The duckhorn portfolio announces fourth quarter and fiscal year 2023 financial results

St. helena, calif.--(business wire)--the duckhorn portfolio, inc. (nyse: napa) (the “company”) today reported its financial results for the three months and fiscal year ended july 31, 2023. fourth quarter 2023 highlights net sales were $100.1 million, an increase of $22.1 million, or 28.3%, versus the prior year period. gross profit was $55.3 million, an increase of $16.0 million, or 40.6%, versus the prior year period. gross profit margin was 55.2%, up 480 basis points versus 50.4% in the prio.
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