The Duckhorn Portfolio Announced Q3 Preliminary Net Sales Of $91M-$93M Vs. $102.4M
Portfolio Pulse from Benzinga Newsdesk
The Duckhorn Portfolio announced its Q3 preliminary net sales to be between $91M-$93M, which is lower than the previous $102.4M.

May 01, 2024 | 10:10 am
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The Duckhorn Portfolio, trading as NAPA, reported a decrease in Q3 preliminary net sales compared to the previous year.
The reported decrease in net sales for The Duckhorn Portfolio (NAPA) is significant and directly impacts investor perception and the company's financial health. This decrease could lead to a negative short-term impact on NAPA's stock price as investors may react to the lower-than-expected sales figures.
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