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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, Inc. (Nasdaq: FREE) will report its Q3 2021 financial results on November 9, 2021, prior to market open. A conference call hosted by CEO Albert Manzone and Chief Accounting Officer Brian Litman is scheduled for 8:30 AM ET on the same day. The call can be accessed via phone or webcast, with a replay available until November 23, 2021. Whole Earth Brands specializes in plant-based sweeteners and is committed to meeting growing consumer demands through its extensive product portfolio and global distribution network.
Whole Earth Brands (Nasdaq: FREE) announced the resignation of Chief Financial Officer Andy Rusie, effective October 8, 2021, to pursue opportunities outside the consumer packaged goods sector. CEO Albert Manzone expressed gratitude for Rusie's significant contributions, which established a strong financial reporting foundation. Brian Litman, Corporate Controller, will serve as Chief Accounting Officer until a new CFO is appointed. The company is actively searching for a new CFO with public company experience to support its growth strategy.
Whole Earth Brands (Nasdaq: FREE) announced participation in several virtual investor events in September 2021. Key events include the Barclays Global Consumer Staples Conference on September 8, the Cowen Health, Wellness, & Beauty Summit on September 14 featuring a fireside chat at 11:20 am ET, and the Lake Street Capital BIG5 Conference on September 15, which will consist of meetings only. Additionally, the Roth Webinar is scheduled for September 22 at 11:00 am ET. Interested investors can access webcasts and meeting details through the company's investor relations website.
Whole Earth Brands reported a remarkable 130% increase in second-quarter Branded CPG segment revenue, attributed to strategic acquisitions of Swerve and Wholesome. Consolidated revenues reached $126.5 million, marking an 89.3% year-over-year growth. Operating income improved to $6.0 million, while Adjusted EBITDA hit a record $22.0 million. Despite gross profit margin decline to 32.7%, driven by Wholesome’s private label business, the company reiterated its 2021 guidance, forecasting net revenues of $493 million to $505 million.
Whole Earth Brands (Nasdaq: FREE) announced that CEO Albert Manzone and CFO Andy Rusie will present at the Canaccord Genuity 41st Annual Growth Conference on August 11th at 4:00 PM ET. The live presentation will be accessible via the Company’s Investor Relations website, with an archived replay available afterward.
Whole Earth Brands focuses on promoting healthier lifestyles through a range of premium plant-based sweeteners and food products, catering to the growing demand for diverse dietary options.
Whole Earth Brands (Nasdaq: FREE) will release its Q2 2021 financial results on August 9, 2021, before market opening. A conference call to discuss these results will take place at 8:30 AM ET on the same day, featuring CEO Albert Manzone and CFO Andy Rusie. Investors can access the call via phone or through a live audio webcast on the company’s Investor Relations website. A replay will be available until August 23, 2021. Whole Earth Brands focuses on providing premium plant-based sweeteners and other food products, catering to the growing demand for healthier lifestyles.
Whole Earth Brands (Nasdaq: FREE) announces a presentation by CEO Albert Manzone and CFO Andy Rusie at the Jefferies Virtual Consumer Conference on June 23, 2021, at 9:10 AM ET. The live audio webcast will be available on the Company's Investor Relations website, with an archived replay accessible after the event.
Whole Earth Brands is a global food company focused on healthier lifestyles through premium plant-based sweeteners and other products. It operates in over 100 countries, emphasizing innovative dietary options and local preferences.
Whole Earth Brands (Nasdaq: FREE) reported a significant revenue growth of 60.4% to $105.8 million in Q1 2021, driven by the acquisitions of Swerve and Wholesome. The Branded CPG segment saw a remarkable 103.4% growth, with a gross profit of $35.7 million. Adjusted EBITDA increased by 38.2% to $17.5 million, reflecting strong performance despite a net loss of $12 million. The company reiterated its 2021 guidance, expecting net revenues of $493-$505 million and adjusted EBITDA of $82-$85 million.
Whole Earth Brands (Nasdaq: FREE) will announce its financial results for Q1 2021 on May 14, 2021, before market opening. The Company’s CEO, Albert Manzone, and CFO, Andy Rusie, will host a conference call at 8:30 AM ET to discuss the results. Investors can access the call by dialing specific phone numbers or via a live audio webcast on their Investor Relations website. Whole Earth Brands focuses on offering premium plant-based sweeteners and health-oriented food products globally, addressing the rising demand for diverse dietary options.
Whole Earth Brands reported a 10.1% revenue growth in Q4 2020, driven primarily by a 24.6% increase in its Branded CPG segment. The net product revenues for the year were $275.5 million, marking a 1.2% increase from 2019. However, the company faced operating losses of $44.3 million for the full year. The recent acquisitions of Swerve and Wholesome are expected to bolster future growth, with FY 2021 guidance projecting revenues between $493 million and $505 million.
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