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Duckhorn Shares Double After Fiscal Q4 Adjusted Earnings, Net Sales Beat Estimates
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Duckhorn Shares Double After Fiscal Q4 Adjusted Earnings, Net Sales Beat Estimates
Oct 7, 2024 4:52 AM

07:41 AM EDT, 10/07/2024 (MT Newswires) -- The Duckhorn Portfolio's ( NAPA ) shares were up more than 101% in Monday's premarket activity after it beat earnings and revenue expectations.

The wine company reported fiscal Q4 adjusted net income Monday day of $0.14 per diluted share, down from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.10.

Net sales for the fiscal quarter ended July 31 was $107.4 million, up from $100.1 million a year earlier.

Analysts surveyed by Capital IQ expected $104.8 million.

Price: 10.86, Change: +5.46, Percent Change: +101.11

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