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STARCO BRANDS INC CL A - STCB STOCK NEWS

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Starco Brands Inc (STCB) is a dynamic and innovative company dedicated to creating behavior-changing brands and products. With a core mission to transform everyday activities, Starco Brands operates as an invention factory, continually pushing the boundaries of product development and marketing.

The company's expertise lies in inventing unique products, building influential brands, and establishing new trends. Starco Brands is renowned for its cutting-edge marketing strategies, which include penetrating social media, driving consumer awareness, and generating significant traffic through innovative pull-through strategies. This approach has positioned Starco Brands as a leader in the consumer products sector.

Starco Brands boasts a world-class marketing team with a proven track record. This team has managed some of the largest and most iconic brands globally, such as Apple, Target, Uber, Volkswagen, Behr Paint, Ralph Lauren, and many others. Their extensive experience and strategic insights ensure that each product and brand under their management achieves maximum market impact.

Recent achievements for Starco Brands include the launch of several groundbreaking products that have gained considerable attention in the market. The company continues to work on exciting new projects aimed at enhancing consumer experiences and setting new standards in product innovation.

Financially, Starco Brands remains robust, supported by strategic partnerships and a strong market presence. The company consistently explores new opportunities to expand its portfolio and deliver value to its stakeholders.

In summary, Starco Brands Inc is a forward-thinking powerhouse in the consumer products industry, committed to innovation and excellence. With a history of success and a bright future ahead, the company is well-positioned to continue its growth trajectory and influence in the marketplace.

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Starco Brands, Inc. achieved significant growth in Fiscal Year 2023 with reported net revenue increasing by 735% to $65.2 million and adjusted EBITDA increasing by 304% to $6.2 million. The company's pro forma net revenue was $70.8 million, including the full year of Soylent. Gross profit grew by $20.7 million to $27.8 million. Starco Brands reiterates reported net revenue guidance of $78-82 million and adjusted EBITDA guidance of $8-10 million for Fiscal Year 2024.
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Starco Brands, Inc. postpones the release of its financial results and conference call for the fourth quarter and full fiscal year ended December 31, 2023, to April 3, 2024, due to auditing processes. The company will host a conference call on the same day to discuss the financial results.
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Starco Brands, Inc. will release financial results for Q4 and full fiscal year 2023 on April 1, 2024. The Company will host a conference call to discuss the results at 1:30 pm Pacific Time on the same day.
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Starco Brands (STCB) announces that its vodka-infused whipped cream, Whipshots, has sold over five million cans since its launch in February 2022. The brand's innovative flavors and industry recognition have contributed to its success, with accolades from various competitions. Whipshots' versatility and expanding customer base have solidified its position as a key player in the spirits industry.
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Starco Brands, Inc. (STCB) Chairman & CEO, Ross Sklar, will participate in a fireside chat at the 36th Annual ROTH Conference. The chat will be webcast live and archived on the company's IR Calendar. One-on-one and small group meetings will also be held during the conference.
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Starco Brands (STCB) expands the retail presence of Whipshots®, a vodka-infused whipped cream, to Maine, Mississippi, and New Hampshire, reaching 41 states. The product has gained popularity since its national debut in February 2022, offering unique flavors and 10% Alc./Vol. Whipshots is now available online and aims to cater to a wider customer base through strategic partnerships.
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Starco Brands (STCB) announced the launch of Skylar’s Boardwalk Delight Hair & Body Mist, a convenient and sustainable fine fragrance for hair and body. The product, made with 30% recycled materials, is priced at $30 and is available for purchase on skylar.com, sephora.com, and in Sephora stores. The company aims to tap into the rapidly growing global hair and body mist market, projecting to surpass USD 19,018.32 million by 2030. Skylar is known for its commitment to sustainability and well-being, and the new offering is designed to allow enthusiasts to carry their beloved scent wherever they go. The CEO of Starco Brands, Ross Sklar, expressed excitement about the expansion of the product line and the company's strategic vision and commitment to innovation.
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Starco Brands, Inc. has been invited to present at the Emerging Growth Conference to discuss the achieved guidance for fiscal year 2023 and the expected growth in fiscal year 2024. The company expects a significant increase in net revenue and Adjusted EBITDA for both years, with a 10-fold increase in net revenue to $70 million and a 160% increase in Adjusted EBITDA to $7 million for fiscal year 2023. For fiscal year 2024, the company guides for net revenue of $78 million to $82 million and Adjusted EBITDA of $8 million to $10 million. Existing shareholders and the investment community will have the opportunity to interact with the Company’s Chairman & CEO, Ross Sklar, during the live, interactive online event.
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Starco Brands, Inc. expects to achieve a 10-fold increase in net revenue for fiscal year 2023, reaching $70 million, and a 160% increase in Adjusted EBITDA to $7 million. The company also projects net revenue for fiscal year 2024 to be in the range of $78 million to $82 million and Adjusted EBITDA to be in the range of $8 million to $10 million. The Chairman & CEO emphasized the focus on M&A integrations, operational efficiencies, and cost savings, leading to robust growth strategies and new product launches. The company aims to continue profitable growth in 2024 and solidify its position as a consumer packaged goods powerhouse.
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Starco Brands, Inc. (OTCQB: STCB) has launched a new limited-edition Strawberry flavor of Whipshots®, a vodka-infused whipped cream co-founded by Cardi B. This new flavor is available online and at select retail locations nationwide and marks the beginning of a partnership with Museum of Ice Cream. The partnership will see Whipshots served as a boozy ice cream and milkshake topper in Museum of Ice Cream's three US locations. The product has expanded its availability to 39 states and the District of Columbia and has received critical acclaim, winning multiple awards in prestigious industry competitions.
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FAQ

