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Starco Brands to Present at the Emerging Growth Conference on February 7, 2024 on Heels of Releasing Preliminary Fiscal Year 2023 Results and Initial Fiscal Year 2024 Outlook
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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Company to Discuss Fiscal Year 2023 Achieved Guidance and Expected Growth in Fiscal Year 2024
SANTA MONICA, Calif.--(BUSINESS WIRE)--
Starco Brands, Inc. (the “Company” or “Starco Brands”) (OTCQB: STCB), developer and acquirer of behavior-changing technologies and brands that spark excitement in the everyday, today announced that it has been invited to present at the Emerging Growth Conference on Wednesday, February 7, 2024 at 3:40PM ET. This live, interactive online event will give existing shareholders and the investment community the opportunity to interact with the Company’s Chairman & CEO, Ross Sklar, in real time. Mr. Sklar will provide a review on the Company’s previously announced preliminary fiscal year 2023 results that met guidance. Mr. Sklar will also discuss the Company’s initial 2024 guidance and will open the floor for questions. The Company announced in a press release dated February 5, 2024 that it expects net revenue to increase 10-fold to $70 million and expects Adjusted EBITDA to increase 160% to $7 million for fiscal year 2023. The company also guided in the same release to net revenue of $78 million to $82 million and Adjusted EBITDA of $8 million to $10 million for fiscal year 2024. Please submit your questions in advance to Questions@EmergingGrowth.com or ask your questions during the event. The presentation will be webcast live and can be accessed in the “IR Calendar” section of the Company’s Investor Relations website at https://investors.starcobrands.com.
About Starco Brands
Starco Brands (OTCQB: STCB) invents and acquires consumer products with behavior-changing technologies that spark excitement in the everyday. Today, its disruptive brands include Whipshots®, the world's only vodka-infused whipped cream co-founded by global artist Cardi B; Art of Sport, the body care brand designed for athletes and co-founded by Kobe Bryant; Winona® Pure, the first indulgent theater-popcorn spray powered by air; Skylar, the only fragrance that is both hypoallergenic and safe for sensitive skin; and Soylent, the complete non-dairy and high protein nutrition brand. A modern-day invention factory to its core, Starco Brands identifies whitespaces across consumer product categories. Starco Brands publicly trades on the OTCQB stock exchange so that retail investors can invest in STCB alongside accredited individuals and institutions. Visit starcobrands.com for more information.
