Duckhorn’s Wholesale Biz the “Greatest Contributor to Growth” in Q1

Dear Client:   The first quarter of fiscal 2023 (ended October) marked "another all-time high in quarterly net sales" for The Duckhorn Portfolio, said chief Alex Ryan on yesterday evening's earnings call. Organic net sales were up nearly 4% in Q1 to $108.2 million, driven by strong volume growth, up 9.2%, led by the Duckhorn Vineyard and Decoy brands.  More specifically, cfo Lori Beaudoin added that the wholesale to distributor channel was the "greatest contributor to growth" in Q1, up