Company Quick10K Filing
Truett-Hurst
10-Q 2018-12-31 Filed 2019-02-14
10-Q 2018-09-30 Filed 2018-11-20
10-K 2018-06-30 Filed 2018-10-15
10-Q 2018-03-31 Filed 2018-05-15
10-Q 2017-12-31 Filed 2018-02-14
10-Q 2017-09-30 Filed 2017-11-20
10-K 2017-06-30 Filed 2017-10-13
10-Q 2017-03-31 Filed 2017-05-11
10-Q 2016-12-31 Filed 2017-02-14
10-Q 2016-09-30 Filed 2016-11-14
10-K 2016-06-30 Filed 2016-09-28
10-Q 2016-03-31 Filed 2016-05-13
10-Q 2015-12-31 Filed 2016-02-12
10-Q 2015-09-30 Filed 2015-11-13
10-K 2015-06-30 Filed 2015-09-28
10-Q 2015-03-31 Filed 2015-05-15
10-Q 2014-12-31 Filed 2015-02-13
10-Q 2014-09-30 Filed 2014-11-13
10-K 2014-06-30 Filed 2014-09-29
10-Q 2014-03-31 Filed 2014-05-15
10-Q 2013-12-31 Filed 2014-02-14
10-Q 2013-09-30 Filed 2013-11-14
10-K 2013-06-30 Filed 2013-09-27
8-K 2019-03-08 Exhibits
8-K 2019-02-13 Earnings, Exhibits
8-K 2018-12-31 Exhibits
8-K 2018-12-21 Enter Agreement, Off-BS Arrangement
8-K 2018-11-19 Earnings, Exhibits
8-K 2018-10-15 Earnings, Exhibits
8-K 2018-10-09 Officers, Amend Bylaw, Exhibits
8-K 2018-08-13 Enter Agreement, Leave Agreement, M&A, Officers, Other Events, Exhibits
8-K 2018-07-11 Officers
8-K 2018-05-30 Officers, Shareholder Vote
8-K 2018-05-15 Earnings, Exhibits
8-K 2018-04-27 Officers, Other Events, Exhibits
8-K 2018-04-12 Officers, Exhibits
8-K 2018-03-29 Officers
8-K 2018-02-14 Earnings, Exhibits

Truett-Hurst Financials

THST Metrics, Comps, Filings

Quarterly | Annual

Business

Truett-Hurst Inc. is a holding company incorporated in 2012 as a Delaware corporation and our sole asset is a controlling equity interest in H.D.D. LLC (the "LLC"). Unless the context suggests otherwise, references in this report to "Truett-Hurst," the "Company," "we," "us" and "our" refer to Truett-Hurst, Inc. and its consolidated subsidiary. Truett-Hurst consolidates the financial results of the LLC and records a noncontrolling interest for the economic interest in the LLC it does not own. Our amended and restated certificate of incorporation authorizes two classes of common stock, Class A common stock and Class B common stock.

On October 8, 2017 and for several days thereafter, significant wildfires broke out in Napa, Sonoma, and surrounding counties in Northern California. Certain of our inventory, primarily juice pressed from grapes picked during the 2017 harvest and maintained at outside production and storage facilities, was damaged due to smoke taint during the barrel aging process. We filed a claim with our insurance carrier, who performed testing on samples sent to its labs in June 2018. The results indicated positive for exposure, and as a result we received $1.9 million in insurance proceeds in June of 2018.

On August 13, 2018, we entered into an Asset Purchase Agreement (the "Purchase Agreement") with Precept Brands LLC, a Washington limited liability company ("Precept") pursuant to which we have sold certain assets comprising our wholesale wine business (the "Wholesale Business") to Precept (the "Precept Transaction"). See Note 3 "Discontinued Operations", and Note 12 "Subsequent Events".


