STOCK TITAN

NutraNomics, Inc. and The Plant Announce Record Q3 2022 New Sales Bookings

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

NutraNomics, Inc. (OTC PINK:NNRX) reported record-breaking new sales bookings of $1,434,865 for Q3 2022, marking a 29% increase from Q2's $1,022,729. The growth highlights the company's strong market positioning and commitment to quality in the organic plant-based nutritional sector. As part of its growth strategy, NutraNomics hired two direct sales professionals and contracted independent representatives to expand its Southern California market reach. Continued updates on sales performance are anticipated in the coming months.

Positive
  • Q3 2022 new sales bookings reached $1,434,865, a 29% increase from Q2.
  • Expansion efforts include hiring two industry professionals for direct sales.
Negative
  • None.

DESERT HOT SPRINGS, CA / ACCESSWIRE / October 24, 2022 / NutraNomics, Inc. (OTC PINK:NNRX) ("NutraNomics" or the "Company"), an emerging leader in organic plant-based nutritional science and innovation, is pleased to announce that DHS Development, Inc. (dba "The Plant"), a NutraNomics Company, produced a record-breaking quarter of $1,434,865 in new sales bookings in Q3, up from the previous quarter's new sales bookings high of $1,022,729 produced in Q2. Q3 new sales bookings represents quarterly growth of 29% for the period ending September 30, 2022.

"As anticipated, sales achievement for Q3 2022 have exceeded the highest revenue quarter the Company has ever seen", commented Geoff Bazegian, NutraNomics' President and CRO. "These sales numbers are proof positive that the market is recognizing our commitment to uncompromising standards of quality, reliability and value in today's competitive market. We look forward to continually raising that bar in pursuit of our goal for steady growth."

In line with the Company's ongoing commitment to growth, two industry-seasoned direct sales professionals were recently hired, as well as one independent representative and several referral partners were recently contracted. Collectively, they will comprehensively serve the Southern California market, the most densely concentrated region of buyers in the State. Further announcements of sales production will follow in the upcoming months.

About NutraNomics

At NutraNomics, Inc. (OTC:NNRX), we are committed to excellence in organic plant-based nutritional science and innovation. That was our stance when we began in 1996, and it is still our stance today.

NutraNomics Website: https://www.nutranomics.com
The Plant Website: https://www.theplantlabs.com
NutraNomics Twitter: https://www.twitter.com/nutranomicsinc

Forward Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Press Contact:
Geoff Bazegian, IR@nutranomics.com

SOURCE: NutraNomics, Inc.



View source version on accesswire.com:
https://www.accesswire.com/722101/NutraNomics-Inc-and-The-Plant-Announce-Record-Q3-2022-New-Sales-Bookings

FAQ

What were NutraNomics' sales figures for Q3 2022?

NutraNomics reported new sales bookings of $1,434,865 for Q3 2022.

How much did NutraNomics increase their sales from Q2 to Q3 2022?

NutraNomics experienced a 29% increase in new sales bookings from Q2 to Q3 2022.

What strategic moves has NutraNomics made to enhance sales?

NutraNomics hired two direct sales professionals and contracted independent representatives to boost their Southern California sales efforts.

What is the stock symbol for NutraNomics?

The stock symbol for NutraNomics is NNRX.

NUTRANOMICS INC

OTC:NNRX

NNRX Rankings

NNRX Latest News

NNRX Stock Data

16.32k
4.19B
7.43%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Salt Lake City