The Duckhorn Portfolio, Inc. (NAPA) Tops Q2 EPS by 2c; Bumps Guidance
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The Duckhorn Portfolio Announces Second Quarter 2022 Financial Results
March 10, 2022 4:15 PM EST
Net Sales Increase 18.0%
Net Income of $17.9 million; Adjusted Net Income of $19.5 million
Adjusted EBITDA of $34.3 million
Raises Fiscal Year 2022 Guidance
ST. HELENA, Calif.--(BUSINESS WIRE)-- The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the Company) today reported its financial results for the three months ended January 31, 2022.
Second Quarter 2022 Highlights
Net sales were $98.7 million, an increase of $15.1 million, or 18.0%, versus the prior year period. Gross profit was $49.5 million, an increase of $7.7 million, or 18.5%,... More