NAPA - Earnings announcements

Net Sales of $122.9 million, up 19.9% year over year; Net Income of $11.2 million, down 28.1% year over year; Adjusted EBITDA of $48.6 million, up 39.9% year over year; The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended October 31, 2024. First Quarter 2025 Highlights Net sales were $122.9 million, an increase of $20.4 million, or 19.9%, versus the prior year period. Excluding Sonoma-Cutrer, net sales declined $8.4 million or 8.2%. Net sales were negatively impacted by one-time inventory transfers, as outgoing distributors in certain states transferred unsold inventory to the new distributors in those jurisdicti

Fourth Quarter Net Sales of $107.4 million, an Increase of 7.3% Fourth Quarter Net Income of $11.3 million; Adjusted Net Income of $20.4 million Fourth Quarter Adjusted EBITDA of $39.9 million, an Increase of 16.7% The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months and fiscal year ended July 31, 2024. Fourth Quarter 2024 Highlights Net sales were $107.4 million, an increase of $7.3 million, or 7.3%, versus the prior year. Excluding Sonoma-Cutrer, net sales declined $13.9 million or 13.9% versus the prior year, due primarily to the shift in timing of the Kosta Browne Appellation Series release into Q3 in fiscal 2024 from Q

Transaction to Accelerate The Duckhorn Portfolio's Leading Luxury Wine Portfolio and Continue Butterfly's Strategy of Partnering with Leading Food and Beverage Companies The Duckhorn Portfolio's Stockholders to Receive $11.10 Per Share in Cash The Duckhorn Portfolio Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results The Duckhorn Portfolio (NYSE:NAPA) ("Duckhorn" or the "Company"), North America's premier luxury wine company, and Butterfly Equity ("Butterfly"), a Los Angeles-based private equity firm specializing in the food and beverage sector, today announced that they have entered into a definitive agreement (the "Agreement") pursuant to which Duckhorn will be acquire

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report financial results for the fourth quarter and fiscal year ended July 31, 2024, on Monday, October 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 confirmation code 953728. A telephone replay will be available approximately two hours after the call concludes through Monday, October 28, 2024, by dialing 866-813-9403 or 929-458-6194, and entering confirmation code 561952

Net Sales of $92.5 million, up 1.4% year over year; Net Income of $13.3 million, down 20.7% year over year; Adjusted EBITDA of $37.7 million, up 5.3% year over year; Updates Fiscal 2024 Guidance The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended April 30, 2024. Third Quarter 2024 Highlights Net sales were $92.5 million, an increase of $1.3 million, or 1.4%, versus the prior year period. Gross profit was $51.4 million, an increase of $0.9 million, or 1.8%, versus the prior year period. Gross profit margin was 55.6%, up 20 basis points versus the prior year period. Net income was $13.3 million, or $0.12 p

Welcomes Sonoma-Cutrer Vineyards to The Duckhorn Portfolio Advances Route-to-Consumer Strategy Announces Preliminary Third Quarter 2024 Net Sales 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 search and determined that Mahlan is best positioned to lead the Company forward. "We a

Net Sales of $103.0 million, approximately flat year over year Net Income of $15.9 million, up approximately 6% year over year Adjusted EBITDA of $42.7 million, up approximately 10% year over year Updates Fiscal Year 2024 Guidance 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.

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 confirmation code 916175. A telephone replay will be available approximately two hours after the call concludes through Thursday, March 21, 2024, by dialing 866-813-9403 or 929-458-6194, and entering confirmation code 518053. There will

First Quarter Net Sales of $102.5 million First Quarter Net Income of $15.5 million; Adjusted Net Income of $17.2 million First Quarter Adjusted EBITDA of $34.7 million The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended October 31, 2023. First Quarter 2024 Highlights Net sales were $102.5 million, a decrease of $5.7 million, or 5.2%, versus the prior year period. Gross profit was $53.9 million, a decrease of $0.9 million, or 1.6%, versus the prior year period. Gross profit margin was 52.5%, up 190 basis points versus the prior year period. Net income was $15.5 million, or $0.13 per diluted share, versus

