The Duckhorn Portfolio downgraded by RBC Capital Mkts
$NAPA
Beverages (Production/Distribution)
Consumer Staples
RBC Capital Mkts downgraded The Duckhorn Portfolio from Outperform to Sector Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/11/2024 | Outperform → Sector Perform | RBC Capital Mkts | |
| 4/18/2024 | $11.00 → $8.00 | Overweight → Equal Weight | Barclays |
| 2/13/2024 | $11.00 → $8.00 | Neutral → Underperform | BofA Securities |
| 12/7/2023 | $15.00 → $11.00 | Buy → Neutral | BofA Securities |
| 11/13/2023 | $13.00 | Buy | Jefferies |
| 9/5/2023 | $14.00 | Market Perform | BMO Capital Markets |
| 3/9/2023 | Equal Weight → Overweight | Barclays | |
| 10/11/2022 | $18.00 | Outperform | Wedbush |
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
3 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)
4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)
4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)
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.
Citigroup analyst Alexandra Davis maintains Duckhorn Portfolio (NYSE:NAPA) with a Buy and lowers the price target from $11 to $10.
BMO Capital analyst Andrew Strelzik maintains Duckhorn Portfolio (NYSE:NAPA) with a Market Perform and lowers the price target from $10 to $9.
DEFA14A - Duckhorn Portfolio, Inc. (0001835256) (Filer)
DEFA14A - Duckhorn Portfolio, Inc. (0001835256) (Filer)
DEFA14A - Duckhorn Portfolio, Inc. (0001835256) (Filer)
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
BofA Securities downgraded The Duckhorn Portfolio from Neutral to Underperform and set a new price target of $8.00 from $11.00 previously
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
4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)
4 - Duckhorn Portfolio, Inc. (0001835256) (Issuer)
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
SC 13D - Duckhorn Portfolio, Inc. (0001835256) (Subject)
SC 13D - Duckhorn Portfolio, Inc. (0001835256) (Subject)
SC 13D/A - Duckhorn Portfolio, Inc. (0001835256) (Subject)