STOCK TITAN

Grounded People Sets New Sales Order Record in Company's History

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Grounded People Apparel Inc. (CSE:SHOE)(OTCQB:GPAIF) has reported a record increase in sales orders for its shoes from April to June 2024. The company achieved 571 sales orders during this period, compared to just 58 in the same period last year. This also surpasses the previous record of 398 orders set in Q1 2024.

CEO Maximilian Justus expressed optimism about the company's trajectory, stating that this record demonstrates growing demand for their products. Grounded People plans to sustain this momentum by enhancing marketing strategies, entering new markets, and fostering innovation while maintaining its commitment to sustainability and fair trade principles.

However, the company cautions that these figures are unaudited and based on Shopify Reporting System data. Past performance may not indicate future results, and there's no guarantee that increased orders will translate to higher revenue or low return rates.

Grounded People Apparel Inc. (CSE:SHOE)(OTCQB:GPAIF) ha riportato un aumento record degli ordini di vendita per le sue scarpe dal mese di aprile a giugno 2024. L'azienda ha registrato 571 ordini di vendita in questo periodo, rispetto ai soli 58 dello stesso periodo dell'anno scorso. Questo supera anche il precedente record di 398 ordini stabilito nel Q1 2024.

Il CEO Maximilian Justus ha espresso ottimismo riguardo alla traiettoria dell'azienda, affermando che questo record dimostra una crescente domanda per i loro prodotti. Grounded People prevede di mantenere questo slancio migliorando le strategie di marketing, entrando in nuovi mercati e promuovendo l'innovazione, mantenendo al contempo il suo impegno per la sostenibilità e i principi del commercio equo.

Tuttavia, l'azienda avverte che queste cifre sono non verificate e basate sui dati del Shopify Reporting System. Le prestazioni passate potrebbero non indicare risultati futuri e non c'è garanzia che un aumento degli ordini si traduca in entrate più alte o tassi di reso bassi.

Grounded People Apparel Inc. (CSE:SHOE)(OTCQB:GPAIF) ha reportado un incremento récord en los pedidos de ventas de sus zapatos desde abril hasta junio de 2024. La compañía logró 571 pedidos de ventas durante este período, en comparación con solo 58 en el mismo período del año pasado. Esto también supera el récord anterior de 398 pedidos establecido en el primer trimestre de 2024.

El CEO Maximilian Justus expresó optimismo sobre la trayectoria de la compañía, afirmando que este récord demuestra una creciente demanda por sus productos. Grounded People planea mantener este impulso mejorando las estrategias de marketing, entrando en nuevos mercados y fomentando la innovación mientras mantiene su compromiso con la sostenibilidad y los principios de comercio justo.

Sin embargo, la compañía advierte que estas cifras son no auditadas y se basan en datos del Sistema de Reporte de Shopify. El rendimiento pasado puede no indicar resultados futuros, y no hay garantía de que el aumento de pedidos se traduzca en mayores ingresos o menores tasas de devolución.

그라운디드 피플 어패럴 Inc. (CSE:SHOE)(OTCQB:GPAIF)는 2024년 4월부터 6월까지의 신발 주문에서 기록적인 판매 증가를 보고했습니다. 이 회사는 이 기간 동안 571개의 판매 주문을 달성했으며, 작년 같은 기간에는 단지 58개에 불과했습니다. 이는 2024년 1분기에 설정된 이전 기록 398개를 초과하는 수치입니다.

CEO 막시밀리안 유스투스는 회사의 성장 궤도에 대해 낙관적인 입장을 표명하며 이번 기록이 그들의 제품에 대한 증가하는 수요를 보여준다고 말했습니다. 그라운디드 피플은 이 모멘텀을 지속하기 위해 마케팅 전략을 개선하고, 새로운 시장에 진입하며, 혁신을 촉진하면서 지속 가능성 및 공정 거래 원칙에 대한 의지를 유지할 계획입니다.

그러나 회사는 이러한 수치가 감사되지 않은 것임을 경고하며, 쇼피파이 보고 시스템 데이터에 기반을 두고 있음을 알립니다. 과거 성과가 미래 결과를 나타내지 않을 수 있으며, 주문 증가가 더 높은 수익 또는 낮은 반품율로 이어질 것이라는 보장은 없습니다.

Grounded People Apparel Inc. (CSE:SHOE)(OTCQB:GPAIF) a annoncé une hausse record des commandes de ventes pour ses chaussures entre avril et juin 2024. La compagnie a atteint 571 commandes de ventes durant cette période, comparativement à seulement 58 l'année précédente à la même période. Cela dépasse également l'ancien record de 398 commandes établi au T1 2024.

Le PDG Maximilian Justus a exprimé son optimisme quant à la trajectoire de l'entreprise, affirmant que ce record démontre une demande croissante pour leurs produits. Grounded People prévoit de maintenir cet élan en améliorant ses stratégies marketing, en entrant sur de nouveaux marchés et en favorisant l'innovation tout en restant fidèle à son engagement envers la durabilité et les principes de commerce équitable.

Cependant, l'entreprise met en garde que ces chiffres sont non audités et basés sur les données du Système de Rapport Shopify. Les performances passées ne garantissent pas les résultats futurs, et il n'y a aucune garantie que l'augmentation des commandes se traduise par des revenus plus élevés ou de faibles taux de retour.

Grounded People Apparel Inc. (CSE:SHOE)(OTCQB:GPAIF) hat einen rekordverdächtigen Anstieg der Verkaufsbestellungen für seine Schuhe von April bis Juni 2024 gemeldet. Das Unternehmen erzielte in diesem Zeitraum 571 Verkaufsbestellungen, verglichen mit nur 58 im gleichen Zeitraum des Vorjahres. Dies übertrifft auch den vorherigen Rekord von 398 Bestellungen, der im ersten Quartal 2024 gesetzt wurde.

