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 reported strong Q1 2022 results, with net sales of $104.2 million, a 13.7% increase year-over-year. Gross profit rose to $52.4 million, an 18.3% increase, and the net income reached $21.3 million, or $0.18 per diluted share. Adjusted net income was $23.5 million, up 32.0% compared to the previous year. The company reaffirms its fiscal 2022 guidance with projected adjusted EPS between $0.54 and $0.57. The robust performance reflects ongoing strength in distribution and a favorable product mix.
The Duckhorn Portfolio, Inc. (NYSE:
The Duckhorn Portfolio has announced a public offering of 12,000,000 shares at $20.50 each, set to close on October 19, 2021. All shares are being offered by selling stockholders, with no proceeds going to Duckhorn. Additionally, underwriters have a 30-day option for an extra 1,800,000 shares. The SEC declared the related registration statement effective on October 14, 2021. J.P. Morgan, Credit Suisse, and Jefferies lead the offering, which will be conducted via a prospectus.
The Duckhorn Portfolio, Inc. (NYSE:NAPA) announced a public offering of 12,000,000 shares of its common stock by certain stockholders, with a 30-day option for underwriters to purchase an additional 1,800,000 shares. Notably, Duckhorn will not receive proceeds from this sale. J.P. Morgan, Credit Suisse, and Jefferies are leading the offering. A registration statement has been filed with the SEC but is not yet effective, meaning these shares cannot be sold until it is approved. The offering is dependent on market conditions.
The Duckhorn Portfolio reported a strong fourth quarter with net sales of $70.9 million, up 35.7% year-over-year. Net income increased to $7.4 million, with adjusted net income at $9.2 million. Gross profit reached $34.4 million, a 32.7% rise versus the prior year. Adjusted EBITDA stood at $18.4 million, reflecting a 3.4% increase. For fiscal year 2022, guidance presents expected adjusted EPS between $0.54 and $0.57, amid increased share count and public company costs.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will report its fourth-quarter and fiscal year results ending July 31, 2021, on October 4, 2021, after market close. A conference call to discuss these results is scheduled for 2:00 p.m. Pacific Time. Investors can participate by dialing 833-329-1692 (U.S.) or 639-380-0038 (international). A replay will be available after the call. The company is a leading luxury wine producer in North America, with a diverse portfolio that includes several renowned wineries.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) announced its participation in two upcoming investor conferences in June 2021. On June 15, Duckhorn will host a fireside chat at the Evercore ISI Consumer & Retail Summit at 3:30 p.m. Eastern Time. This will be followed by a presentation at the Jefferies Consumer Conference on June 22 at 4:25 p.m. Eastern Time. Both events will be virtual and accessible via the Company's investor relations website, where they will also be archived for future viewing.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) reported third quarter 2021 results with net sales of $90.4 million, marking a 31.6% increase year-over-year. Gross profit rose to $46.9 million, a 29.1% increase. Despite an adjusted net income of $17.9 million ($0.17 per diluted share), down from $11.6 million ($0.11 per diluted share) in the prior year, adjusted EBITDA increased by 5.5% to $32.9 million. The company cites strong performance and brand growth, despite rising selling, general, and administrative expenses due to IPO-related costs.
The Duckhorn Portfolio, Inc. (NYSE: NAPA) will release its third-quarter results for the period ending April 30, 2021, on June 7, 2021, after market close. A conference call to discuss the results is scheduled for 2:00 PM PT (5:00 PM ET). Interested investors can join the live call by dialing 833-329-1692 from the U.S. and 639-380-0038 internationally. A replay will be available until June 21, 2021. Additionally, a live webcast will be accessible on the Company's investor relations website, archived for 30 days.
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