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Whole Earth Brands, Inc. (symbol: FREE) is a leading global platform offering a variety of branded products and ingredients that cater to the growing consumer demand for natural alternatives, plant-based, clean-label, and non-sugar products. Based in Chicago, Illinois, the company plays a key role in the food industry by providing high-quality, plant-based sweeteners, flavor enhancers, and other food products through its diverse portfolio of brands.
Whole Earth Brands operates in two primary segments: Branded Consumer Packaged Goods (CPG) and Flavors & Ingredients. The Branded CPG segment is the largest revenue generator, offering a wide range of sweetener formulations under popular brands such as Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal. These products are marketed and distributed through various channels including food retail, mass merchandising, pharmacies, and food service outlets.
In addition to sweeteners, Whole Earth Brands also produces and sells licorice products. These licorice products find applications across a multitude of industries including confectionery, food, beverage, cosmetics, pharmaceuticals, personal care, and tobacco. The company’s commitment to quality and innovation has earned it a significant presence in major markets worldwide, with key revenue streams coming from North America, Europe, Latin America, India, the Middle East, Africa, and other regions.
Recent achievements and current projects highlight Whole Earth Brands’ dedication to fostering healthier lifestyles through better food choices. The company continuously innovates and expands its product lines to meet evolving consumer preferences. With ongoing partnerships and strong financial performance, Whole Earth Brands is well-positioned to remain a significant player in the global market for natural and plant-based foods.
Whole Earth Brands (Nasdaq: FREE) will release its first quarter 2022 financial results on May 10, 2022, before market opening. A conference call to discuss these results will take place at 8:30 AM ET, featuring CEO Albert Manzone and CFO Duane Portwood.
Dial-in details for the call include (877) 704-4453 for domestic and (201) 389-0920 for international callers. A replay will be available until May 24, 2022. The event will also be accessible via the company's Investor Relations website.
Whole Earth Brands, Inc. (Nasdaq: FREE) reported strong financial results for Q4 and the full year of 2021, showcasing a consolidated revenue growth of 79% year-over-year. The fourth quarter marked a 75% revenue increase, driven by acquisitions of Swerve and Wholesome. Operating income surged to $6.4 million, with adjusted EBITDA reaching $20.6 million, a 47% increase. For 2022, the company expects revenue between $530 million to $545 million, reflecting a reported growth of 7% to 10%. Challenges remain due to supply chain issues, but pricing actions aim to mitigate inflationary pressures.
Whole Earth Brands (Nasdaq: FREE) announces that CEO Albert Manzone and CFO Duane Portwood will participate in a fireside chat at the 34th Annual Virtual Roth Conference on March 15, 2022. The event will be broadcasted live, and investors can access the audio webcast via the Company's Investor Relations website. An archived replay will be available post-event. Whole Earth Brands promotes healthier lifestyles through its diverse range of plant-based sweeteners and other food products, distributing worldwide.
Whole Earth Brands (Nasdaq: FREE) will announce its financial results for Q4 and full year 2021 on March 14, 2022, before market opens. A conference call, led by CEO Albert Manzone and CFO Duane Portwood, is scheduled for 8:30 AM ET on the same day to discuss the results. Investors can access the call at (877) 705-6003 or (201) 493-6725 for international calls. A replay will be available until March 28, 2022. Whole Earth Brands specializes in plant-based sweeteners and aims to meet rising consumer demand for healthier food options.
Whole Earth Brands appoints Duane Portwood as CFO, effective January 10, 2022. Portwood brings over 30 years of financial expertise from various sectors including CPG and pharmaceuticals. CEO Albert Manzone expressed confidence that Portwood's strategic depth will support growth initiatives and enhance shareholder value. As part of the announcement, both Portwood and Manzone will engage in a fireside chat at the ICR Conference on the same day, demonstrating the company's commitment to transparency and investor engagement.
Whole Earth Brands, Inc. (Nasdaq: FREE) announced its participation in a fireside chat at the 2022 ICR Conference on January 10th at 2:00 pm ET. The event aims to highlight the company's commitment to healthier lifestyles through its range of plant-based sweeteners and food products. A live audio webcast will be available on the Investor Relations website, with an archived replay accessible post-event. Whole Earth Brands strives to meet rising consumer demand for dietary options and enhance wellness through its trusted product portfolio.
Whole Earth Brands (Nasdaq: FREE) announced its CEO, Albert Manzone, will present at the Canaccord Genuity AgriFood Tech Innovations Virtual Forum on December 2, 2021, at 12:30 pm ET. The event will be accessible via a live audio webcast on the Company's Investor Relations website, with a replay available shortly after the event concludes. Whole Earth Brands focuses on healthier lifestyles by providing premium plant-based sweeteners and flavor enhancers, aiming to meet the growing consumer demand for diverse dietary options.
Whole Earth Brands (Nasdaq: FREE) announced a presentation by CEO Albert Manzone and CAO Brian Litman at the Jefferies Virtual West Coast Consumer Conference on November 17 at 4:30 pm ET. The event will be accessible via a live audio webcast on the Company's Investor Relations website, with an archived replay available post-event.
Whole Earth Brands focuses on providing plant-based sweeteners and food products globally, catering to the growing consumer demand for healthy dietary options.
Whole Earth Brands reported a remarkable 92.4% revenue growth in Q3 2021, driven by strategic acquisitions. Organic constant currency revenue grew 6.1% year-over-year, with branded CPG segment growth of 7.6% compared to 2020. Operating income reached $13.5 million, while adjusted EBITDA hit a record $22.1 million. The company reiterated its full-year guidance, projecting net product revenues between $493 million and $505 million, indicating growth expectations of over 78%.
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