The Duckhorn Portfolio Shares Down 8% Despite Strong Q4 Results
<p><a href='https://financialmodelingprep.com/financial-summary/NAPA'>The Duckhorn Portfolio, Inc. (NYSE:NAPA) </a>closed with an 8.63% loss on Tuesday despite the company’s reported strong Q4 results.</p>
<p>The company delivered meaningful beats across metrics and issued encouraging initial full 2022-year guidance. </p>
<p>The company’s net sales increased 35.7% year-over-year, well exceeding the consensus expectations of 14.9% growth. However, the company suggested wine category growth has slowed in recent weeks.</p>

NYSE:NAPA