Dear Client: The Duckhorn Portfolio reported a net sales increase of 1.4% for the third quarter ended April 30, driven by a shift in timing of the Kosta Browne Appellation Series release. Volumes were down 4.6% for the quarter. The wholesale to distributor and California wholesale direct-to-trade channels were negatively impacted by the weaker demand environment, … Continue reading “Duckhorn Expects Wholesale Improvement Following Distrib Realignment”
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This Article was originally published on Wine and Spirits Daily