The Duckhorn Portfolio, Inc. Common Stock (NAPA)

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:

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today reported its financial results for the three months ended October 31, 2024.

BALA CYNWYD, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

NEW YORK, Oct. 15, 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:

BALA CYNWYD, Pa., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

BALA CYNWYD, Pa., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.

NEW YORK, Oct. 08, 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:

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. (NYSENAPA) 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 whether the consideration undervalues the Company.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The Duckhorn Portfolio, Inc. (NYSENAPA) to Butterfly Equity for $11.10 per share in cash is fair to Duckhorn shareholders.

Ademi LLP is investigating Duckhorn (NYSENAPA) for possible breaches of fiduciary duty and other violations of law in its transaction with Butterfly Equity.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today reported its financial results for the three months and fiscal year ended July 31, 2024.

The Duckhorn Portfolio (NYSENAPA) (“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 the Company at approximately $1.95 billion.

The Duckhorn Portfolio, Inc. (NYSENAPA) (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 Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) announced today that it has entered into expanded distribution agreements with Johnson Brothers. The Company’s entry into these agreements is the second phase of a comprehensive strategic evaluation of its wholesale distribution network across the United States, with the goal of driving the profitable growth of the Company’s sales through a substantial increase in focus and investment in the wholesale channel. It is expected that Johnson Brothers will begin distribution of The Duckhorn Portfolio’s wines in their new territory later this summer.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today reported its financial results for the three months ended April 30, 2024.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) announced today that it has entered into distribution agreements with Republic National Distributing Company (RNDC) and Breakthru Beverage Group (BBG). The Company’s entry into these agreements is the culmination of a comprehensive strategic evaluation of its wholesale distribution network across the United States, with the goal of driving the profitable growth of the Company’s sales through a substantial increase in focus and investment in the wholesale channel. It is expected that RNDC and BBG will begin distribution of Duckhorn’s wines in their respective new territories during the summer.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024. Burwick brings over 30 years of beverage industry experience, most recently serving as President and Chief Executive Officer of The Boston Beer Company NYSE: SAMNYSESAM)

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today announced that Deirdre Mahlan has been appointed President, Chief Executive Officer and Chairperson, effective immediately. Mahlan has been a member of The Duckhorn Portfolio, Inc. Board of Directors since March 2021. For the past six months, she has served as interim President, Chief Executive Officer and Chairperson, during which time the Board conducted an internal and external leadership search and determined that Mahlan is best positioned to lead the Company forward.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) announced the completion, effective April 30, 2024, of its acquisition of Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest and fastest-growing luxury Chardonnay brands in the U.S., from spirits and wine company, Brown-Forman Corporation (NYSE: BF.B) (“Brown-Forman”). The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today reported its financial results for the three months ended January 31, 2024.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) announced today that it will report financial results for the second quarter ended January 31, 2024, on Thursday, March 7, 2024, after market close.

Today, The Duckhorn Portfolio is excited to announce the launch of Decoy Featherweight Sauvignon Blanc, which has 80 calories per five-ounce serving and an alcohol content of 9%. The unveiling of Featherweight builds on The Duckhorn Portfolio’s 40+ year history of crafting acclaimed Sauvignon Blanc. Based on Circana data for the 52-week period ending on 12/24/23, Decoy currently produces the #1 $15+ domestic Sauvignon Blanc in the U.S. off-premise luxury category. In recent years, the global no-alcohol and lower-in-alcohol market has grown materially, rising from $8 billion in 2018 to $11 billion in 2022, with IWSR data projecting 27.4% CAGR growth for the category through 2027. The inaugural 2023 Decoy Featherweight Sauvignon Blanc is line-priced with the Decoy California Sauvignon Blanc at an SRP of $20. It begins shipping nationally today and is available online at DecoyWines.com.

The Duckhorn Portfolio, Inc. (“Duckhorn” or the “Company,” (NYSENAPA), North America’s premier luxury wine company, has released its Fiscal Year 2023 Responsibility and Sustainability Report (“ESG Report”). This ESG Report focuses on the Company’s commitment to the planet, championing its people and communities and reinforcing its focus on sustainable business practices through responsive and transparent operational strategies and corporate governance. The ESG Report was prepared by Duckhorn’s internal ESG Team and leadership team, with oversight by its Board of Directors.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) today reported its financial results for the three months ended October 31, 2023.

The Duckhorn Portfolio, Inc. (NYSENAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash.