From Yahoo Finance: 2025-05-07 12:19:00

Duckhorn Portfolio will concentrate on four core wineries to scale profitably, closing some tasting rooms. These wineries make up 96% of net sales and are the biggest growth opportunity. The luxury wine group will prioritize brands in the $15-50 premium segment. Duckhorn aims to become the leader in American luxury wine.

The company will shift focus away from some brands that generated just 3.9% of total gross profit. Tasting rooms not contributing significantly to revenue will close by June, including locations in California and Washington. Despite closures, Sonoma-Cutrer’s wholesale business and winemaking operations will remain a priority for growth.

Recent management changes include the appointment of a new CEO and chief growth officer. The decision to consolidate the portfolio and close tasting rooms aims to position Duckhorn for expansion and profitability. The company plans to focus on key wineries with high growth potential in the luxury wine market.



Read more at Yahoo Finance: Duckhorn to consolidate portfolio, close tasting rooms