| The Duckhorn Portfolio Announces Strategic Partnership with Provi to Deliver Best-In-Class B2B Online Ordering Throughout California |
ST. HELENA, Calif. & CHICAGO--(BUSINESS WIRE)--The Duckhorn Portfolio, North America's premier luxury wine company, and Provi, the largest online B2B marketplace for the beverage alcohol industry, today announced a strategic partnership to deliver a best-in-class ordering solution for licensed retailers in California. The collaboration underscores Duckhorn's commitment to supporting its trade accounts with efficient, reliable tools tailored to the unique demands of the state's self-distribution. |
businesswire.com |
2025-05-15 12:58:00 |
Czytaj oryginał (ang.) |
| The Duckhorn Portfolio Expands Executive Team with Additions of CPG Executives Nihar Bhatt and Jeff Ngo |
ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio (“Duckhorn” or the “Company”), North America's premier luxury wine company, announced today that Nihar Bhatt has been appointed Executive Vice President, Chief Financial Officer, effective April 14, 2025, and Jeff Ngo has been appointed Executive Vice President, Chief Growth Officer, effective April 30, 2025. Mr. Bhatt brings more than 20 years of financial, operations, M&A, and strategy experience to The Duckhorn Portfolio, drivin. |
businesswire.com |
2025-04-14 13:00:00 |
Czytaj oryginał (ang.) |
| Veteran CPG Executives David Klein and Tom Flocco Join The Duckhorn Portfolio's Board of Directors |
ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio (“Duckhorn” or the “Company”), North America's premier luxury wine company, today announced that veteran consumer packaged goods (“CPG”) executives David Klein and Tom Flocco have joined its Board of Directors, effective immediately. Mr. Klein brings more than 30 years of financial and growth-oriented strategic leadership experience across the beverage alcohol and consumer sectors. He most recently served as CEO of Canopy Growth Corpor. |
businesswire.com |
2025-03-05 11:00:00 |
Czytaj oryginał (ang.) |
| Granite/Lehman-Roberts Leader Pat Nelson Elected 2025 NAPA Chairman |
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Regional Vice President and President of Lehman-Roberts Company, Pat Nelson, has been elected National Asphalt Pavement Association's (NAPA) 2025 Chairman of the Board. Pat's term began by taking the Oath of Office at NAPA's Annual Meeting on February 3. Lehman-Roberts, a Granite Company, was a founding member of NAPA 70 years ago, and Pat's steady involvement in NAPA has spanned two decades. He has served the association in numerous capa. |
businesswire.com |
2025-02-03 18:35:00 |
Czytaj oryginał (ang.) |
| Butterfly Completes $1.95 Billion Acquisition of The Duckhorn Portfolio |
LOS ANGELES & ST. HELENA, Calif.--(BUSINESS WIRE)--Butterfly Equity (“Butterfly”), a Los Angeles-based private equity firm specializing in the food and beverage sector, and The Duckhorn Portfolio, Inc. (“The Duckhorn Portfolio,” “Duckhorn” or the “Company”) today announced the completion of Butterfly's acquisition of Duckhorn, North America's premier luxury wine company, for $11.10 per share, in an all-cash transaction valued at approximately $1.95 billion. “We are thrilled to welcome The Duckh. |
businesswire.com |
2024-12-24 11:00:00 |
Czytaj oryginał (ang.) |
| Top 3 Risk Off Stocks That May Collapse This Month |
As of Dec. 20, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. |
benzinga.com |
2024-12-20 10:54:02 |
Czytaj oryginał (ang.) |
| SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and USAP on Behalf of Shareholders |
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: |
globenewswire.com |
2024-12-12 12:18:00 |
Czytaj oryginał (ang.) |
| SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and MNTX on Behalf of Shareholders |
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: The Duckhorn Portfolio, Inc. (NYSE: NAPA)'s sale to Butterfly Equity for $11.10 per share in cash. If you are a Duckhorn shareholder, click here to learn more about your rights and options. |
prnewswire.com |
2024-12-06 18:47:00 |
Czytaj oryginał (ang.) |
| The Duckhorn Portfolio Announces Fiscal First Quarter 2025 Financial Results |
ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today reported its financial results for the three months ended October 31, 2024. First Quarter 2025 Highlights Net sales were $122.9 million, an increase of $20.4 million, or 19.9%, versus the prior year period. Excluding Sonoma-Cutrer, net sales declined $8.4 million or 8.2%. Net sales were negatively impacted by one-time inventory transfers, as outgoing distributors in certain states transferred un. |
businesswire.com |
2024-12-05 18:05:00 |
Czytaj oryginał (ang.) |
| Four Corners Continues Its Acquisition Spree With a NAPA Property |
FCPT announces the acquisition of NAPA Auto Parts Property for $2.0 million. |
zacks.com |
2024-12-03 11:15:26 |
Czytaj oryginał (ang.) |
| 5 Beverages - Alcohol Stocks Holding Strong Amid Industry Challenges |
The Zacks Beverages -Alcohol industry faces challenges from inflation and rising costs in commodities and logistics, while investments in innovation, premiumization and advanced technology platforms bode well. Leading players like BUD, STZ, TAP, SAM, and NAPA look well-positioned. |
