The Duckhorn Portfolio, Inc. (NAPA) Tops Q1 EPS by 6c; Offers Guidance
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The Duckhorn Portfolio Announces First Quarter 2022 Financial Results
December 8, 2021 4:15 PM ESTNet Sales Increase 13.7%
Gross Margins Expand Nearly 200 Basis Points
Net Income of $21.3 million; Adjusted Net Income of $23.5 million
Adjusted EBITDA of $38.1 million
ST. HELENA, Calif.--(BUSINESS WIRE)-- The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the Company), today reported its financial results for the three months ended October 31, 2021.
First Quarter 2022 Highlights
Net sales were $104.2 million, an increase of $12.6 million, or 13.7%, versus the prior year period. Gross profit... More