STOCK TITAN

Upexi's Tytan Tiles Toy Brand Launches on Walmart.com after Becoming Top Seller on Amazon

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Upexi Inc. (UPXI) announces that its children's toy brand, Tytan Tiles, has achieved record sales on Amazon, becoming the #1 New Release for Preschool Building sets. Additionally, Tytan Tiles has launched its licensed Disney Frozen product on Walmart.com. Since its launch on October 17th, 2023, the Disney Frozen Kit has risen to #1 for Amazon's New Releases in Preschool Building Sets and #3 top seller in Magnetic Building Sets. The exclusive Disney Frozen set also launched on Walmart.com on November 27th in a Cyber Monday deal. Nick Romano, President of Tytan Tiles, expressed optimism for continued progress through the remainder of the year and into 2024.
Positive
  • None.
Negative
  • None.

Tytan Tiles Becomes Amazon's #1 New Release in Preschool Building Toy Sets

TAMPA, FL / ACCESSWIRE / November 28, 2023 / Upexi Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer brand owner and innovator in aggregation, today announced the Company's children's toy brand, Tytan Tiles ("Tytan"), posts record sales on Amazon, becoming the #1 New Release for Preschool Building sets. Tytan Tiles has also launched its licensed Disney Frozen product on Walmart.com, under the agreement previously announced with The Walt Disney Company ("Disney").

In one month, since Tytan Tiles launched its Disney Frozen Kit on Amazon on October 17th, 2023, it rose to #1 for Amazon's New Releases in Preschool Building Sets, #3 top seller in Magnetic Building Sets, and broke into the top 400 in all Toys and Games on Amazon.

The exclusive Disney Frozen set also launched on Walmart.com on November 27th in a Cyber Monday deal.

Nick Romano, President of Tytan Tiles, commented, "I'm thrilled with the response we've seen in such a short period of time with this product. We expect to see continued progress through the remainder of the year and into 2024."

About Upexi, Inc.:
Upexi is a multifaceted brand owner with established brands in the health, wellness, pet, beauty and other growing markets. We operate in emerging industries with high growth trends and look to drive organic growth of our current brands. We focus on direct to consumer and Amazon brands that are scalable and have anticipated, high industry growth trends. Our goal is to continue to accumulate consumer data and build out a significant customer database across all industries we sell into. The growth of our current database has been key to the year over year gains in sales and profits. To drive additional growth, we have and will continue to acquire profitable Amazon and eCommerce businesses that can scale quickly and reduce costs through corporate synergies. We utilize our in-house, SaaS programmatic ad technology to help achieve a lower cost per acquisition and accumulate consumer data for increased cross-selling between our growing portfolio of brands.

FORWARD LOOKING STATEMENTS:
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Company Contact
Andrew Norstrud, Chief Financial Officer
Email: andrew.norstrud@upexi.com
Phone: (702) 332-5591

Investor Relations Contact
KCSA Strategic Communications
Valter Pinto or Jack Perkins
Email: Upexi@KCSA.com
Phone: (212) 896-1254

SOURCE: Upexi, Inc.



View source version on accesswire.com:
https://www.accesswire.com/810608/upexis-tytan-tiles-toy-brand-launches-on-walmartcom-after-becoming-top-seller-on-amazon

FAQ

What is the company name and ticker symbol for the children's toy brand achieving record sales on Amazon?

The company name is Upexi Inc. and the ticker symbol is UPXI.

When did the Disney Frozen Kit launch on Amazon and what milestones did it achieve?

The Disney Frozen Kit launched on October 17th, 2023, and rose to #1 for Amazon's New Releases in Preschool Building Sets and #3 top seller in Magnetic Building Sets.

Where did the exclusive Disney Frozen set launch and when did it happen?

The exclusive Disney Frozen set launched on Walmart.com on November 27th in a Cyber Monday deal.

Who is the President of Tytan Tiles and what is his comment on the product's performance?

The President of Tytan Tiles is Nick Romano, and he expressed optimism for continued progress through the remainder of the year and into 2024.

Upexi, Inc.

NASDAQ:UPXI

UPXI Rankings

UPXI Latest News

UPXI Stock Data

3.95M
748.94k
27.48%
1.68%
3.5%
Internet Content & Information
Medicinal Chemicals & Botanical Products
Link
United States of America
TAMPA