Yerbaé Reports Largest Amazon Sales Day in Company History
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) reported its largest Amazon sales day in company history during Amazon Prime Day 2024. The plant-based energy beverage company experienced a 30% increase in sales compared to the same period in 2023. This surge highlights Yerbaé's growing popularity among consumers seeking healthier, plant-based energy alternatives.
CEO and co-founder Todd Gibson attributed the success to the team's hard work and strong consumer connection. The record-breaking sales reflect the company's commitment to innovation and excellence in the beverage industry. Yerbaé remains focused on expanding its reach and delivering exceptional products to meet the evolving needs of health-conscious consumers.
- Largest Amazon sales day in company history
- 30% increase in sales compared to previous year's Amazon Prime Day
- Growing popularity among health-conscious consumers
- None.
Yerbaé celebrates
Yerbaé Plant-Based Energy, caffeinated by Yerba Mate (Photo: Business Wire)
Amazon Prime Day, a highly anticipated online shopping event, provides a platform for brands to connect with millions of consumers and offer exclusive deals. This significant surge underscores Yerbaé's growing popularity among consumers seeking healthier, plant-based energy alternatives. The company's commitment to delivering high-quality, natural energy beverages continues to resonate with a broadening consumer base.
"We are thrilled to report this milestone achievement," said Todd Gibson, CEO and co-founder of Yerbaé. "Our record-breaking sales on Amazon Prime Day reflect the hard work of our team and the strong connection we have with our consumers. This success is a testament to our dedication to innovation and excellence in the beverage industry."
"We are incredibly grateful for the support of our loyal consumers," added Karrie Gibson, co-founder of Yerbaé. "Their enthusiasm and trust in our products inspire us to continue pushing the boundaries of what's possible in the energy beverage category."
The company remains committed to expanding its reach and delivering exceptional products that meet the evolving needs of health-conscious consumers.
About Yerbaé
Yerbaé Brands Corp., (TSXV: YERB.U; OTCQX: YERBF) makes great-tasting energy beverages with yerba mate and other premium, plant-based ingredients. All Yerbaé energy beverages are zero calorie, zero sugar, non-GMO, vegan, kosher, keto-friendly, paleo-approved, gluten free and diabetic-friendly. Founded in
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements relating to the Company. Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including: the anticipated use of proceeds of the Offering; that Yerbaé will receive the necessary approvals from the TSXV or otherwise for the closing of the Offering and the Media Specialists Agreement; that Yerbaé will deliver consistent growth; and Yerbaé’s ability to be a leading player in the plant-based functional energy beverage industry. Forward-looking statements are based on assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. The material assumptions supporting these forward-looking statements include, among others, that the Company will receive the necessary final approval for the Offering and the Media Specialists Agreement; that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that the Company’s brokers and distributors will continue to sell and prioritize the Company’s products; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of energy drinks; the fact that consumers may not embrace and purchase any of the Company’s products; additional competitors selling energy drinks reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the potential for supply chain interruption due to factors beyond the Company’s control; the fact that there may be increases in costs and/or shortages of raw materials and/or ingredients and/or fuel and/or costs of co-packing; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace energy drink products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers, brokers, and distributors; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions.
These forward-looking statements are made as of the date of this news, and the Company assumes 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, except as required by applicable law, including the securities laws of
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240718589936/en/
For investors, investors@yerbae.com or 480.471.8391
To reach CEO Todd Gibson, todd@yerbae.com or 480.471.8391
Source: Yerbaé Brands Corp.
FAQ
What was Yerbaé's sales performance on Amazon Prime Day 2024?
How does Yerbaé's Amazon Prime Day 2024 performance reflect its market position?
What did Yerbaé's CEO say about the Amazon Prime Day 2024 results?
