Duckhorn Ups Fiscal Year Guidance, Confident in Luxury Wine Trends

Dear Client:   The Duckhorn portfolio reported a net sales increase of nearly 5% for the second quarter ended January 31, which was at the high end of the company's expectations and on top of strong double digit growth from the prior year period, chief Alex Ryan said on yesterday evening's earnings call. "This marks a sequential acceleration on our two-year trends with wholesale volume remaining the primary driver to our growth." Overall, Q2 net sales growth was driven by