The Duckhorn Portfolio Sees FY24 EPS $0.56-$0.58 Vs $0.59 Est.; Revenue $398M-$408M Vs $400.55M Est.

6/6/24 4:27:22 PM ET

Beverages (Production/Distribution)

Consumer Staples

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Fiscal Year 2024 Guidance

The Company is updating guidance to the ranges below for Fiscal Year 2024 (which includes sales of Sonoma-Cutrer Vineyards wines in the fourth quarter):

(amounts in millions, except per share data and percentages)	Fiscal year ended July 31, 2024
Net sales (including Sonoma-Cutrer Vineyards net sales)	$398	-	$408
Sonoma-Cutrer Vineyards net sales of approximately	$16
Adjusted EBITDA	$146	-	$150
Adjusted EPS	$0.56	-	$0.58
Diluted share count	123.5
Effective tax rate	27%	-	29%

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Recent Analyst Ratings for
$NAPA

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

More analyst ratings

$NAPA
Press Releases

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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

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

The Duckhorn Portfolio Sees FY24 EPS $0.56-$0.58 Vs $0.59 Est.; Revenue $398M-$408M Vs $400.55M Est.

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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 Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13D filed by The Duckhorn Portfolio Inc.

SEC Form SC 13D filed by The Duckhorn Portfolio Inc.

Amendment: SEC Form SC 13D/A filed by The Duckhorn Portfolio Inc.

$NAPA Market Insights

Live Market Insights

Duckhorn Portfolio Expands US Distribution with Johnson Brothers Partnership

Citigroup Maintains Buy on Duckhorn Portfolio, Lowers Price Target to $10

BMO Capital Maintains Market Perform on Duckhorn Portfolio, Lowers Price Target to $9

$NAPA Leadership Updates

Live Leadership Updates

Beverage Industry Leader Dave Burwick Joins The Duckhorn Portfolio Board of Directors

Alex Ryan Retires as CEO of The Duckhorn Portfolio, Inc.

$NAPA Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Mahlan Deirdre bought $44,942 worth of shares (5,000 units at $8.99) (SEC Form 4)

Mahlan Deirdre bought $49,750 worth of shares (5,000 units at $9.95) (SEC Form 4)

$NAPA Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

New insider Marlee Buyer, Inc. claimed ownership of 6,377,923 shares (SEC Form 3)

Officer Fall Jung Jennifer was granted 41,113 shares, increasing direct ownership by 84% to 90,012 units (SEC Form 4)

Officer Sullivan Sean B.A. was granted 37,705 shares, increasing direct ownership by 32% to 156,996 units (SEC Form 4)

$NAPA SEC Filings

SEC Form DEFA14A filed by The Duckhorn Portfolio Inc.

SEC Form DEFA14A filed by The Duckhorn Portfolio Inc.

SEC Form DEFA14A filed by The Duckhorn Portfolio Inc.

$NAPA Analyst Ratings

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The Duckhorn Portfolio downgraded by RBC Capital Mkts

The Duckhorn Portfolio downgraded by Barclays with a new price target

The Duckhorn Portfolio downgraded by BofA Securities with a new price target

$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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$NAPA

$NAPA
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