The Duckhorn Portfolio Sees FY24 EPS $0.56-$0.58 Vs $0.59 Est.; Revenue $398M-$408M Vs $400.55M Est.
$NAPA
Beverages (Production/Distribution)
Consumer Staples
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% |