STOCK TITAN
  1. Home
  2. News
  3. NAPA

Duckhorn Portfolio Inc (The) - NAPA STOCK NEWS

Welcome to our dedicated news page for Duckhorn Portfolio (The) (Ticker: NAPA), a resource for investors and traders seeking the latest updates and insights on Duckhorn Portfolio (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Duckhorn Portfolio (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Duckhorn Portfolio (The)'s position in the market.

News
The Duckhorn Portfolio Announces Fiscal Second Quarter 2024 Financial Results
Rhea-AI Summary
The Duckhorn Portfolio, Inc. (NAPA) reported net sales of $103.0 million, flat year over year, with a 6% increase in net income and a 10% rise in adjusted EBITDA. The company's gross profit margin improved, and adjusted EBITDA margin increased by 400 basis points. Cash stood at $13.1 million with a leverage ratio of 1.9x net debt to adjusted EBITDA. The company updated its Fiscal Year 2024 guidance, expecting low-to-mid single-digit net sales growth in the second half.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.58%
Tags
earnings
-
News
The Duckhorn Portfolio to Report Fiscal Second Quarter 2024 Financial Results on March 7, 2024
Rhea-AI Summary
Duckhorn Portfolio, Inc. (NYSE: NAPA) will release Q2 financial results on March 7, 2024, hosting a conference call at 1:30 p.m. PT. Investors can join the call or access a replay via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
conferences earnings
-
News
The Duckhorn Portfolio Unveils Decoy Featherweight Sauvignon Blanc
Rhea-AI Summary
The Duckhorn Portfolio has launched Decoy Featherweight Sauvignon Blanc, a lower-in-calorie, lower-in-alcohol wine with 80 calories per five-ounce serving and 9% alcohol content. The wine is based on the same blend of premium grapes as the category-leading Decoy California Sauvignon Blanc and is line-priced at $20. The global no-alcohol and lower-in-alcohol market has grown from $8 billion in 2018 to $11 billion in 2022, with a projected 27.4% CAGR growth through 2027. Decoy currently produces the #1 $15+ domestic Sauvignon Blanc in the U.S. off-premise luxury category, according to Circana data for the 52-week period ending on 12/24/23. The wine begins shipping nationally and is available online at DecoyWines.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
Tags
none
News
The Duckhorn Portfolio Publishes its Fiscal Year 2023 Responsibility and Sustainability Report
Rhea-AI Summary
Duckhorn Portfolio, Inc. (NAPA) Releases Fiscal Year 2023 Responsibility and Sustainability Report
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
earnings
-
News
The Duckhorn Portfolio Announces Fiscal First Quarter 2024 Financial Results
Rhea-AI Summary
The Duckhorn Portfolio, Inc. (NYSE: NAPA) reported first quarter net sales of $102.5 million, a decrease of 5.2% compared to the prior year. The company's gross profit margin improved by 190 basis points, while net income was $15.5 million, down from $19.8 million in the prior year. Adjusted EBITDA was $34.7 million, representing a 2.7% decrease, with a 90 basis points improvement in the margin. Cash was $21.2 million as of October 31, 2023, and the leverage ratio was 1.7x net debt to adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.05%
Tags
earnings
-
News
Brown-Forman Agrees to Sell Sonoma-Cutrer Vineyards; Secures Equity Ownership in The Duckhorn Portfolio, Inc.
Rhea-AI Summary
Brown-Forman (NYSE: BFA, BFB) announces that The Duckhorn Portfolio, Inc. will acquire Sonoma-Cutrer Vineyards and related brand trademarks, with Brown-Forman receiving an ownership percentage of approximately 21.5% in The Duckhorn Portfolio and $50 million USD. The transaction is expected to close in the fourth quarter of fiscal year 2024. The Duckhorn Portfolio's acquisition of Sonoma-Cutrer enhances its luxury wine portfolio, with Brown-Forman maintaining a presence in the wine category while focusing on building premium and super-premium spirits brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
none
News
The Duckhorn Portfolio Announces an Agreement to Acquire Sonoma-Cutrer Vineyards
Rhea-AI Summary
NAPA: Duckhorn Portfolio to Acquire Sonoma-Cutrer Vineyards for $400 Million. The Duckhorn Portfolio, Inc. (NYSE: NAPA) announced the acquisition of Sonoma-Cutrer Vineyards, a leading luxury Chardonnay winery, for $400 million in stock and cash. Sonoma-Cutrer, known for its refined style and innovative winemaking techniques, owns six estate vineyards and sells luxury wine across the U.S. This acquisition will position The Duckhorn Portfolio as a leading luxury wine company in the U.S., enhancing its Chardonnay portfolio. Sonoma-Cutrer's strong growth and renowned wines align with The Duckhorn Portfolio's focus on excellence in winemaking. The transaction is expected to be accretive to Adjusted Earnings per Share in the first full fiscal year following the closing of the deal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.49%
Tags
acquisition
-
News
The Duckhorn Portfolio to Report Fiscal First Quarter 2024 Financial Results on December 6, 2023
Rhea-AI Summary
Duckhorn Portfolio, Inc. (NYSE: NAPA) to report Q1 financial results on December 6, 2023, after market close. Conference call scheduled for 1:30 p.m. PT (4:30 p.m. ET). Investors can participate via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
conferences earnings
-
News
Dutch Bros Inc. Reports Third Quarter 2023 Financial Results and Announces Two New Directors
Rhea-AI Summary
Dutch Bros Inc. (NYSE: BROS) Reports Record Revenue of $265 million, a 33% Increase Year-over-Year and 39 New Systemwide Shop Openings in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
management earnings
News
The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Rhea-AI Summary
The Duckhorn Portfolio, Inc. reported strong financial results for Q4 2023, with net sales increasing by 28% to $100.1 million. Gross profit margin improved by 480 basis points to 55.2%. Net income was $17.8 million, a significant increase from $5.4 million in the prior year period. Adjusted EBITDA also saw a substantial increase of 54% to $34.2 million. The company provided guidance for Fiscal Year 2024, expecting net sales of $420-430 million and adjusted EBITDA of $150-155 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.2%
Tags
earnings
Stock NAPA logo
Duckhorn Portfolio Inc (The)

NYSE:NAPA

NAPA Rankings

#2450 Ranked by Market Cap
#3846 Ranked by Stock Gains
N/A Ranked by Dividends

NAPA Stock Data

948.66M
41.81M
3.52%
98.85%
4.09%
Wineries
Manufacturing
Link
United States
Saint Helena