Tag Archive: duckhorn
Duckhorn: Sonoma-Cutrer “Central To Our Strategy For Growth”
Napa Valley-based luxury wine player The Duckhorn Portfolio has made a key acquisition in upscale Chardonnay, agreeing to acquire Sonoma-Cutrer from Brown-Forman for $400 million in a combination of cash and stock, with Brown-Forman taking a 21.5% stake in Duckhorn and gaining two seats on its board. The deal is expected to close next spring. Continue reading →
Posted in News on November 17, 2023Josh Cellars, La Marca, Decoy By Duckhorn Keep Growth Rolling In Year-To-Date
The overall wine market in the U.S. is projected to see a small value gain this year despite a 1% decrease in volume, according to the current edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on August 21, 2023Duckhorn In Expansion Mode
Duckhorn has acquired an unnamed North Coast California winery for $55 million. Continue reading →
Posted in News on May 5, 2023Duckhorn Targeting Full-Year Sales Of $400 Million
The Duckhorn Portfolio has posted sales up 5% to $104 million for the three months through January, representing its fiscal second quarter, with adjusted EBITDA rising 13% to $39 million. Continue reading →
Posted in News on March 9, 2023Duckhorn’s Sales Reach $108 Million in First Quarter 2023
California’s Duckhorn reported net sales up 3.8% to $108.2 million for its first fiscal quarter 2023. Continue reading →
Posted in News on December 8, 2022News Briefs for November 29, 2022
•Lochlea Our Barley, New Stellum releases, Jack Daniel’s Distillery Series #10, and newcomers from Rabbit Hole and Frey Ranch are among the offerings featured in Whisky Advocate’s latest weekly roundup. Continue reading →
Posted in News on November 29, 2022
