Welcome to our dedicated page for Duckhorn Portfolio news (Ticker: NAPA), a resource for investors and traders seeking the latest updates and insights on Duckhorn Portfolio stock.
Duckhorn Portfolio Inc (NAPA) maintains its position as a leader in premium wine production through strategic innovation and heritage craftsmanship. This dedicated news hub provides investors and industry observers with essential updates on the company's financial developments, operational milestones, and market initiatives.
Access timely press releases covering quarterly earnings, vineyard acquisitions, new product launches, and sustainability efforts. Our curated collection serves as a definitive resource for tracking Duckhorn Portfolio's performance in the competitive luxury wine market, offering insights into their brand strategy and quality-focused operations.
Key updates include executive leadership changes, distribution expansions, and recognition of winemaking excellence. All content is verified for accuracy and relevance to support informed analysis of the company's market position and growth trajectory.
Bookmark this page for streamlined access to Duckhorn Portfolio's official communications and third-party analyses. Regular updates ensure you maintain current awareness of factors influencing NAPA's stock performance and industry standing.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) reported a strong fourth quarter for the year ended July 31, 2022, with net sales of $78.0 million, a 10.0% increase from last year. Gross profit rose 14.4% to $39.3 million, resulting in a gross margin of 50.4%. Net income was $5.4 million, down from $7.4 million previously, while adjusted net income was $9.0 million. The company introduced fiscal year 2023 guidance, anticipating net sales between $393-$401 million, with adjusted EBITDA of $132-$137 million. Overall, Duckhorn’s performance reflects resilience amidst a dynamic market.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will report its fourth quarter and fiscal year results for the period ending July 31, 2022, on September 28, 2022, after market close. A conference call is scheduled for 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results. Investors can participate via phone or listen to a live webcast, which will be archived for 30 days. The Duckhorn Portfolio is recognized as North America's premier luxury wine company, with a diverse portfolio of renowned wineries and extensive vineyard holdings.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will attend the Barclays Global Consumer Staples Conference in Boston on September 7, 2022. A fireside chat is scheduled for 4:30 p.m. Eastern Time and can be accessed live via the Company’s investor relations website. Established in 1976, Duckhorn is a leading luxury wine company with a portfolio that includes ten wineries and over 1,100 acres of vineyards across renowned regions. Their wines range from $20 to $200 and are available in more than 50 countries.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) announced a secondary offering of 5,000,000 shares of its common stock by Mallard Holdco, LLC. The Selling Stockholder may also grant the underwriter a 30-day option to sell an additional 750,000 shares. No shares are being sold by Duckhorn itself, and all proceeds will go to the Selling Stockholder. Credit Suisse Securities (USA) LLC is the underwriter. The registration statement with the SEC is effective, and the offering will be conducted under standard market conditions.
The Duckhorn Portfolio reported third-quarter 2022 financial results, revealing net sales of $91.6 million, a 1.3% increase from the previous year. Net income rose to $15.6 million ($0.14 per diluted share) compared to $9.0 million in Q3 2021. Adjusted net income reached $19.2 million, up 11.5% year-over-year. Despite a decline in gross profit to $44.0 million, adjusted gross profit improved to $48.1 million. The company raised its Fiscal 2022 outlook for net sales and adjusted EBITDA, projecting $369.0 - $373.0 million in sales.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will report its third-quarter financial results for the period ending April 30, 2022, on June 2, 2022, after market close. A conference call is scheduled for 2:00 PM PT (5:00 PM ET) for management to discuss the results. Interested parties can dial in or access a live webcast via the investor relations website. The Duckhorn Portfolio is recognized as North America's premier luxury wine company, operating ten wineries and more than 1,100 acres of vineyards.
The Duckhorn Portfolio reported an 18.0% increase in net sales, reaching $98.7 million for the quarter ended January 31, 2022. Net income totaled $17.9 million, or $0.16 per diluted share, down from $22.0 million last year. Adjusted net income rose to $19.5 million, a 23.6% increase compared to the previous year. The company raised its fiscal year 2022 guidance, projecting net sales of $364.0 - $369.0 million and adjusted EPS between $0.55 and $0.58. However, increased expenses and share count were noted.
The Duckhorn Portfolio (NYSE: NAPA) announced the appointment of Gayle Bartscherer as the new Executive Vice President, Chief Marketing and DTC Officer. Bartscherer, who has over 20 years of experience in the wine industry, previously worked as SVP International Sales, Marketing and Business Development at Jackson Family Wines. Her expertise in brand management and marketing is expected to enhance Duckhorn’s direct-to-consumer (DTC) strategies and overall growth. Outgoing officer Carol Reber is recognized for her contributions in transforming Duckhorn into a leading luxury wine company.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will report its Q2 earnings for the period ending January 31, 2022, on March 10, 2022, post-market. A conference call to discuss these results will take place at 2:00 PM PT (5:00 PM ET). Investors can join by calling 844-200-6205 (U.S.) or 929-526-1599 (International) using code 928334. A replay will be available until March 24, 2022. The Company is North America's leading luxury wine provider, operating ten wineries and over 800 acres of vineyards. For more details, visit their investor relations website.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) announced its 2022 Annual Meeting of Stockholders will be virtual only due to COVID-19 concerns. Scheduled for January 18, 2022, at 9:30 AM Pacific Time, stockholders of record as of November 19, 2021, can participate via a virtual platform. Voting and questions will be facilitated through the meeting website. Previous proxy votes remain valid despite the format change. Duckhorn is recognized as a leading luxury wine producer in North America, encompassing several esteemed brands.
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