The duckhorn portfolio announces fiscal first quarter 2024 financial results

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, 2023. first quarter 2024 highlights net sales were $102.5 million, a decrease of $5.7 million, or 5.2%, versus the prior year period. gross profit was $53.9 million, a decrease of $0.9 million, or 1.6%, versus the prior year period. gross profit margin was 52.5%, up 190 basis points versus the prior year period. net income was.
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