What is the current stock price of STARCO BRANDS CL A (STCB)?

The current stock price of STARCO BRANDS CL A (STCB) is $0.0726 as of December 24, 2024.

What is the market cap of STARCO BRANDS CL A (STCB)?

The market cap of STARCO BRANDS CL A (STCB) is approximately 51.8M.

What is Starco Brands Inc's primary mission?

Starco Brands Inc aims to create behavior-changing brands and products, transforming everyday activities through innovation.

What are the core competencies of Starco Brands?

Starco Brands excels in inventing products, marketing brands, building trends, social media penetration, and driving consumer traffic.

Who comprises the marketing team at Starco Brands?

Starco Brands' marketing team includes globally proven experts who have managed major brands like Apple, Target, Uber, Volkswagen, Behr Paint, and Ralph Lauren.

What kind of products does Starco Brands develop?

Starco Brands focuses on creating innovative consumer products designed to change everyday behaviors and enhance user experiences.

How does Starco Brands approach marketing and brand building?

The company uses cutting-edge pull-through strategies to build brand awareness, leverage social media, and drive significant consumer traffic.

Has Starco Brands launched any recent products?

Yes, Starco Brands has recently launched several groundbreaking products that have garnered considerable market attention.

What is the financial condition of Starco Brands?

Starco Brands remains financially robust, supported by strategic partnerships and a strong market presence.

What industries does Starco Brands serve?

Starco Brands primarily operates in the consumer products industry, focusing on innovative and behavior-changing products.

What are some notable clients managed by Starco Brands' marketing team?

The marketing team has managed clients such as Apple, Target, Uber, Volkswagen, Behr Paint, and Ralph Lauren.

What makes Starco Brands unique in the market?

Starco Brands' unique selling points include its innovation-driven approach, a best-in-class marketing team, and a focus on creating transformative consumer products.

STARCO BRANDS INC CL A

OTC:STCB

STCB Rankings

STCB Stock Data

51.79M
353.82M
45.35%
20.19%
Packaged Foods
Consumer Defensive
Link
United States of America
Santa Monica