CEO Maximilian Justus äußerte sich optimistisch über die Entwicklung des Unternehmens und stellte fest, dass dieser Rekord eine wachsende Nachfrage nach ihren Produkten zeigt. Grounded People plant, diesen Schwung aufrechtzuerhalten, indem die Marketingstrategien verbessert, neue Märkte erschlossen und Innovationen gefördert werden, während das Engagement für Nachhaltigkeit und Fair-Trade-Prinzipien beibehalten wird.

Das Unternehmen warnt jedoch, dass diese Zahlen unauditiert und auf Daten des Shopify Reporting Systems basieren. Frühere Leistungen könnten keine zukünftigen Ergebnisse anzeigen, und es besteht keine Garantie dafür, dass eine Zunahme der Bestellungen sich in höheren Einnahmen oder niedrigeren Rücklaufquoten niederschlägt.

Positive
  • Record 571 sales orders from April to June 2024, a significant increase from 58 in the same period of 2023
  • Q2 2024 sales orders surpassed the previous record of 398 set in Q1 2024
  • Plans for expanding marketing strategies and entering new markets
Negative
  • Sales order figures are unaudited and based on Shopify Reporting System data
  • No guarantee that increased sales orders will result in higher revenue
  • Uncertain product return rate which could impact actual sales

VANCOUVER, BC / ACCESSWIRE / August 2, 2024 / Grounded People Apparel Inc . (" Grounded " or the " Company ") (CSE:SHOE)(OTCQB:GPAIF)(Frankfurt:K1G) (WKN: A3DVB1), announces a record increase in sales orders for Grounded People shoes for the period from April to June 2024, setting a new record for any previous three-month period in the Company's history. The Company achieved 571 sales orders from April to June 2024, compared to 58 sales orders in the same period in 2023. The April to June 2024 sales order performance also marks an increase over the 398 sales orders from January to March 2024, which was the previous best-performing three-month period in the Company's history. 1

" We have never seen more sales than in this three-month period. This all-time record since the inception of our Company is a testament to being on the right path and shows a growing demand for our products. It's still early for our Company, and we are committed to keeping this momentum going to create a bright future for our customers and shareholders, " stated Maximilian Justus, CEO of Grounded People.

As Grounded experiences this growth, the Company is focused on sustaining its progress and expanding its footprint. Future plans include enhancing marketing strategies, entering new markets, and fostering innovation to continuously improve its product line. Grounded is committed to its foundational principles of sustainability and fair trade, ensuring that its success also benefits the environment and society at large.

The Company cautions that past sales performance is not necessarily indicative of future results; furthermore, the above figures have not been audited, and are based upon data obtained through the Shopify Reporting System. Actual results may differ from those reported in this release once these figures have been audited, and there can be no guarantee that sales orders will result in increased sales revenue for the Company, nor what the product return rate will be.

ABOUT GROUNDED PEOPLE APPAREL

Grounded People Apparel Inc. is a Vancouver, British Columbia, Canada based innovative apparel company focused on delivering high quality products to its customers that are 100% PeTA - APPROVED vegan. The Company is primarily engaged in the business of fair-trade, sustainable and earth-conscious fashion. The Company's initial products, which launched in the fourth quarter of 2021, were its high-top and low-cut canvas sneakers, which are made from sustainable, ethically-sourced and produced materials, and are manufactured by fair-trade workers, in a 100% vegan manufacturing facility which is located in Brazil.

In addition to its commitment to a fashion industry that reduces waste and environmental impacts, the Company aims to create a meaningful positive impact on the world through its L.A.C.E.S. campaign. The L.A.C.E.S. campaign provides consumers an option to select a specific set of shoelaces to accompany their footwear purchase the colour of which is associated with one of the charities the Company has committed to support, whereby all profits from the sale of shoelaces will be donated correspondingly.

ON BEHALF OF THE BOARD OF DIRECTORS

"Maximilian Justus"

Maximilian Justus
Chief Executive Officer

For further information, please contact:

Email: investors@groundedpeople.com
Telephone: 1-844-673-6753

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY DISCLAIMER STATEMENT

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation, including with respect to a growing demand for products, expanding the Company footprint, enhancing marketing strategies, entering new markets, and improving the product line and the social and financial objectives of the Company. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward looking statements. Such factors include, but are not limited to general business, economic, competitive, political, and social uncertainties, and uncertain capital markets. Readers are cautioned that actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

1 This information is derived from data provided to the Company through the Shopify Reporting System.

SOURCE: Grounded People Apparel Inc.



View the original press release on accesswire.com

FAQ

How many sales orders did Grounded People Apparel (GPAIF) receive from April to June 2024?

Grounded People Apparel (GPAIF) received 571 sales orders from April to June 2024, setting a new record for the company.

What was Grounded People's (GPAIF) sales order growth compared to the same period in 2023?

Grounded People (GPAIF) saw a significant increase, with 571 sales orders from April to June 2024 compared to 58 sales orders in the same period in 2023.

How does Grounded People's (GPAIF) Q2 2024 performance compare to Q1 2024?

Grounded People's (GPAIF) Q2 2024 performance of 571 sales orders surpassed the previous record of 398 sales orders set in Q1 2024.

What are Grounded People's (GPAIF) future plans to sustain growth?

Grounded People (GPAIF) plans to enhance marketing strategies, enter new markets, and foster innovation while maintaining its commitment to sustainability and fair trade principles.

GROUNDED PEOPLE APPAREL

OTC:GPAIF

GPAIF Rankings

GPAIF Latest News

GPAIF Stock Data

27.08M
United States of America