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The Real Good Food Company, Inc. - RGF STOCK NEWS

Welcome to our dedicated page for The Real Good Food Company news (Ticker: RGF), a resource for investors and traders seeking the latest updates and insights on The Real Good Food Company stock.

The Real Good Food Company, Inc. (NASDAQ: RGF) is an innovative and fast-growing entity in the health and wellness-focused frozen food sector. The company specializes in developing, marketing, and manufacturing a variety of delicious and convenient comfort foods that are high in protein, low in sugar, and made from gluten- and grain-free ingredients. These products cater to the clean eating movement, making it easy for consumers to enjoy nutritious meals without compromising on taste.

Founded with the mission to provide 'Real Food You Feel Good About Eating,' the company's first product line of frozen pizzas quickly gained traction in the direct-to-consumer (D2C) market and over 2,000 specialty nutrition stores. By 2017, Real Good Foods expanded into the broader retail pizza category, achieving approximately 70% ACV distribution by August 2018, without relying on third-party distributors.

Since then, Real Good Foods has diversified its product offerings to include frozen snacks and ethnic frozen meals. This expansion has been supported by the company's strong social media presence, boasting over 300,000 followers in just 18 months, driving new users to these categories and boosting sales for retailers.

Recently, Real Good Foods has made headlines for its financial performance and strategic initiatives. On October 31, 2023, the company released its Financial Results for the Quarter Ended September 30, 2023, and provided preliminary guidance for the year ending December 31, 2024. The company expects to achieve positive cash earnings starting in the fourth quarter of 2023 and continuing into 2024.

Furthermore, on November 9, 2023, Real Good Foods entered into a term sheet with PMC Financial Services for a debt refinancing agreement, aimed at enhancing liquidity by $15 million and significantly reducing cash debt service.

The company's products are available in over 16,000 stores nationwide, with additional direct-to-consumer options. Their recent foray into the refrigerated burrito segment within the Club Channel has been particularly notable, offering nutritious options with limited net carbs and high protein content.

For more information or to get in touch, you can follow Real Good Foods on Facebook, Instagram, or Twitter @realgoodfoods, or visit their website at www.realgoodfoods.com.

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Real Good Foods reports preliminary financial results for Q3 2023
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Real Good Foods posted record dollar sales of $9.94 million in the four-week period ending September 10th, representing 27% growth compared to a year ago.
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Real Good Foods posts record Dollar Sales of $8.9m in four-week period ending August 13th
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Real Good Food Company Inc. (Nasdaq: RGF) to release financial results for the second quarter ended June 30, 2023. Investor conference call scheduled for August 11, 2023, to discuss financial results, corporate update, and Q&A session. Details for participation provided.
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Real Good Food Company Inc. (NASDAQ: RGF) announces a favorable amendment to its loan and security agreement, expanding its credit facility to $80 million, enhancing liquidity by up to $5 million. The amendment highlights the lender's confidence in the company's performance and provides access to non-dilutive capital for growth and positive cash generation. The company remains on track to generate positive operating cash flow in the second half of 2023.
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Real Good Food Company, Inc. (Nasdaq: RGF) announced the expansion of their Global Entrees platform into Publix, along with the addition of two new flavors; Tika Masala and Korean BBQ. The company's innovative offerings aim to improve human health by providing access to more nutritious foods. RGF's Global Meals can now be found in 10,000+ stores nationwide, with significantly lower sugar content and higher protein compared to leading national brands.
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The Real Good Food Company is expanding its Breaded Chicken and Asian Entrees platforms into Walmart stores nationwide. Over 4,000 Walmart stores will now carry these items, making nutritious foods more accessible to millions of people. Real Good Foods' products have higher protein and lower carb content compared to leading brands in grocery stores. The expansion aims to address the lack of access to nutritious foods and improve human health.
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Real Good Foods launches new cheesy burritos with low carb tortilla, expanding into the refrigerated entrees category. The burritos have 1/3 the carbs and 2x the protein of conventional burritos and are available in the Club channel today, with grocery stores to follow in the coming months. The Refrigerated Entrees category is a $4.1B category, growing 10% vs. YAG and 22% vs. 2YAG L52 Weeks ending September 2022*.
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FAQ

What is the current stock price of The Real Good Food Company (RGF)?

The current stock price of The Real Good Food Company (RGF) is $0.2571 as of December 24, 2024.

What is the market cap of The Real Good Food Company (RGF)?

The market cap of The Real Good Food Company (RGF) is approximately 5.4M.

What is The Real Good Food Company?

The Real Good Food Company, Inc. is a health-focused frozen food company that develops, markets, and manufactures high-protein, low-sugar, and gluten- and grain-free comfort foods.

What kinds of products does Real Good Foods offer?

Real Good Foods offers a range of products including frozen pizzas, snacks, and ethnic frozen meals, all designed to be high in protein and low in sugar.

Where can I buy Real Good Foods products?

You can find Real Good Foods products in over 16,000 stores nationwide and through direct-to-consumer options via their website.

What recent achievements has the company made?

Recently, the company reported strong financial results, entered into a debt refinancing agreement to enhance liquidity, and expanded its product line to include nutritious refrigerated burritos in the Club Channel.

Who should I contact for investor relations inquiries?

For investor relations inquiries, you can contact Akshay Jagdale at ir@realgoodfoods.com or call (856) 955-1453.

How can I stay updated on the latest news from Real Good Foods?

You can follow Real Good Foods on social media @realgoodfoods or visit their website at www.realgoodfoods.com for the latest updates.

What is the company's mission?

The mission of The Real Good Food Company is to provide 'Real Food You Feel Good About Eating,' offering delicious and nutritious foods that are high in protein and low in sugar.

How has the company grown its market presence?

The company has grown its market presence through a strong social media following, strategic retail partnerships, and continuous product innovation.

What are the company's future financial expectations?

The company expects to achieve positive cash earnings starting in the fourth quarter of 2023 and to carry that trend forward into 2024.

What is the significance of the recent debt refinancing agreement?

The debt refinancing agreement with PMC Financial Services is aimed at enhancing the company's liquidity by $15 million and significantly reducing its cash debt service.

The Real Good Food Company, Inc.

Nasdaq:RGF

RGF Rankings

RGF Stock Data

5.37M
19.50M
5.43%
29.8%
1.57%
Packaged Foods
Food and Kindred Products
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United States of America
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