Welcome to our dedicated page for ReposiTrak news (Ticker: TRAK), a resource for investors and traders seeking the latest updates and insights on ReposiTrak stock.
ReposiTrak, Inc. (TRAK) is a prominent player in the software-as-a-service (SaaS) sector, specializing in solutions that streamline supply chain operations for retailers. As a fully owned subsidiary of Park City Group (NASDAQ: PCYG), ReposiTrak partners with retailers to boost sales, manage risks, and cut supply chain costs.
The ReposiTrak Marketplace offers a versatile platform where retailers can search, sample, vet, onboard, and order from new suppliers. This platform aims to expand local inventories and source popular items effortlessly through a cloud-based application. The company’s integrated, end-to-end innovation platform delivers an array of advanced commerce solutions such as scan-based trading and automated ordering, addressing the needs of a dynamic retail environment.
Compliance management automation is another key feature, helping businesses stay within regulatory requirements without hassle. ReposiTrak's offerings ensure that products are available when and where consumers need them, thereby enhancing operational efficiency and customer satisfaction.
In addition to these core services, ReposiTrak provides a comprehensive suite of solutions that include implementation, business optimization, outsourcing, technical services, education, and application hosting. These offerings empower clients to make better-informed decisions and stay competitive in the fast-paced retail sector.
Recent Achievements and Partnerships:
- Enhanced cloud-based applications for better supplier management and order processing.
- Collaborations with leading retailers to optimize supply chain operations.
- Implementation of innovative compliance management tools to reduce regulatory risks.
For more detailed information, visit the official website at www.repositrak.com.
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ReposiTrak (TRAK) adds four major produce suppliers to its Traceability Network, ensuring proactive compliance with FDA requirements well before the 2026 deadline. The network streamlines traceability data exchange, enhancing food safety and compliance.
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ReposiTrak (TRAK) reports an 8% increase in total revenue to $5.13 million in the second fiscal quarter of 2024. Recurring revenue also rose by 8%, reaching $5.13 million, representing 99% of total revenue. Operating expenses increased by 9% to $3.88 million, attributed to investments in sales, marketing, and onboarding.
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ReposiTrak (TRAK) welcomes three new seafood suppliers to its Traceability Network, ensuring FDA compliance before 2026. The network now has 19 new members since September, enhancing food traceability and regulatory compliance.
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ReposiTrak (NYSE:TRAK) adds four California-based produce suppliers and wholesalers to its Traceability Network, allowing efficient exchange of FDA-required data elements for proactive compliance before the January 2026 deadline.
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ReposiTrak (TRAK) announced plans to release earnings results for its fiscal 2024 second quarter on February 14, 2024. The Chairman and CEO will host a conference call to discuss the results, which will also be webcast. Participant and replay dial-in numbers were provided.
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ReposiTrak (NYSE:TRAK) has announced the addition of prominent seafood suppliers to its Traceability Network, ensuring compliance with FDA's FSMA 204 law well before the January 2026 deadline. The new members include leading sustainable fishery and global seafood distributors, leveraging ReposiTrak's established inventory management and out-of-stock reduction SaaS platform. The network requires no additional hardware or software, and suppliers can connect to an unlimited number of trading partners for a low, flat fee.
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SpartanNash (SPTN) has launched the ReposiTrak Traceability Network®, a food traceability program that enhances the safety and transparency of its supply chain. The program requires suppliers handling FDA-traceable products to exchange traceability data with SpartanNash and its retailers. The initiative aims to improve food safety, reduce food waste, and enable faster and more precise recalls. SpartanNash's global supply chain network serves various wholesale customers, including independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company's investment in this technology aligns with its broader environmental, social, and governance (ESG) efforts.
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SpartanNash (Nasdaq: SPTN) launches the ReposiTrak Traceability Network®, enabling real-time exchange of food traceability data to create a safer, more transparent supply chain. The program requires suppliers handling FDA's Food Traceability List products to exchange data with SpartanNash and thousands of retailers. The technology enhances efficiency, transparency, and enables faster recalls, reducing food waste. The global supply chain network serves wholesale customers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges, spanning over 110,000 facility connections in more than 100 countries.
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ReposiTrak (TRAK) adds leading peanut supplier and more fruit and vegetable growers to its food traceability network, ensuring compliance with FDA-required Key Data Elements ahead of the January 2026 deadline. The addition of new users, including a leading roaster of in-shell peanuts, a vertically integrated fruit farming organization, a Florida-based vegetable grower and packer, and a family-owned group of growers and shippers, expands the network's reach and product offerings. The nut butter category alone could represent as many as 30,000 SKUs, requiring traceability under the law. ReposiTrak's Traceability Network requires no additional hardware or software, and the team assists in making the necessary connections under the new regulation, offering a low, flat fee for suppliers to connect to an unlimited number of trading partners.
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ReposiTrak (TRAK) announces the addition of four unique produce companies to its Traceability Network, enabling the exchange of FDA-required Key Data Elements to ensure compliance ahead of the January 2026 deadline. The new users include a variety of farming, wholesaling, and supply chain management companies, highlighting the growing need for traceability in the fresh produce industry.
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FAQ
What is the current stock price of ReposiTrak (TRAK)?
The current stock price of ReposiTrak (TRAK) is $19.83 as of September 13, 2024.
What is the market cap of ReposiTrak (TRAK)?
The market cap of ReposiTrak (TRAK) is approximately 361.4M.
What does ReposiTrak Inc. do?
ReposiTrak Inc. specializes in software-as-a-service (SaaS) solutions that streamline supply chain operations for retailers.
What is the ReposiTrak Marketplace?
The ReposiTrak Marketplace allows retailers to search, sample, vet, onboard, and order from new suppliers using a cloud-based application.
What are some of ReposiTrak’s advanced commerce solutions?
ReposiTrak offers scan-based trading and automated ordering, among other solutions, to improve retail operations.
How does ReposiTrak help with compliance management?
ReposiTrak provides automation tools that ensure businesses stay within regulatory requirements, reducing compliance risks.
Who owns ReposiTrak Inc.?
ReposiTrak Inc. is a wholly owned subsidiary of Park City Group (NASDAQ: PCYG).
How does ReposiTrak contribute to expanding local inventories?
ReposiTrak's platform enables retailers to easily source popular items and expand their local inventories.
What types of services does ReposiTrak offer?
Services include implementation, business optimization, outsourcing, technical services, education, and application hosting.
What is the main benefit of using ReposiTrak’s solutions?
ReposiTrak’s solutions help retailers make better-informed decisions and stay competitive by improving supply chain efficiency.
Where can I find more information about ReposiTrak?
More information is available on the official website at www.repositrak.com.
Who are ReposiTrak’s primary clients?
ReposiTrak primarily partners with retailers to enhance sales, manage risks, and reduce supply chain expenses.
ReposiTrak, Inc.
NYSE:TRAK
TRAK Rankings
TRAK Stock Data
361.38M
18.22M
36.13%
36.86%
8.99%
Software - Application
Services-computer Processing & Data Preparation
United States of America
MURRAY