Naked Wines narrows losses despite sales dip - Retail Gazette

Naked Wines membership declines in UK and US but Australia sees growth - InternetRetailing

In both the UK and US, membership continues to decline for Naked Wines. However, the company says it sees encouraging signs in its subscription model, particularly in Australia, where it has returned to growth after two years of decline. Expanding on the decline, Naked Wines’ chief financial officer Dominic Neary said it was a natural consequence of the pandemic and that recent membership has been more consistent. “Data from the last few years s…

Naked Wines FY losses narrow to £4.9m

Naked Wines has narrowed its statutory pre-tax loss by 70%, from £16.3m to £4.9m, for the year ended 31 March. This comes despite the specialised wine retailer’s revenues falling 14% to £250.2m during the period, which was reportedly in line with management expectations.  Meanwhile, adjusted EBITDA – excluding costs from stock clearances – stood at £6.7m at the end of March, down from £8.7m a year prior.  According to the retailer, it had made “…

Naked Wines narrows losses despite sales decline - Grocery Gazette - Latest Grocery Industry News

Naked Wines reported an improved performance in the fiscal year ended on 31 March 2025, posting results in line with previous guidance. Sales reduced 14% year-over-year to £250.2m, while gross…

Naked Wines narrows losses despite sales dip - Retail Gazette

Naked Wines has narrowed its operating loss for FY25 while continuing to execute its turnaround plan, despite a 14% drop in sales year-on-year. The online wine retailer posted an operating loss of £3.3m for the year ended 31 March 2025, a marked improvement from the £11.8m loss reported in FY24. Adjusted EBIT was a loss of £2.0m, down from a £5.0m profit the previous year, reflecting ongoing investments and costs related to inventory liquidation…