Corporate (845) 494 - 3784 RNDC Kanchan KinkadeVP, Corporate Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
28-07-2025
- Business
- Business Wire
RNDC and Provi Finalize Settlement, Enter National Agreement to Enhance Retailer Connectivity
GRAND PRAIRIE, Texas & CHICAGO--(BUSINESS WIRE)--Republic National Distributing Company LLC ('RNDC'), one of the nation's leading wine and spirits distributors, and Provi, the largest B2B digital marketplace for the beverage alcohol industry, reached a mutually satisfactory resolution of the lawsuit and are developing an integration that will allow retailers to place orders into Provi's digital platform. This collaboration will provide licensed retailers across U.S. markets served by RNDC with enhanced access to the distributor's portfolio via Provi's marketplace. The new integration aligns with RNDC's commitment to meet evolving customer needs and deliver the best-in-class omnichannel customer experience no matter where they start their journey. 'Our purpose is to serve the evolving needs of our partners– our associates, suppliers, customers, and the broader industry,' said Bob Hendrickson, President and CEO of RNDC. 'This agreement reflects our continued focus on smart, practical innovation that enhances how we serve the industry. By partnering with Provi, we will give customers more flexibility in how they work with us, while maintaining the reliability and consistency they expect from RNDC.' 'We are excited to work alongside the RNDC team to advance our shared vision for the industry,' said Taylor Katzman, Founder and CEO of Provi. 'Provi and RNDC are committed to improving the beverage alcohol space while supporting the evolving needs of retailers and their distributor partners - within the framework of the three-tier system. This strategic relationship brings us closer to building a more efficient and connected industry.' This integration will complement RNDC's existing eCommerce Platform eRNDC by adding Provi as an additional digital channel for accessing RNDC's portfolio. The integration will also allow retailers to submit orders directly to RNDC through Provi, offering greater flexibility and improving efficiency while preserving existing relationships and workflows. The RNDC-Provi integration is expected to roll out later this year reinforcing both companies' commitment to innovation, partnership, and customer-centric growth. ### About Provi ( Provi is the largest online B2B marketplace that simplifies the complex process of ordering wholesale alcohol by connecting buyers, distributors, and suppliers. Active in all markets throughout the U.S., Provi's robust online marketplace improves communication and efficiency between on- and off-premise buyers and distributors. Provi's suite of offerings also includes the Beverage Media properties with an industry legacy dating back to the repeal of prohibition, along with SevenFifty Daily, an award-winning industry publication discussing the beverage alcohol business and culture. For retailers looking to access RNDC's portfolio on Provi's marketplace, visit About Republic National Distributing Company As a leading national beverage distributor in wine and spirits, RNDC has established its reputation by bringing the industry's brightest talent together, consistently igniting opportunities for our suppliers, customers, and associates. Our expansive national reach empowers suppliers by building strategic relationships with on- and off-premise customers, elevating their brands and connecting them with their target consumers. Operating in the District of Columbia and 39 states across the United States, we are committed to being the most valuable partner to all we serve. With roots extending before Prohibition and a footprint spanning from local to national, digital to DTC, we are ushering in a new era of wine and spirits distribution within the three-tier system. At RNDC, we work in that rare space where commitment to craft meets unrelenting quality. Fueled by passion, we are raising the bar for beverage alcohol distribution—elevating spirits and sales across our value chain. To learn more, visit
CBS News
08-07-2025
- Business
- CBS News
Layoffs announced in West Sacramento as wine distributor exits California
A major alcohol distributor preparing to leave California has alerted the state that more than a thousand layoffs are coming. Republic National Distributing Company announced in June that it was planning wind down business in the state. The impact of that move became clearer in July when RNDC filed a series of Worker Adjustment and Retraining Notification Act notices. In total, the company lists a total of 1,756 of layoffs expected in California. In West Sacramento, where RNDC acquired Young's Market Company in 2022, a total of 136 layoffs are listed. The layoffs and California exit comes as the wine industry as a whole faces a decline in sales.