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards ("Sonoma-Cutrer"), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation ("Brown-Forman"), for approximately $400 million to be paid in a combination of Company stock and cash. Sonoma-Cutrer Vineyards was founded in 1973 and released its first wine in 1981. It has grown to be one of California's best-known luxury Chardonnay brands, famous for its refined style and commitment to merging traditional and innovative winemaking techniques. Their highly acclaimed Chardonnay primarily sells at retail price p

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report financial results for the first quarter ended October 31, 2023, on Wednesday, December 6, 2023, 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 confirmation code 889702. A telephone replay will be available approximately two hours after the call concludes through Wednesday, December 20, 2023, by dialing 929-458-6194 or 866-813-9403, and entering confirmation code 167251. Ther

Opened 39 New Systemwide Shops in Q3 2023 Record Revenue of $265 million, a 33% Increase Year-over-Year Updates 2023 Guidance, Increases Range for Adjusted EBITDA Dutch Bros Inc. (NYSE:BROS, "Dutch Bros" or the "Company"))), one of the fastest-growing brands in the food service and restaurant industry in the United States by location count, today reported financial results for the third quarter ended September 30, 2023. Joth Ricci, Chief Executive Officer of Dutch Bros, stated, "By all accounts, Q3 was a fantastic quarter, and we are extremely pleased with our unit openings, same shop sales, revenue, and profitability results. I am very proud of the team for their accomplishments, a

Fourth Quarter Net Sales of $100.1 million, an Increase of 28% Fourth Quarter Net Income of $17.8 million; Adjusted Net Income of $16.7 million Fourth Quarter Adjusted EBITDA of $34.2 million, an Increase of 54% Introduces Fiscal Year 2024 Guidance The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months and fiscal year ended July 31, 2023. Fourth Quarter 2023 Highlights Net sales were $100.1 million, an increase of $22.1 million, or 28.3%, versus the prior year period. Gross profit was $55.3 million, an increase of $16.0 million, or 40.6%, versus the prior year period. Gross profit margin was 55.2%, up 480 basis points ver

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report financial results for the fourth quarter and fiscal year ended July 31, 2023 on Wednesday, September 27, 2023 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 confirmation code 879708. A telephone replay will be available approximately two hours after the call concludes through Wednesday, October 11, 2023, by dialing 929-458-6194 or 866-813-9403, and entering confirmation code 8

Raises Fiscal Year 2023 Outlook Net Sales of $91.2 million Net Income of $16.8 million; Adjusted Net Income of $19.0 million Adjusted EBITDA of $35.8 million The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended April 30, 2023. Third Quarter 2023 Highlights Net sales were $91.2 million, a decrease of $0.3 million, or 0.4%, versus the prior year period. Gross profit was $50.5 million, an increase of $6.5 million, or 14.9%, versus the prior year period. Gross profit margin was 55.4%, up 740 basis points versus the prior year period. Adjusted gross profit was $51.0 million, an increase of $2.9 million, or 6.0%,

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the third quarter ended April 30, 2023, on Thursday, June 8, 2023, 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 confirmation code 085472. A telephone replay will be available approximately two hours after the call concludes through Thursday, June 22, 2023, by dialing 929-458-6194 or 866-813-9403, and entering confirmation code 536706. There will also be a simul

Net Sales of $103.5 million Net Income of $14.9 million; Adjusted Net Income of $21.1 million Adjusted EBITDA of $38.8 million Raises Fiscal Year 2023 Net Sales, Adjusted EBITDA and Adjusted EPS Guidance The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended January 31, 2023. Second Quarter 2023 Highlights Net sales were $103.5 million, an increase of $4.8 million, or 4.8%, versus the prior year period. Gross profit was $55.2 million, an increase of $5.7 million, or 11.5%, versus the prior year period. Gross profit margin was 53.3%, up 320 basis points versus the prior year period. Adjusted gross profit was $55.5 mil

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the second quarter ended January 31, 2023, on Wednesday, March 8, 2023, 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 844-200-6205 from the U.S. and 929-526-1599 internationally, and enter confirmation code 690617. A telephone replay will be available approximately two hours after the call concludes through Wednesday, March 22, 2023, by dialing 866-813-9403 from the U.S., or +44 204-525-0658 from international locations, and entering

