Shares in Virgin Wines (LON:VINO) plunged after the online wine retailer lowered FY26 guidance due to a ‘challenging consumer market’ and cost pressures. The company also warned it will remain loss-making in FY27 due to the financial impact of investing in a new warehouse. These downgrades overshadowed an otherwise positive trading update from Virgin Wines. … Continue reading Virgin Wines uncorks downgrades as consumer confidence dips