Duckhorn Portfolio Expands US Distribution with Johnson Brothers Partnership

7/1/24 6:01:55 AM ET

Beverages (Production/Distribution)

Consumer Staples

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The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it has entered into expanded distribution agreements with Johnson Brothers. The Company's entry into these agreements is the second phase of a comprehensive strategic evaluation of its wholesale distribution network across the United States, with the goal of driving the profitable growth of the Company's sales through a substantial increase in focus and investment in the wholesale channel. It is expected that Johnson Brothers will begin distribution of The Duckhorn Portfolio's wines in their new territory later this summer.

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10/11/2024		Outperform → Sector Perform	RBC Capital Mkts
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The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2024 Financial Results
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
10/7/24 7:02:00 AM ET
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Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction
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
10/7/24 7:00:00 AM ET
$NAPA
Beverages (Production/Distribution)
Consumer Staples
The Duckhorn Portfolio to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results on October 7, 2024
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
9/20/24 8:05:00 AM ET
$NAPA
Beverages (Production/Distribution)
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Financials

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The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2024 Financial Results
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
10/7/24 7:02:00 AM ET
$NAPA
Beverages (Production/Distribution)
Consumer Staples
Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction
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
10/7/24 7:00:00 AM ET
$NAPA
Beverages (Production/Distribution)
Consumer Staples
The Duckhorn Portfolio to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results on October 7, 2024
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
9/20/24 8:05:00 AM ET
$NAPA
Beverages (Production/Distribution)
Consumer Staples

Duckhorn Portfolio Expands US Distribution with Johnson Brothers Partnership

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Recent Analyst Ratings for $NAPA

$NAPA Press Releases

Fastest customizable press release news feed in the world

The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction

The Duckhorn Portfolio to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results on October 7, 2024

$NAPA Financials

Live finance-specific insights

The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2024 Financial Results

Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction

The Duckhorn Portfolio to Report Fiscal Fourth Quarter and Full Year 2024 Financial Results on October 7, 2024

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