Another Strong Quarter Prompts Duckhorn to Improve Full Year Guidance

Dear Client:  The Duckhorn portfolio reported a net sales increase of 18% for the second quarter ended January 31. "In spite of Omicron's short-term disruption to the economy, we were able to deliver continued strong performance in the on-premise as our off-premise business showed great resiliency and actually accelerated on top of solid positive growth observed earlier in the year," said ceo Alex Ryan on yesterday evening's earnings call. In the latest IRI data, the company was the fastest-growing wine supplier among