Oct. 7 at 8:15 PM
$NAPA Earnings:
- Net sales were
$107.4 million, an increase of
$7.3 million, or 7.3%, versus the prior year. Excluding Sonoma-Cutrer, net sales declined
$13.9 million or 13.9% versus the prior year, due primarily to the shift in timing of the Kosta Browne Appellation Series release into Q3 in fiscal 2024 from Q4 in fiscal 2023.
- Gross profit was
$51.3 million, a decrease of
$4.0 million, or 7.2%, versus the prior year. Gross profit margin was 47.8%, versus 55.2% in the prior year.
