Start Time: 16:30 January 1, 0000 5:13 PM ET
The Duckhorn Portfolio, Inc. (NYSE:NAPA)
Q2 2024 Earnings Conference Call
March 07, 2024, 16:30 PM ET
Company Participants
Deirdre Mahlan - Interim President, CEO and Chairperson
Jennifer Fall Jung - EVP and CFO
Sean Sullivan - EVP, Chief Strategy and Legal Officer
Ben Avenia-Tapper - VP, IR
Conference Call Participants
Nik Modi - RBC
Kaumil Gajrawala - Jeffries
Lauren Lieberman - Barclays
Greg Porter - Evercore
Drew Levine - JPMorgan
Andrew Strelzik - BMO
Peter Galbo - Bank of America
Operator
Good evening, ladies and gentlemen. Thank you for joining today's Duckhorn Portfolio Q2 2024 Earnings Conference Call. My name is Cole, and I'll be the moderator for today's call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. [Operator Instructions].
I'd now like to turn the call over to our host, Ben Avenia-Tapper, Vice President, Investor Relations. Please proceed.
Ben Avenia-Tapper
Good afternoon, and welcome to the Duckhorn Portfolio's second quarter 2024 earnings conference call. Joining me on today's call are Deirdre Mahlan, Interim President, Chief Executive Officer and Chairperson; Jennifer Fall Jung, Chief Financial Officer; and Sean Sullivan, Chief Strategy and Legal Officer. In a moment, we will give brief remarks followed by a Q&A.
By now, everyone should have access to the earnings release for the second quarter ended January 31, 2024, that went out 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, earnings presentation, and 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 according to Circana and will refer to dollar or unit consumption for the 12-week period ended January 28, 2024, and growth versus the same period in the prior year in U.S. track channels, unless otherwise noted.