Duckhorn Portfolio Expands US Distribution with Johnson Brothers Partnership

Benzinga · 07/01 10:01

The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") announced today that it has entered into expanded distribution agreements with Johnson Brothers. The Company's entry into these agreements is the second phase of a comprehensive strategic evaluation of its wholesale distribution network across the United States, with the goal of driving the profitable growth of the Company's sales through a substantial increase in focus and investment in the wholesale channel. It is expected that Johnson Brothers will begin distribution of The Duckhorn Portfolio's wines in their new territory later this summer.