The Duckhorn Portfolio, Inc. (NAPA) Tops Q3 EPS by 4c; Lifts Outlook

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Go back to The Duckhorn Portfolio, Inc. (NAPA) Tops Q3 EPS by 4c; Lifts Outlook

The Duckhorn Portfolio Announces Third Quarter 2023 Financial Results

June 8, 2023 4:05 PM EDT

Raises Fiscal Year 2023 Outlook

Net Sales of $91.2 million

Net Income of $16.8 million; Adjusted Net Income of $19.0 million

Adjusted EBITDA of $35.8 million

ST. HELENA, Calif.--(BUSINESS WIRE)-- The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the Company) today reported its financial results for the three months ended April 30, 2023.

Third Quarter 2023 Highlights

Net sales were $91.2 million, a decrease of $0.3 million, or 0.4%, versus the prior year period. Gross profit was... More