The Duckhorn Portfolio, Inc. Reports Robust Revenue Growth and Strong Net Income for Fiscal Year 2023
Revenue surges to $403 million, while net income reaches $69 million for The Duckhorn Portfolio, Inc.
By USInMinutes
Published - Sep 28, 2023, 09:24 AM ET
Last Updated - Sep 28, 2023, 09:24 AM EDT
The Duckhorn Portfolio, Inc.(NAPA), a renowned player in the wine indust ry, has released its consolidated financial statements for the fiscal year ending July 31, 2023. The company's impressive financial performance showcases significant growth in both revenue and net income compared to the previous year.
Net Income Soars to $69 Million
The Duckhorn Portfolio, Inc. reported a remarkable increase in net income for the fiscal year 2023. Net income surged to $69 million, a substantial rise from the $60.2 million recorded in the previous fiscal year. This notable growth in net income highlights the company's successful strategies and effective financial management.
Revenue Reaches $403 Million