Net Sales of $108.2 million Net Income of $19.8 million; Adjusted Net Income of $20.5 million Adjusted EBITDA of $35.7 million Reaffirms Fiscal Year 2023 Guidance The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended October 31, 2022. First Quarter 2023 Highlights Net sales were $108.2 million, an increase of $4.0 million, or 3.8%, versus the prior year period. The prior year period had the Kosta Browne Single Vineyard Series release DTC sales, which have now shifted into the second quarter of this year. Gross profit was $54.7 million, an increase of $2.3 million, or 4.4%, versus the prior year period. Gross profit

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the first quarter ended October 31, 2022, on Wednesday, December 7, 2022, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time.) Investors interested in participating in the live call can dial 844-200-6205 from the U.S. and 929-526-1599 internationally, and enter confirmation code 596790. A telephone replay will be available approximately two hours after the call concludes through Wednesday, December 21, 2022, by dialing 866-813-9403 from the U.S., or +44 204-525-0658 from international locations, and ente

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the fourth quarter and fiscal year ended July 31, 2022, on Wednesday, September 28, 2022, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time.) Investors interested in participating in the live call can dial 844-200-6205 from the U.S. and 929-526-1599 internationally, and enter confirmation code 710910. A telephone replay will be available approximately two hours after the call concludes through Wednesday, October 12, 2022, by dialing 866-813-9403 from the U.S., or +44 204-525-0658 from international loca

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the third quarter ended April 30, 2022, on Thursday, June 2, 2022, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time.) Investors interested in participating in the live call can dial 844-200-6205 from the U.S. and 929-526-1599 internationally, and enter confirmation code 749129. A telephone replay will be available approximately two hours after the call concludes through Thursday, June 16, 2022, by dialing 866-813-9403 from the U.S., or +44 204-525-0658from international locations, and entering confirma

Net Sales Increase 18.0% Net Income of $17.9 million; Adjusted Net Income of $19.5 million Adjusted EBITDA of $34.3 million Raises Fiscal Year 2022 Guidance The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today reported its financial results for the three months ended January 31, 2022. Second Quarter 2022 Highlights Net sales were $98.7 million, an increase of $15.1 million, or 18.0%, versus the prior year period. Gross profit was $49.5 million, an increase of $7.7 million, or 18.5%, versus the prior year period. Adjusted gross profit was $49.7 million, an increase of $7.1 million, or 16.5%, versus the prior year period. Net income was $17.9 million, or $0.16 per diluted sh

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the second quarter ended January 31, 2022, on Thursday, March 10, 2022, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Investors interested in participating in the live call can dial 844-200-6205 from the U.S. and 929-526-1599 internationally, and enter confirmation code 928334. A telephone replay will be available approximately two hours after the call concludes through Thursday, March 24, 2022, by dialing 866-813-9403 from the U.S., or 929-458-6194 from international locations, and entering confi

Net Sales Increase 13.7% Gross Margins Expand Nearly 200 Basis Points Net Income of $21.3 million; Adjusted Net Income of $23.5 million Adjusted EBITDA of $38.1 million The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company"), today reported its financial results for the three months ended October 31, 2021. First Quarter 2022 Highlights Net sales were $104.2 million, an increase of $12.6 million, or 13.7%, versus the prior year period. Gross profit was $52.4 million, an increase of $8.1 million, or 18.3%, versus the prior year period. Adjusted gross profit was $52.8 million, an increase of $7.8 million, or 17.3%, versus the prior year period. Net income was $21.3 million, or $0.1

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the first quarter ended October 31, 2021, on Wednesday, December 8, 2021, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time.) Investors interested in participating in the live call can dial 833-329-1692 from the U.S. and 639-380-0038 internationally, and enter confirmation code 8537157. A telephone replay will be available approximately two hours after the call concludes through Wednesday, December 22, 2021, by dialing 416-621-4642 from the U.S., or 800-585-8367 from international locations, and enterin

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it will report results for the fourth quarter and fiscal year ended July 31, 2021, on Monday, October 4, 2021, after market close. The Company will host a conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time.) Investors interested in participating in the live call can dial 833-329-1692 from the U.S. and 639-380-0038 internationally, and enter confirmation code 6793526. A telephone replay will be available approximately two hours after the call concludes through Monday, October 18, 2021, by dialing 416-621-4642 from the U.S., or 800-585-8367 from international locations, and e