The duckhorn portfolio announces third quarter 2022 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 april 30, 2022. third quarter 2022 highlights net sales were $91.6 million, an increase of $1.2 million, or 1.3%, versus the prior year period. gross profit was $44.0 million, a decrease of $3.0 million, or 6.3%, versus the prior year period. including an adjustment for a $3.9 million seltzer inventory reserve, adjusted gross profit was $
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