Exclusive news and research on the wine, spirits and beer business

Duckhorn Sales Rise By Nearly 20% In First Quarter, EBITDA Up Nearly 40%

December 9, 2024

In case you missed Friday’s alert, Duckhorn reported net sales for Q1 2025 of $122.9 million, a 19.9% increase over Q1 2024. The company attributed that growth to Sonoma-Cutrer, noting that when the brand is excluded, sales were down 8.2%. That decline was attributed to inventory shifting in certain markets where the company began working with new distributors. Adjusted EBITDA for the quarter was $48.6 million, a nearly 40% increase over last year. According to Impact Databank, Duckhorn is the 20th-largest wine marketer in the U.S. by volume, up 5.5% to 2.6 million cases last year. The company reported 2024 sales to wholesalers of roughly $400 million. Here’s the full story.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

GET YOUR FIRST LOOK AT 2025 ESTIMATES AND 2030 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2025 IMPACT DATABANK REPORTS. CLICK HERE.

Previous :  Next :