By Daniella Parra
The Duckhorn Portfolio, Inc. (NYSE: NAPA) saw a gross profit of $58.3 million, an increase of $3.1 million, and an adjusted EBITDA of $42.7 million, an increase of $3.9 million for the fiscal second quarter 2024, they said.
The company reported net sales were $103 million, a decrease of $400,000, or 0.4%, versus the prior year period.
“Our new guidance implies a second half growth rate of low-to-mid single digit net sales growth,” said Chief Financial Officer, Jennifer Fall Jung. “As a leading luxury wine company, we remain confident in our ability to continue to take share and deliver sustained, profitable, long-term growth.”
Contact:
Executives-edge.com
Editor@Executives-edge.com
