Duckhorn’s Wholesale Biz Drives Double-Digit Growth in Q4

Dear Client: The Duckhorn Portfolio posted healthy growth for the fiscal year ended July 2023, with net sales up 8.2%. In Q4, net sales were up over 28% over the prior year period, driven by a strong price/mix (up 18%) and volume growth (up 10.6%), noted new cfo Jennifer Fall Jung on yesterday afternoon's earnings call. "Our strategies to drive profitable sales growth through leveraging our brand strength, evolving our portfolio, expanding our wholesale network, and growing our DTC channel continued to