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0.0038910505836575 0.00700389105058365 0.0153385214007781 0.0210116731517509 0.011284046692607 0.0505836575875485 0.0521400778210117 0.0505836575875485
Stock impact report

Duckhorn Portfolio Shares Hit 52-Week Low [MarketWatch]

The Duckhorn Portfolio, Inc. (NAPA) 
Company Research Source: MarketWatch
The luxury winemaker reported 10% sales growth in its fiscal fourth quarter, which it said was driven by volume growth as pricing changes were "immaterial" to sales performance. The company also said it expects sales to climb in fiscal year 2023 to between $393 million and $401 million, compared with $372.5 million in the prior year, with price increases to offset higher costs of goods. Chief Executive Alex Ryan said Duckhorn Portfolio's higher-income customers should be able to shrug off the higher prices. Adjusted earnings for the fourth quarter met analyst expectations, according to FactSet. Write to Dean Seal at dean.seal@wsj.com Show less Read more
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