Shares of Duckhorn Portfolio Inc. turned lower in after hours Wednesday after the winemaker reported quarterly earnings that beat Wall Street expectations...
Shares of Duckhorn Portfolio Inc.
turned lower in after hours Wednesday after the winemaker reported quarterly earnings that beat Wall Street expectations and said Chief Executive Alex Ryan was retiring after 35 years with the company. Duckhorn earned $17.8 million, or 15 cents a share, in the fiscal fourth quarter, compared with $5.4 million, or 5 cents a share, in the prior-year quarter. Adjusted for one-time items, the company earned 15 cents a share, which compares with expectations of 13 cents a share, according to FactSet.
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