The Duckhorn Portfolio Inc (NAPA) Reports Steady Earnings Amidst Industry Headwinds [Yahoo! Finance]
The Duckhorn Portfolio, Inc. (NAPA)
Company Research
Source: Yahoo! Finance
Gross Profit Margin : Improved by 330 basis points to 56.6%. Adjusted EBITDA : Rose by approximately 10% to $42.7 million. Guidance : Fiscal Year 2024 guidance updated, reflecting cautious outlook for H2. On March 7, 2024, The Duckhorn Portfolio Inc ( NYSE:NAPA ), a leading producer of luxury wines, released its 8-K filing , announcing financial results for the fiscal second quarter of 2024. The company, known for its prestigious brands such as Duckhorn Vineyards and Decoy, reported net sales of $103.0 million, which remained relatively stable compared to the same period last year. Despite broader industry challenges, the company's net income saw an increase to $15.9 million, up approximately 6% year over year. Financial Performance and Challenges The Duckhorn Portfolio's performance this quarter reflects its resilience in a competitive market. The company's gross profit margin experienced a significant increase, rising to 56.6% from 53.3% in the prior year, attributed to i
Show less
Read more
Impact Snapshot
Event Time:
NAPA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NAPA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NAPA alerts
High impacting The Duckhorn Portfolio, Inc. news events
Weekly update
A roundup of the hottest topics
NAPA
News
- The Duckhorn Portfolio, Inc. (NYSE: NAPA) was downgraded by analysts at Barclays PLC from an "overweight" rating to an "equal weight" rating. They now have a $8.00 price target on the stock, down previously from $11.00.MarketBeat
- 15 Best Wines To Buy At Costco According to Reddit [Yahoo! Finance]Yahoo! Finance
- Calera – “One Of The Most Compelling Pinot Noirs On Planet Earth” [Forbes]Forbes
- The Duckhorn Portfolio: Rating Downgrade As I Am Not Optimistic About H2 Recovery [Seeking Alpha]Seeking Alpha
- The Duckhorn Portfolio, Inc. (NYSE: NAPA) was upgraded by analysts at TheStreet from a "d" rating to a "c" rating.MarketBeat
NAPA
Earnings
- 3/7/24 - Beat
NAPA
Sec Filings
- 4/10/24 - Form 4
- 4/9/24 - Form 144
- 3/29/24 - Form 4
- NAPA's page on the SEC website