Edible Garden (NASDAQ:EDBL) stock is up on Wednesday after the agriculture farming company announced its earnings results for the second quarter of the year. Edible Garden reported diluted earnings per share of -$1.21 for the quarter. That's better than the -$4.21 per share that Wall Street was expecting. It's also a major improvement from the -$4.83 reported in the same period of the year prior. Unfortunately, its revenue of $4.27 million didn't fare so well. This is worse than the $4.43 million that analy ...

财务数据和关键指标变化 - 总收入为4.2亿美元,与去年同期基本持平 [27] - 毛利润增长157%,毛利率从13.1%提升至36.7% [28] - 销售、一般及管理费用增加,主要由于资本运作相关的审计、会计和法律费用以及一次性费用100万美元 [29] - 净亏损每股1.21美元,去年同期为4.83美元,经营亏损从183万美元改善至118万美元 [30] 各条业务线数据和关键指标变化 - 切割香草业务同比增长61% [12] - 维生素和补充剂业务同比增长30% [12] - 公司正在开发新的维生素补充剂产品线,并计划在电商渠道进一步拓展 [33][34][35] - 公司正在开发新的发酵食品产品线,包括发酵泡菜等 [35][36] 各个市场数据和关键指标变化 - 公司与UNFI、KeHE等大型分销商合作,进一步扩大了调味酱产品的分销网络 [14][15] - 公司与Hemingway's、Seasons Kosher、Lincoln Market等新增零售商合作,进一步拓展了产品的零售渠道 [17][18][19] - 公司的自有农场现已占总产品的95%,有助于提高产品品质和供应链效率 [13][37][38] 公司战略和发展方向及行业竞争 - 公司正在逐步减少对第三方种植商的依赖,转向自有农场生产,以提高毛利率 [13] - 公司正在向更高毛利的业务如维生素补充剂和发酵食品转型 [33][35][36] - 公司正在开发新的包装和运输技术,以延长产品保质期,减少损耗 [23] - 公司与残障人士就业合作计划,体现公司在ESG和可持续发展方面的承诺 [24][25] - 行业方面,调味酱和调味品市场预计2028年将达到2400亿美元 [16] 管理层对经营环境和未来前景的评论 - 管理层对公司的业务表现和未来发展前景表示乐观 [12][33][36][59] - 管理层认为公司的垂直整合和产品创新将进一步提升竞争力和盈利能力 [13][23][37][58][59] - 管理层表示将继续专注于高毛利业务,并通过新产品开发和渠道拓展来推动公司的长期增长 [33][34][35][36][59] 其他重要信息 - 公司与Hermann Pickle Company建立产品开发合作关系,共同开发发酵植物基产品 [22] - 公司推出了家庭种植香草和罐装香草产品,以满足消费者对家庭种植的需求 [20][21] 问答环节重要的提问和回答 问题1 **Anthony Vendetti 提问** 询问公司维生素补充剂业务和第三方种植商业务的未来展望 [32] **James Kras 回答** - 公司将在9月的行业展会上推出新的维生素补充剂产品线,并计划进一步拓展电商渠道 [33][34] - 公司将继续减少对第三方种植商的依赖,通过自有农场生产提高毛利率和供应链效率 [37][38] 问题2 **Nick Pinkus 提问** 询问公司向更高毛利产品转型的计划,以及在节假日旺季的进一步垂直整合和毛利改善空间 [47][55] **James Kras 回答** - 公司将通过推出更多高毛利的自有品牌产品,如调味酱、发酵食品等,来提升整体毛利率 [48][49][50][51][52][53][61] - 公司将在节假日旺季进一步提升产能和效率,预计毛利率将继续改善 [56][57][58][59] 问题3 **Unidentified Analyst 提问** 询问公司与大型零售商的良好关系是否还未被市场充分认识 [54] **James Kras 回答** - 公司与主要零售商建立了深厚的合作关系,这为公司带来了稳定的销售渠道和优势地位 [49][50][51] - 公司将继续利用这些关系,推广更多高毛利的自有品牌产品,以推动未来的业绩增长 [52][53][61]

财务业绩 - 公司发布了2024年7月4日假期期间的初步财务业绩[8] iPhone销售 - 公司报告显示，中国市场iPhone销售创下收入纪录为967.7亿美元[10]

BELVIDERE, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will host a conference call on Wednesday, August 14, 2024, at 8:00 AM Eastern Time to discuss financial results for the quarter ended June 30, 2024, and provide a business update. The conference call will be available via telephone by ...

BELVIDERE, NJ, July 31, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today reported that its Vitamins and Supplements products achieved over 30% year-over-year sales growth for the second quarter. The Company expects this growth in Vitamins and Supplements products to have a favorable impact on profitability and cash flow from ...

BELVIDERE, NJ, July 31, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today reported that its Vitamins and Supplements products achieved over 30% year-over-year sales growth for the second quarter. The Company expects this growth in Vitamins and Supplements products to have a favorable impact on profitability and cash flow from ...

BELVIDERE, NJ, July 29, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company's products are now available at Seasons Kosher and Lincoln Market retail locations. Seasons Kosher, a local supermarket chain, is celebrated for its extensive range of kosher products, which are distinguished by a commitment ...

BELVIDERE, NJ, July 29, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company’s products are now available at Seasons Kosher and Lincoln Market retail locations. Seasons Kosher, a local supermarket chain, is celebrated for its extensive range of kosher products, which are distinguished by a commitment ...

BELVIDERE, NJ, July 24, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the "Company") (NASDAQ:EDBL, EDBLW))), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company experienced a more than 44% year-over-year increase in preliminary produce sales for the key July 4th holiday time period.1 Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, "We are extremely proud of Edible ...

BELVIDERE, NJ, July 24, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company experienced a more than 44% year-over-year increase in preliminary produce sales for the key July 4th holiday time period.1 Mr. Jim Kras, Chief Executive Officer of Edible Garden, commented, "We are extremely proud of Edible G ...