The Duckhorn Portfolio, Price, Forecast, Insider, Ratings, Fundamentals & Signals

Louisville, ky.--(business wire)--brown-forman (nyse: bfa, bfb) announced today that it completed the sale of sonoma-cutrer vineyards and related brand trademarks to the duckhorn portfolio, inc. (nyse: napa), a premier wine group, on april 30, 2024. in november 2023, brown-forman disclosed it had reached an agreement to sell the brand in exchange for an ownership percentage of approximately 21.5% in the duckhorn portfolio and $50 million usd. as part of the agreement, the duckhorn portfolio has.

St. helena, calif.--(business wire)--the duckhorn portfolio, inc. (nyse: napa) (the “company”) today announced that deirdre mahlan has been appointed president, chief executive officer and chairperson, effective immediately. mahlan has been a member of the duckhorn portfolio, inc. board of directors since march 2021. for the past six months, she has served as interim president, chief executive officer and chairperson, during which time the board conducted an internal and external leadership sea.

St. helena, calif.--(business wire)--the duckhorn portfolio, inc. (nyse: napa) (the “company”) announced the completion, effective april 30, 2024, of its acquisition of sonoma-cutrer vineyards (“sonoma-cutrer”), one of the largest and fastest-growing luxury chardonnay brands in the u.s., from spirits and wine company, brown-forman corporation (nyse: bf.b) (“brown-forman”). the duckhorn portfolio has named two brown-forman executives to its board of directors, marshall farrer, chief strategic gr.

St. helena, calif.--(business wire)--the duckhorn portfolio, inc. (nyse: napa) (the “company”) today reported its financial results for the three months ended january 31, 2024. second quarter 2024 highlights net sales were $103.0 million, a decrease of $0.4 million, or 0.4%, versus the prior year period. gross profit was $58.3 million, an increase of $3.1 million, or 5.7%, versus the prior year period. gross profit margin was 56.6%, up 330 basis points versus the prior year period. net income w.

St. helena, calif.--(business wire)--the duckhorn portfolio, inc. (nyse: napa) (the “company”) announced today that it will report financial results for the second quarter ended january 31, 2024, on thursday, march 7, 2024, after market close. the company will host a conference call to discuss these results at 1:30 p.m. pacific time (4:30 p.m. eastern time.) investors interested in participating in the live call can dial 833-470-1428 from the u.s. and 404-975-4839 internationally, and enter con.

Duckhorn operates a portfolio of wine brands in the >$15 luxury segment with a track record of good growth and very high margins. The growth has required quite a good amount of capital with increased inventories and a recent investment in a new production facility among other investments. The company currently faces issues from slower demand for wine, but has continued to grab market share in a challenging market.

Start Time: 16:30 January 1, 0000 5:13 PM ET The Duckhorn Portfolio, Inc. (NYSE:NAPA ) Q2 2024 Earnings Conference Call March 07, 2024, 16:30 PM ET Company Participants Deirdre Mahlan - Interim President, CEO and Chairperson Jennifer Fall Jung - EVP and CFO Sean Sullivan - EVP, Chief Strategy and Legal Officer Ben Avenia-Tapper - VP, IR Conference Call Participants Nik Modi - RBC Kaumil Gajrawala - Jeffries Lauren Lieberman - Barclays Greg Porter - Evercore Drew Levine - JPMorgan Andrew Strelzik - BMO Peter Galbo - Bank of America Operator Good evening, ladies and gentlemen. Thank you for joining today's Duckhorn Portfolio Q2 2024 Earnings Conference Call.

The Duckhorn Portfolio, Inc. (NAPA) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.18 per share a year ago.

Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Molson Coors Brewing (TAP) and The Duckhorn Portfolio, Inc. (NAPA). But which of these two stocks is more attractive to value investors?

A few years ago, it seemed that new initial public offerings (IPOs) and special purpose acquisition companies (SPACs) were coming around almost every week. When markets are hot, companies tend to take advantage and issue their shares to the public.

Investors interested in Beverages - Alcohol stocks are likely familiar with Molson Coors Brewing (TAP) and The Duckhorn Portfolio, Inc. (NAPA). But which of these two stocks offers value investors a better bang for their buck right now?

Beverage companies are poised to gain in 2024 from the growing demand for health and functional drinks, as well as low-alcoholic beverages. Embracing innovation and digital expansion bodes well.

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include The Duckhorn Portfolio (NAPA), PepsiCo (PEP), Lamb Weston (LW), Consolidated Edison (ED) and GameStop (GME).

The Duckhorn Portfolio, Inc. (NAPA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Duckhorn's fiscal first quarter fell short of analysts' estimates. Management lauded the company's margin expansion and solid performance relative to an unseasonably strong fiscal Q1 last year.