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The Duckhorn Portfolio Sees FY24 EPS $0.56-$0.58 Vs $0.59 Est.; Revenue $398M-$408M Vs $400.55M Est.

Author: Benzinga Newsdesk | June 06, 2024 04:27pm

Fiscal Year 2024 Guidance

The Company is updating guidance to the ranges below for Fiscal Year 2024 (which includes sales of Sonoma-Cutrer Vineyards wines in the fourth quarter):

(amounts in millions, except per share data and percentages)Fiscal year ended July 31, 2024
Net sales (including Sonoma-Cutrer Vineyards net sales)$398-$408
Sonoma-Cutrer Vineyards net sales of approximately$16
Adjusted EBITDA$146-$150
Adjusted EPS$0.56-$0.58
Diluted share count123.5
Effective tax rate27%-29%

Posted In: NAPA


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