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

Succession Reinforces Long-Term Focus of Company Brown-Forman Corporation (NYSE:BFA, BFB)) announced today that Campbell P. Brown will step down as Chair of the Brown-Forman Board of Directors in July. Subject to his reelection at the annual meeting, he will continue to serve on the Board as a Director. Marshall B. Farrer, a fifth-generation descendent of the company's founder and a current Director of the Board, will assume the role of Chair of the Board, subject to his reelection to the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125906365/en/Brown-Forman Board of Directors Members: Marshall B. Farrer (left) and

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

Jefferies downgraded The Duckhorn Portfolio from Buy to Hold and set a new price target of $11.00

RBC Capital Mkts downgraded The Duckhorn Portfolio from Outperform to Sector Perform

Barclays downgraded The Duckhorn Portfolio from Overweight to Equal Weight and set a new price target of $8.00 from $11.00 previously

4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)

4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)

4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)

4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)

4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)

15-12G - Duckhorn Portfolio, Inc. (0001835256) (Filer)

EFFECT - Duckhorn Portfolio, Inc. (0001835256) (Filer)

SCHEDULE 13D/A - Duckhorn Portfolio, Inc. (0001835256) (Subject)

Succession Reinforces Long-Term Focus of Company Brown-Forman Corporation (NYSE:BFA, BFB)) announced today that Campbell P. Brown will step down as Chair of the Brown-Forman Board of Directors in July. Subject to his reelection at the annual meeting, he will continue to serve on the Board as a Director. Marshall B. Farrer, a fifth-generation descendent of the company's founder and a current Director of the Board, will assume the role of Chair of the Board, subject to his reelection to the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241125906365/en/Brown-Forman Board of Directors Members: Marshall B. Farrer (left) and

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024. Burwick brings over 30 years of beverage industry experience, most recently serving as President and Chief Executive Officer of The Boston Beer Company (NYSE:SAM), a leading alcoholic beverage company. Burwick will serve as the chairperson of the Company's Nominating and Corporate Governance Committee and as a member of the Company's Audit Committee. "Dave is an accomplished beverage executive with operational and strategic expertise that brings incremental value and perspective to The Duckhorn Portfolio Board," said Deirdre Mahlan, Pr

Board Appoints Industry Veteran Deirdre Mahlan Interim CEO, Initiates Search for New Leader The Duckhorn Portfolio, Inc. (("Duckhorn, NYSE:NAPA) today announced that Alex Ryan is retiring from his role as President, Chief Executive Officer and Chairman of the company. The Duckhorn Board of Directors has appointed Deirdre Mahlan, a veteran of the alcohol and beverage industry, as interim President, Chief Executive Officer and Chairperson, and has initiated a search for a new leader. "Alex dedicated his professional life to growing our business, and he has now decided to step away to focus on family and personal matters, and offered to be available to the company to ensure a smooth transi

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

SC 13G/A - Duckhorn Portfolio, Inc. (0001835256) (Subject)

SC 13D - Duckhorn Portfolio, Inc. (0001835256) (Subject)

SC 13D - Duckhorn Portfolio, Inc. (0001835256) (Subject)