Duckhorn Portfolio, Inc. [Rocket]

In millions, except per share items	Jul-31-23	Jul-31-22	Jul-31-21	Jul-31-20	Jul-31-19
	10-K	10-K	10-K	10-K	10-K
Revenues:
CANADA	7.3	7.8	5.4	3.7	3.6
UNITED STATES	379.3	348.9	318.4	258.4	228.8
Other	16.4	15.8	12.9	8.5	8.8
Total revenues	403.0	372.5	336.6	270.6	241.2
Revenue growth [+]	8.2%	10.7%	24.4%	12.2%
CANADA	-5.7%	45.1%	43.8%	3.9%
UNITED STATES	8.7%	9.6%	23.2%	13.0%
Cost of goods sold	187.3	187.3	169.3	133.8	128.2
Gross profit	215.7	185.2	167.3	136.9	113.0
Gross margin	53.5%	49.7%	49.7%	50.6%	46.8%
Selling, general and administrative	109.7	97.7	89.8	65.9	65.7
EBITDA [+]	133.7	110.9	98.9	93.7	72.3
EBITDA growth	20.6%	12.1%	5.5%	29.6%
EBITDA margin	33.2%	29.8%	29.4%	34.6%	30.0%
Depreciation	20.2	15.8	13.6	15.1	17.4
EBITA	113.6	95.0	85.2	78.7	55.0
EBITA margin	28.2%	25.5%	25.3%	29.1%	22.8%
Amortization of intangibles	7.6	7.6	7.7	7.7	7.7
EBIT [+]	106.0	87.4	77.5	71.0	47.3
EBIT growth	21.2%	12.8%	9.2%	50.2%
EBIT margin	26.3%	23.5%	23.0%	26.2%	19.6%
Non-recurring items [+]		0.1	-6.6	7.8	-8.6
Asset impairment				11.8
Unusual expense		0.1	-6.6	-4.0	-8.6
Interest expense	11.7	6.8	13.6	17.9	20.9
Interest expense	11.7	6.8	13.6	17.9	20.9
Other income (expense), net	0.2	2.2	6.5	-2.5	-5.0
Pre-tax income	94.5	82.8	77.0	42.8	29.9
Income taxes	25.2	22.5	21.0	10.4	7.8
Tax rate	26.7%	27.2%	27.3%	24.4%	26.2%
Minority interest	0.0	0.0	0.0	0.0	0.0
Net income	69.3	60.2	56.0	32.4	22.1
Net margin	17.2%	16.2%	16.6%	12.0%	9.2%

Basic EPS [+]	$0.60	$0.52	$0.52	$0.32	$0.22
Growth	15.0%	-0.3%	64.8%	46.5%
Diluted EPS [+]	$0.60	$0.52	$0.52	$0.32	$0.22
Growth	15.1%	-0.3%	64.4%	46.5%

Dividends per share [+]			$0.94
Growth		-100.0%

Shares outstanding (basic) [+]	115.2	115.1	106.7	101.7	101.7
Growth	0.1%	7.9%	4.9%	0.0%
Shares outstanding (diluted) [+]	115.4	115.4	106.9	101.7	101.7
Growth	0.0%	7.9%	5.1%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.