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STAAR Surgical Company reported a 5% increase in net sales to $77.4 million for the first quarter of 2024. The company saw a 9% growth in ICL sales and a 2% increase in units. Gross margin was at 78.9%, and adjusted EBITDA was $5.3 million or $0.11 per share. However, there was a net loss of $3.3 million or $0.07 loss per share compared to net income of $2.7 million or $0.05 income per share in the previous year. STAAR Surgical reiterated its fiscal 2024 net sales outlook range of $335 million to $340 million and expects to be at the higher end of the range. Cash, cash equivalents, and investments available for sale were $252.1 million at the end of March 29, 2024.
Club Crisps collaborates with Mike's Hot Honey to launch a -edition flavor, combining sweet and spicy for a unique snacking experience. Priced at $3.99 per 7.1-ounce bag, the new flavor will be available starting in May. The collaboration aims to tap into the growing 'Swicy' trend and offers a buttery base with the signature sweet-heat combo of 100% pure honey infused with chili peppers.
Nutri-Grain introduces new Power-Fulls protein bites in response to hangry moments, launching a nationwide contest to find a 'Head of Hanger Management' with a $20,000 reward. The selected candidate will collaborate with Nutri-Grain to create social content and brainstorm product innovations.
Kellanova (NYSE: K) released its 2024 first quarter earnings results, featuring detailed financial information available on the company website and SEC filings. The public presentation, led by executive management, will provide further insights into the results.
Pop-Tarts® collaborates with filmmakers to release a comedic Digital Short written by and starring Jerry Seinfeld, alongside -edition 'Trat-Pops' boxes, and various in-store and online activities to celebrate the release of the film 'UNFROSTED' on Netflix. The partnership offers fans a chance to enjoy the movie with a Pop-Tarts® toaster pastry and includes a Digital Short featuring Jerry Seinfeld, -edition 'Trat-Pops' boxes, in-store and online activations, social media content, and surprises throughout the film's press tour. This collaboration marks Pop-Tarts' 60th anniversary and aims to inspire creativity and fandom among its audience.
Kellanova (NYSE: K) declares a regular dividend of $0.56 per share for the second quarter and plans to increase it to $0.57 per share in the third quarter of 2024. The dividend is payable on June 14, 2024, to shareholders of record on June 3, 2024. This marks the 398th dividend payment since 1925.