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ELSE Nutrition HLDGS INC (BABYF) is a company focused on offering innovative, plant-based, and clean-label nutrition products for infants, toddlers, and children. Their products cater to health-conscious parents seeking wholesome alternatives to traditional dairy-based nutrition. ELSE Nutrition has made significant strides in the market, with recent achievements including the listing of their product range in Quebec, a market with a population of 10 million people. The company's commitment to providing high-quality, plant-powered shakes has led to their availability in over 300 locations nationwide. ELSE Nutrition's products have been recognized for their excellence and suitability for families, further expanding their reach by being available at Midwest retailers. With a strong emphasis on natural health and clean ingredients, ELSE Nutrition is poised for continued growth and success in the nutrition industry.
Else Nutrition Holdings Inc. (BABYF) projects 2Q22 revenues between $2M and $2.2M, marking a 25% to 38% rise compared to 1Q22, fueled by the baby formula crisis. Their new products, Toddler Omega and Cereal Line, are contributing to this growth. CEO Hamutal Yitzhak noted a significant increase in sales on Amazon.com, with a 40% quarter-over-quarter rise in 1Q22 and a doubling of daily sales recently. Additionally, the number of subscribers on Amazon has increased by 20% in four weeks, indicating strong market demand.
Else Nutrition Holdings Inc (BABYF) reported a 26% quarter-over-quarter revenue growth, achieving $1.6M in Q1 2022, up from $1.3M in Q4 2021. The growth is attributed to expanding toddler products and the 40% sequential sales increase on Amazon.com. The company now operates in over 1,300 retail stores and holds a cash balance of $19.8M. Future plans include launching products in Canada and the UK. Management is optimistic about disrupting the $80 billion baby nutrition market.
Else Nutrition Holdings Inc. (BABYF) is set to expand its presence in the Western US by introducing its plant-based complete nutrition products for toddlers and kids. Approved for listing at Lassens Natural Food & Vitamins, these products will be available in May across 11 retail outlets. CEO Hamutal Yitzhak emphasized the significance of this expansion in California, where consumer demand for Else's offerings is already robust. The company focuses on innovative, clean nutrition alternatives and has received accolades for its products, including being the top seller in the baby and toddler formula category on Amazon.
Else Nutrition Holdings Inc. (BABYF) will report its first quarter 2022 financial results on May 16, 2022, at 11 a.m. ET. A conference call will discuss these results, accessible via the company's website. Else Nutrition specializes in plant-based nutrition for infants and children, with products gaining recognition, such as being ranked as the #1 seller in its category on Amazon. The company has received multiple awards for its innovative products and has a strong executive team with backgrounds in leading nutrition firms.
Else Nutrition Holdings Inc. has received formal listing approval for its new Plant-Based Super Cereals on Kroger.com, set to launch by June. This move marks the company's entry into the infant nutrition segment, expanding its offerings alongside existing toddler and kids nutrition products. The Super Cereals are notable for being the first baby cereal in the US to receive the Clean Label Project Purity Award, ensuring safety against over 400 impurities. Else's commitment to clean and safe food aligns with growing consumer awareness about nutrition for babies and toddlers.
Else Nutrition Holdings Inc. has announced that Amazon will now accept Electronic Benefits Transfer (EBT) for the purchase of its products, allowing low-income families to access its plant-based nutritional options. This initiative aims to enhance the availability of clean and complete nutrition for children across the U.S., potentially reaching millions of eligible families. The company's products, recognized for their quality, have received accolades including the Good Housekeeping Parenting Award and are ranked highly on various platforms.
Else Nutrition Holdings Inc. reports strong revenue growth, anticipating Q1 2022 revenues at the high end of earlier projections, between C$1.45M and C$1.6M, marking a 15% to 25% increase over Q4 2021. For Q2 2022, revenues are expected between C$1.8M and C$2.0M, driven by product launches including Else Toddler Omega and Else Super Cereal. Sales on Amazon.com surged 40% QoQ in Q1 2022, with subscriber numbers exceeding 1,000. The company aims for continued sales growth with future launches planned in Canada, China, and Europe.
Else Nutrition (OTCQX: BABYF) has launched Else Super Cereal for babies, a plant-based, non-GMO cereal awarded the Clean Label Project Purity Award for safety from toxins and heavy metals. This cereal is designed for infants aged six months and older, offering a nutritious alternative to traditional baby foods. It is gluten-free, made from whole foods, and includes essential vitamins, minerals, and proteins. Priced at $6.99 per 7oz pouch, the product is available for purchase on Amazon and will be sold in select retailers.
Else Nutrition Holdings Inc. (BABYF) has launched its Else Super Cereal, a first-of-its-kind baby cereal in the U.S. to receive the Clean Label Project Purity Award Certification, ensuring it meets rigorous safety standards. The plant-based cereal is available on Amazon starting this week at $6.99 per 7oz pouch. The product is designed for infants aged six months and older and includes four flavors, boasting balanced nutrition with essential vitamins and minerals while being free from allergens and artificial ingredients. Retail demand is reported to be strong.
Else Nutrition Holdings Inc. announced the successful expansion of its product line with the launch of Else Plant-Based Kids Shakes in chocolate and vanilla flavors, now available at all 65 Rouses Markets in Louisiana, Mississippi, and Alabama. These shakes, free from dairy, soy, and gluten, contain 50% less sugar than competitors and are based on clean, whole food ingredients. The company continues to receive accolades for its Toddler Nutrition line, which has garnered multiple awards, including the Good Housekeeping Parenting Award.
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