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
United Breweries (CCU) 9,389,068 0% 2,405,864,916 1,016,748,973 0 0 0 0 -54,917,361
Boston Beer (SAM) 4,270,360 48% 21.9 12% 1,016,176 297,196 1,234,115 588,326 118,090 193,760 4,243,232
Coca Cola Bottling (COKE) 2,834,819 34% 21.1 -0% 3,118,718 2,637,611 4,784,171 1,637,958 -152 182,911 3,856,173
National Beverage (FIZZ) 2,043,924 36% 10.8 21% 566,815 167,302 975,984 354,519 118,141 167,809 1,810,057
Cott (COT) 1,688,979 51% 13.3 -0% 3,320,800 2,178,900 2,393,500 1,212,400 -5,200 209,800 2,788,379
MGP Ingredients (MGPI) 884,726 21% 16.4 12% 307,020 87,600 375,132 80,580 37,668 56,140 922,135
New Age Beverages (NBEV) 219,950 62% 16.5 -4% 313,676 163,629 194,483 120,521 -12,397 10,492 172,635
Craft Brew Alliance (BREW) 267,658 32% 67.5 -2% 262,048 130,489 163,932 52,774 -5,978 4,285 289,228
Celsius Holdings (CELH) 230,732 42% 17.7 15% 74,422 11,085 51,031 21,209 11,144 11,906 210,200
Reed's (REED) 43,836 27% -3.8 -73% 16,901 19,109 26,669 7,279 -12,289 -11,330 42,820
Castle Brands (ROX) 76,173 39% -162.2 10% 84,950 65,767 95,373 37,155 8,419 -464 75,322
Eastside Distilling (EAST) 46,346 35% -6.3 -25% 37,738 23,942 12,685 4,424 -9,436 -7,967 50,382
Willamette Valley Vineyards (WVVI) 35,993 62% 4.2 9% 66,611 17,412 17,548 10,843 5,760 8,234 34,848
China New Borun (BORN) 18,779 0% 3,116,021 1,109,680 0 0 0 0 -605,432
Liquid Media Group (YVR) 12,151 0% 15,577 5,500 0 0 0 0 11,576
Truett-Hurst (THST) 8,519 22% 3.6 3% 18,117 2,454 9,976 2,173 583 1,356 4,900
Coca-Cola European Partners (CCEP)
Mexican Economic Development (FMX) 0% 576,381,000 240,839,000 0 0 0 0 -31,768,000
Constellation Brands (STZ) 47% 8.4 3% 27,555,100 15,864,100 8,813,700 4,136,800 772,000 1,516,700 12,797,700
Coca Cola FEMSA (KOF) 0% 263,787,000 132,037,000 0 0 0 0 -7,778,000

Balance Sheet ($'000)2013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-31
Cash7,4995,1175,5674,7522,9132,0722,7695,0174,8704,0434,32426542783262612922785,5543,619
Accounts Receivable2,5572,5233,3003,9592,2942,3493,5873,6191,7222,6783,8902,0111,9851,9323,6372,5503,3319181,158
Inventory17,35017,18417,17923,66021,95222,26924,25720,15019,79119,91821,66619,75519,33620,60921,20222,27520,7625,8266,1626,194
PP&E6,8576,8636,9397,3357,5337,5187,7947,8317,7037,7257,8707,6847,7567,9968,4989,5089,7669,6969,8309,977
Assets34,87935,56034,32839,51734,55735,07137,56535,92134,22433,50536,52028,17528,77030,03832,67533,09732,20231,18219,90318,117
Accounts Payable1,9812,0202,7464,3682,3762,4022,8552,2401,6191,3514,0551,4923,0241,9944,1704,6693,272409692911
Long-Term Debt3,5803,9433,8603,7773,8183,7244,0363,8693,7673,6643,8753,7493,6223,4933,6833,0202,8743,235
Liabilities15,48216,45715,91021,11216,76217,62621,43219,23617,61817,28419,65011,32111,91513,89216,75817,82117,37915,7422,6662,454
Stockholders' Equity7,72110,14510,06610,1039,8369,6919,1409,4589,46810,19810,61010,61910,59810,43510,39310,0249,84510,23211,37610,459
Income Statement ($'000)2013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-31
Revenue5,9965,1605,5156,4827,8866,1526,8158,5064,9066,0035,8866,7165,3404,5746,1905,7016,5231,5981,855
Cost of Revenue3,8753,4083,7484,0475,2043,7234,4715,8663,1864,2244,0563,7003,3183,2404,1453,8584,215-9,717501856
Gross Profit2,1211,7521,7672,4352,6822,4292,3442,6401,7201,7791,8302,1462,0221,3342,0451,8432,308-2,2261,096995
R&D
SG&A1,9871,9902,3142,5082,9832,7402,4912,1031,7382,1792,0362,0861,8771,9722,2442,4322,886-3,7151,7972,647
Tax32-111-81211320-111111011000
Net Income148-184-351-100-390-260-212505-93-17255436355-354-176-409-4093451,629-982
Cash Flow ($'000)2013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-31
Cash Operating-1,530-661-1,135-868332,367-9346461,0661,328-2,389-750761-307-9582,423
Cash Investing-60-423-312-117-300-119-45-299-85-115-220-519-1,027-267-92
Cash Financing-792269-3921441,357101152-66-5,279-6972,850512501605-1,118-11,297