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Whole Earth Brands Inc - FREE STOCK NEWS

Welcome to our dedicated page for Whole Earth Brands news (Ticker: FREE), a resource for investors and traders seeking the latest updates and insights on Whole Earth Brands stock.

Whole Earth Brands Inc. (NASDAQ: FREE) provides investors and industry stakeholders with timely updates through its centralized news hub. Track official announcements, financial disclosures, and strategic developments from the leader in natural sweeteners and plant-based ingredients.

This resource offers comprehensive coverage of earnings reports, product innovations, and operational milestones. Users gain insights into FREE's role in clean label trends and non-sugar alternatives across food retail, pharmaceuticals, and consumer goods sectors.

Discover updates spanning:
Financial performance including quarterly results
Product expansions in tabletop sweeteners and licorice applications
Strategic partnerships enhancing global distribution networks
Industry recognition for sustainable ingredient solutions

Bookmark this page for direct access to primary source materials and analysis-free updates. Check regularly for the latest developments impacting FREE's position in natural consumer markets.

Rhea-AI Summary

Whole Earth Brands, Inc. reported first-quarter 2024 financial results, including consolidated revenue of $129.5 million, a 2.2% decrease. Branded CPG revenue decreased 3.5%, while Flavors & Ingredients revenue grew 2.1%. Operating income was $3.1 million, and Adjusted EBITDA was $19.1 million. The company is progressing towards a pending go-private transaction. Consolidated gross profit margin increased to 28.8%, and Adjusted EBITDA was $19.1 million.

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Whole Earth Brands, Inc. reported a positive financial performance for the fourth quarter and full year of 2023, with revenue growth, improved operating income, and strong cash flow generation. The company's consolidated revenue increased by 2.3% to $550.9 million for the full year, with operating income of $15.4 million and Adjusted EBITDA of $78.3 million. In the fourth quarter, revenue rose by 8.8% to $151.2 million, with operating income of $2.7 million and Adjusted EBITDA of $22.5 million. Whole Earth Brands also announced a pending go-private transaction with Ozark Holdings, LLC, expected to close in the second quarter of 2024.
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Whole Earth Brands, Inc. announces acquisition by Sweet Oak Parent in an all-cash transaction at $4.875 per share, representing a 56% premium over the previous share price. The deal concludes the Company's strategic evaluation, with a special committee and disinterested Board members unanimously supporting the transaction.
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Whole Earth Brands, Inc. (Nasdaq: FREE) achieves another quarter of record sales with consolidated revenue of $134.4 million, a 4.2% growth in Flavors & Ingredients revenue, and a revised full year outlook. The company is focused on margin improvement and delivering enhanced productivity.
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Whole Earth Brands, Inc. will release its financial results for Q3 2023 on November 9, 2023. The company will host a conference call and webcast to discuss the results.
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Whole Earth Brands implements executive transition as Special Committee evaluates potential strategic alternatives. Rajish Ohri and Jeffrey Robinson appointed as Interim Co-CEOs.
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Whole Earth Brands Inc

Nasdaq:FREE

FREE Rankings

FREE Stock Data

211.57M
29.11M
32.85%
49.79%
3.87%
Packaged Foods
Sugar & Confectionery Products
Link
United States
CHICAGO