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Gallo Sells Wild Horse Winery Facility in Paso Robles to Continental Wine Collection // Duckhorn Portfolio Announces Fiscal Second Quarter 2024 Financial Results

March 8, 2024 - Wine Industry Insight Daily News Feed

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“For the second time in three months, Brown-Forman has had to lower its forecast for its annual organic sales. ‘Looking ahead, and with the company hosting an investor day later this month, we think the key question will be to what degree have industry inventories – in the US, in particular – been cleaned up such that growth can get back to a more normal trajectory in fiscal year 2025,’ Barclays analyst Lauren Lieberman said.”

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