The Duckhorn Portfolio, Inc. (NYSE:NAPA) Q4 2023 Earnings Conference Call September 27, 2023 4:30 PM ET
Company Participants
Sean Sullivan - Executive Vice President, Chief Strategy & Legal Officer
Jennifer Fall Jung - Executive Vice President & Chief Financial Officer
Conference Call Participants
Christian Junquera - Bank of America
Lauren Lieberman - Barclays
Andrew Strelzik - BMO Capital Markets
Andrea Teixeira - JPMorgan
Operator
Good afternoon and thank you for attending today's Duckhorn Portfolio Q4 and Full Year 2023 Earnings Conference Call. My name is Sierra [ph] and I'll be your moderator for today. [Operator Instructions]
I would now like to pass the conference over to our host, Sean Sullivan. Please proceed.
Sean Sullivan
Good afternoon and welcome to The Duckhorn Portfolio's fourth quarter and fiscal year 2023 earnings conference call. Joining me on today's call is Jennifer Fall Jung, our Chief Financial Officer. Following my opening remarks, Jennifer will walk us through our quarterly results and the details of our fiscal year 2024 financial guidance that we are issuing today. I will then conclude with some closing remarks before we take questions. By now, everyone should have access to the earnings release for the fiscal quarter and fiscal year ended July 31, 2023, that was distributed at approximately 4:05 PM Eastern Time. The press release and an accompanying presentation are 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, I would like to remind you that today's discussion contains forward-looking statements based on the environment as we currently see it and as such, includes 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 retail scanner data cited on today's call is sourced from Circana which was formerly known as IRI. And we'll refer to dollar consumption for the 12-week period ended July 30, 2023 and growth versus the same period in the prior year in U.S. tax [ph] channels, unless otherwise noted.