Duckhorn Posts Double-Digit Growth in Q1
Dear Client: The Duckhorn Portfolio reported double-digit growth in the first quarter ended October. Net sales were up nearly 20% and volumes were up 24.7%, largely driven by the addition of Sonoma-Cutrer. Excluding Sonoma-Cutrer, net sales were down 8.2%, negatively impacted by one-time inventory transfers “as outgoing distributors in certain states transferred unsold inventory … Continue reading “Duckhorn Posts Double-Digit Growth in Q1”
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