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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 (OTCQB: STCB) has achieved significant success with its flagship product, Whipshots, exceeding 4 million can sales since 2022 and expanding to 39 states and D.C. Whipshots also achieved over 58,000 distribution points in 2023, a 125% increase over 2022, with shipments surpassing 230,000 cases, marking a 73% increase. New seasonal flavors like Lime, Pumpkin Spice, and Peppermint have notably enhanced sales. Partnerships with AMC Theatres and Patti’s Good Life achieved over 2 billion earned media impressions.
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Starco Brands, Inc. (STCB) proudly highlights the significant expansion and success of its Winona Pure® Popcorn Spray line, projecting a doubling of revenue for the second consecutive year. The product has expanded distribution nationally at Walmart, Meijer, and H-E-B, with sustained repeat purchases and minimal marketing expenditure.
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Starco Brands, Inc. (STCB) partners with B2i Digital, Inc. to enhance investor and shareholder communication, aiming to provide transparency and real-time access to information.
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Starco Brands (OTCQB: STCB) announced that its business unit, Skylar, has achieved unprecedented growth, recording its most profitable quarter ever in Q3 2023. The acquisition of Skylar has substantially enhanced Starco Brands' revenue and contributed positively to its synergized adjusted EBITDA. Skylar experienced a remarkable revenue increase, doubling its sales on Amazon and witnessing a surge of over 45% at Sephora compared to the previous year's corresponding period.
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Starco Brands, Inc. (STCB) partners with LA Bowl Hosted By Gronk at SoFi Stadium, bringing its well-known consumer products to life during bowl week and game day. The game features Mountain West’s No. 1 selection versus the Pac-12’s No. 5 selection on December 16. Starco Brands' CEO, Ross Sklar, emphasizes the opportunity to showcase their behavior-changing technologies and disruptive brands, including Whipshots®, Art of Sport, Winona®, Skylar, and Soylent. The partnership aims to redefine consumer product experiences for the 21st century, with the support of strategic advisor and investor, Earvin “Magic” Johnson.
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Starco Brands, Inc. (STCB) CEO Ross Sklar is set to present at two investor conferences, the SHARE Series Event on December 4, 2023, and the Emerging Growth Conference on December 6-7, 2023. The events will include live webcasts and opportunities for investors to ask questions, providing an insight into the company's future plans and strategies.
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Starco Brands, Inc. (OTCQB: STCB) reported net revenue of $17.7 million and gross profit margin of 47% in Q3 2023, projecting $66-$77 million in net revenue and $7-$9 million in Adjusted EBITDA for fiscal 2023. The company acquired and integrated three brands, leading to significant growth and improved profitability. The press release also highlights the financial performance, strategic acquisitions, and operational highlights of the company's brands such as Skylar, Soylent, Whipshots, and Winona Pure.
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Starco Brands, Inc. (OTCQB: STCB) announced Skylar's latest olfactory creation, Sunkissed Dahlia, a warm floral scent with fruity undertones. Available at skylar.com and sephora.com, the fragrance will debut in Sephora stores. The perfume is hypoallergenic, eco-conscious, and free of 36 top fragrance allergens and over 1,300 questionable ingredients.
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Starco Brands, Inc. (OTCQB: STCB) announced a multi-video social campaign featuring Cardi B and Patti LaBelle, promoting a new holiday tradition with Whipshots® vodka-infused whipped cream and Patti’s Good Life desserts. The campaign will showcase creative dessert combinations and festive family traditions, with products available for purchase at Walmart. Whipshots has seen significant success in the market, surpassing four million cans sold in under two years.
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Whipshots Vanilla by Starco Brands named winner in Good Housekeeping's 2023 Best Kitchen Gear, Coffee and Tea Awards.
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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