The Duckhorn Portfolio, Inc.

Good afternoon. Thank you for attending today's Duckhorn Portfolio Fiscal Year 2023 Second Quarter Earnings Conference Call. My name is Tamiya, and I will be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press star 1 on your telephone keypad. It is now my pleasure to pass the conference over to your host, Sean Sullivan, Chief Strategy and Legal Officer.

You may proceed.

Good afternoon and welcome to the Duckhorn Portfolio's second quarter 2023 earnings conference call. Joining me on today's call are Alex Ryan, our president, CEO, and chairman, and Lori Bedoin, our chief financial officer. In a moment, we will give brief remarks followed by Q&A. By now, everyone should have access to the earnings release for the fiscal quarter ended January 31st, 2023, that went out at approximately 4.05 p.m. 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, 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 perspectives 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 total U.S. food scanner data cited on today's call will refer to dollar or unit consumption for the 12-week period ended January 29, 2023, and growth versus the same period in the prior year, unless otherwise noted. With that, I will turn the call over to Alex.