Crimson Wine Group, Ltd (CWGL) Crimson Wine Group, Ltd. (CWGL), a corporation established in 1991 and headquartered in Napa, California, specializes in the crafting and commercialization of wines. Operating through its various subsidiaries, the company organizes its activities into two core segments: Wholesale and Direct to Consumer. Domestically, its wines are distributed via independent wine and spirit distributors throughout the United States. Internationally, the company collaborates with independent importers and brokers to reach global markets. Crimson Wine Group's extensive brand portfolio features acclaimed labels such as Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines. Its products are exported to 30 countries worldwide. The company previously operated under the name Leucadia Cellars, Ltd., before officially changing to Crimson Wine Group, Ltd. in November 2007.
Sector: Beverages
Industry: Beverages - Wineries & Distilleries
Crimson Wine Group, Ltd. OTC:CWGL Consumer Defensive · Beverages - Wineries & Distilleries
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News
Crimson Wine Group (OTCMKTS:CWGL) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?
defenseworld.net • 1mo ago News
Crimson Wine Group (OTCMKTS:CWGL) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?
defenseworld.net • 2mo ago News
Crimson Q2 Loss Widens Y/Y Despite Revenue Growth of 20%
zacks.com • 2mo ago SEC Filing ⚠ 7
CWGL: 10-Q · periodic report
Crimson Wine Group's second-quarter 2026 net sales rose 20% year over year to $20.5 million, driven by a 38% jump in wholesale shipments following the February 2026 acquisition of the Raeburn assets, while the quarterly net loss widened to $346,000 from $131,000 as net interest expense climbed to $546,000 on acquisition borrowings.
The Raeburn transaction closed February 9, 2026 at a $35.2 million purchase price and $37.5 million total cost basis, funded with cash on hand and $29.0 million drawn on the company's $60.0 million revolving credit facility with American AgCredit. The step-up in acquired inventory cost cut wholesale margins by 631 basis points in the quarter and will keep pressuring margins until that inventory sells through.
The company disclosed that a key distributor filed for voluntary chapter 11 bankruptcy in July 2026; Crimson was owed approximately $2.3 million net at June 30 with no reserve recognized, while owing the distributor $1.1 million. Direct-to-consumer sales fell 5% in the quarter on fewer wine club memberships and lower tasting room spend.
Cash declined to $11.8 million from $20.6 million at year-end and total debt more than doubled to $36.8 million, though Crimson remains in compliance with all debt covenants and retains $38.0 million of available revolver capacity.
SEC 10-Q • 2mo ago AI analysis › SEC Filing
CWGL: 8-K · proxy statement
Crimson Wine Group, Ltd. filed a current report to disclose the voting results from its Annual Meeting of Stockholders held on July 23, 2026. The filing details the outcomes regarding the election of directors and the ratification of the independent registered public accounting firm.
Stockholders elected all seven nominees to the Board of Directors. Additionally, the ratification of BPM LLP as the independent auditor for the fiscal year ending December 31, 2026, was approved.
SEC 8-K • 2mo ago SEC Filing
CWGL: SCHEDULE 13D/A · ownership disclosure
Crimson Wine Group, Ltd. filed an amendment to its Schedule 13D on June 1, 2026. The filing includes a joint filing agreement signed by John D. Cumming, David Cumming, and Catherine Handley on behalf of the Ian M. Cumming Charitable Lead Annuity Trust.
The agreement confirms that these parties are jointly responsible for the timely filing of the Schedule 13D regarding their acquisition or disposition of Crimson Wine Group common stock. This procedural update maintains the transparency of the Cumming family's controlling interest in the company.
SEC SCHEDULE 13D/A • 4mo ago AI analysis › SEC Filing
CWGL: DEF 14A · proxy statement
Crimson Wine Group, Ltd. filed a definitive proxy statement for its 2026 annual meeting of stockholders, scheduled for July 23, 2026. The filing seeks stockholder approval for the election of seven incumbent directors and the ratification of BPM LLP as the independent auditor for the fiscal year ending December 31, 2026.
The proxy discloses that as of the record date, there were 20,586,027 shares of common stock outstanding. Major stockholders include Chairman John D. Cumming (17.6%), Director Joseph S. Steinberg (16.5%), and The Ian M. Cumming Charitable Lead Annuity Trust (11.7%).
Executive compensation data shows CEO Jennifer L. Locke received total compensation of $580,763 in 2025, consisting primarily of base salary and performance-based incentives. The company reported net income of $613,000 for the fiscal year ended December 31, 2025.
SEC DEF 14A • 4mo ago News
Crimson Wine Q1 Loss Narrows Y/Y as Sales Rise on Raeburn Deal
zacks.com • 5mo ago 
