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# What We're Reading --
- URL: https://bevnews.net/what-were-reading/
- Published: 2022-08-16T20:31:20.000Z
- Updated: 2022-08-16T20:31:20.000Z
- Author: Joel Whitaker

# [Is Inflation Pushing Us to Drink Less Alcohol?](https://www.thestreet.com/investing/alcohol-spending-during-inflation?ref=bevnews.net)

Inflation's effect on drinking alcoholic beverages depends on how much you earn. (The Street)

# [Earnings Tell The Story For The Duckhorn Portfolio, Inc. (NYSE:NAPA)](https://www.nasdaq.com/articles/earnings-tell-the-story-for-the-duckhorn-portfolio-inc.-nyse%3Anapa?ref=bevnews.net)

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 15x, you may consider **The Duckhorn Portfolio, Inc.** (NYSE:NAPA) as a stock to avoid entirely with its 35x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly elevated P/E. (Simply Wall St.)