Brown-Forman announced that it completed the sale of Sonoma-Cutrer Vineyards and related brand trademarks to The Duckhorn Portfolio, Inc. on April 30, 2024. In November 2023, Brown-Forman disclosed it had reached an agreement to sell the brand in exchange for an ownership percentage of approximately 21.5% in The Duckhorn Portfolio and $50 million. As part of the agreement, The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
8.04 USD | -1.71% | -0.74% | -18.38% |
May. 02 | Wedbush Adjusts Duckhorn Portfolio's PT to $10 From $11, Keeps Outperform Rating | MT |
May. 01 | The Duckhorn Portfolio, Inc. Appoints Marshall Farrer and Tim Nall to its Board of Directors | CI |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-18.38% | 1.2B | |
+7.05% | 6.24B | |
+4.72% | 1.9B | |
+15.26% | 986M | |
-25.19% | 929M | |
+14.81% | 870M | |
+0.41% | 788M | |
+1.88% | 515M | |
-17.70% | 420M | |
+15.85% | 338M |
- Stock Market
- Equities
- NAPA Stock
- News The Duckhorn Portfolio, Inc.
- The Duckhorn Portfolio, Inc. Appoints Marshall Farrer and Tim Nall to its Board of Directors