The Duckhorn Portfolio, Inc. (NYSE:NAPA) Q3 2022 Earnings Conference Call June 2, 2022 5:00 PM ET
Company Participants
Sean Sullivan - EVP, Chief Administrative Officer & General Counsel
Alex Ryan - President, CEO and Chairman
Lori Beaudoin - EVP and CFO
Conference Call Participants
Andrea Teixeira - JPMorgan
Heather Gornik - Barclays
Robert Ottenstein - Evercore
Kevin Grundy - Jefferies
Operator
Greetings, and welcome to the Duckhorn Portfolio's Third Quarter 2022 Earnings Conference Call.
At this time, all participant are in a listen-only mode. After the speaker's presentation there will be a question-and-answer session. As a reminder, this conference call is being recorded.
I would now like to turn the conference over to your host, Sean Sullivan, Executive Vice President, Chief Strategy and Legal Officer. Please go ahead.
Sean Sullivan
Good afternoon, and welcome to the Duckhorn Portfolio's Third Quarter 2022 Earnings Conference Call. Joining me on today's call are Alex Ryan, our President, CEO and Chairman; and Lori Beaudoin, our Chief Financial Officer.
In a moment, we will give brief remarks followed by Q&A. Everyone should have access to the earnings release for the period ended April 30, 2022, the third quarter of fiscal year 2022 that went out at approximately 4:15 PM Eastern Time. The press release is accessible on the company's website at ir.duckhorn.com. And shortly after the conclusion of today's call, a webcast will be archived for the next 30 days. Before we begin, let me remind everyone that today's discussion contains forward-looking statements based on the environment as we currently see it and as such, does include risks and uncertainties.
If you refer to Duckhorn's earnings release as well as the company's most recent SEC filings, you will see a discussion of factors that could cause the company's actual results to differ materially from these forward-looking statements. Please remember the company undertakes no obligation to update or revise these forward-looking statements in the future.
We will make a number of references to non-GAAP financial measures. We believe that these measures provide investors with useful perspective on the underlying growth trends of the business and have included in our earnings release a full reconciliation of non-GAAP financial measures to the most comparable GAAP measures.
In addition, please note that all IRI consumption data cited on today's call will refer to dollar consumption for the 13-week period ended May 1, 2022, and growth versus the same period in the prior year unless otherwise noted. With that, I will turn the call over to Alex.