zacks.com |
2024-11-20 11:26:12 |
Czytaj oryginał (ang.) |
| NAPA Auto Parts Parent's Stock Tumbles on Weak Profit, Lowered Outlook |
Genuine Parts Co. (GPC) was the biggest decliner in the S&P 500 Tuesday after its third-quarter net income fell well short of estimates and it lowered its profit projections for the full fiscal year. |
investopedia.com |
2024-10-22 16:50:42 |
Czytaj oryginał (ang.) |
| STOCKHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of The Duckhorn Portfolio, Inc. - NAPA |
NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating The Duckhorn Portfolio, Inc. (NYSE: NAPA ), relating to its proposed merger with Butterfly Equity. |
accesswire.com |
2024-10-08 19:15:00 |
Czytaj oryginał (ang.) |
| DUCKHORN PORTFOLIO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of the Duckhorn Portfolio, Inc. - NAPA |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The Duckhorn Portfolio, Inc. (NYSE: NAPA) to Butterfly Equity. Under the terms of the proposed transaction, shareholders of Duckhorn will receive $11.10 in cash for each share of Duckhorn that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or wheth. |
businesswire.com |
2024-10-07 22:36:00 |
Czytaj oryginał (ang.) |
| SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Mergers of B and NAPA |
NEW YORK CITY, NY / ACCESSWIRE / October 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: Barnes Group Inc. (NYSE: B ), relating to its proposed merger with Apollo Global Management, Inc. Under the terms of the agreement, all Barnes Group common stock will be converted into the right to receive $47.50 in cash. |
accesswire.com |
2024-10-07 22:30:00 |
Czytaj oryginał (ang.) |
| Dow Tumbles Over 400 Points; Duckhorn Portfolio Shares Surge |
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling more than 150 points on Monday. |
benzinga.com |
2024-10-07 18:37:15 |
Czytaj oryginał (ang.) |
| Why Duckhorn Portfolio (NAPA) Stock Spiked Today |
The Duckhorn Portfolio (NAPA, Financial) experienced an impressive surge, with shares skyrocketing by 102.5% following the announcement of its acquisition by Butterfly, a private equity firm. The all-cash transaction values the company at $11.10 per share, equating to a valuation of approximately $1.95 billion. |
gurufocus.com |
2024-10-07 16:26:47 |
Czytaj oryginał (ang.) |
| Winemaker Duckhorn Stock Doubles on Takeover by Private-Equity Firm Butterfly |
Shares of The Duckhorn Portfolio (NAPA) doubled Monday after the Napa Valley winemaker agreed to be taken private by private-equity firm Butterfly for $1.95 billion. |
investopedia.com |
2024-10-07 15:55:35 |
Czytaj oryginał (ang.) |
| NAPA Merger News: Johnson Fistel Investigates Duckhorn and its Directors and Management Following Sale |
SAN DIEGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf The Duckhorn Portfolio Inc (NYSE: NAPA) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to Butterfly Equity a Los Angeles-based private equity firm. |
globenewswire.com |
2024-10-07 14:28:00 |
Czytaj oryginał (ang.) |
| Duckhorn stock rallies 100% as Butterfly Equity values the wine company at $1.95 billion |
Duckhorn Portfolio Inc (NYSE: NAPA) rallied more than 100% this morning after Butterfly Equity said it will buy the luxury wine company for about $1.95 billion. The all-cash agreement values each share of NAPA at $11 – a sharp increase from their previous close of $5.40. |
invezz.com |
2024-10-07 13:43:41 |
Czytaj oryginał (ang.) |
| NAPA Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of The Duckhorn Portfolio to Butterfly Equity |
MONSEY, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of The Duckhorn Portfolio, Inc. (NYSE: NAPA) (“Duckhorn”) to Butterfly Equity (“Butterfly”) for $11.10 per share in cash. |
globenewswire.com |
2024-10-07 13:24:00 |
Czytaj oryginał (ang.) |
| Duckhorn Portfolio Inc (NAPA) Q4 Earnings: EPS at $0.08, Revenue Hits $107.4M, Surpassing Estimates |
The Duckhorn Portfolio Inc (NAPA, Financial) released its 8-K filing on October 7, 2024, detailing its financial performance for the fourth quarter and fiscal year ending July 31, 2024. The company, known for its luxury and ultra-luxury wine brands such as Duckhorn Vineyards and Kosta Browne, reported a notable increase in net sales and adjusted EBITDA, despite facing some challenges in gross profit margins. |
gurufocus.com |
2024-10-07 11:31:45 |
Czytaj oryginał (ang.) |
| The Duckhorn Portfolio Announces Fourth Quarter and Fiscal Year 2024 Financial Results |
ST. HELENA, Calif.--(BUSINESS WIRE)--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 f. |
businesswire.com |
2024-10-07 11:02:00 |
Czytaj oryginał (ang.) |
| Butterfly to Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio in $1.95 Billion Transaction |
LOS ANGELES & ST. HELENA, Calif.--(BUSINESS WIRE)--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 acquired by private equity funds managed by Butterfly in an all-cash transaction that values t. |
businesswire.com |
2024-10-07 11:00:00 |
Czytaj oryginał (ang.) |