Edible Garden Reports Significant 27.6% Year-Over-Year Revenue Growth for First Quarter of 2024
EDBLEdible Garden AG rporated(EDBL) Newsfilter·2024-05-15 19:00

195.8% Gross Profit Increase in Q1 2024 with Gross Margin Increasing by 171 Basis Points 95% of Edible Garden Fresh Product Line Being Produced at Company-Owned Facilities - Strategic Pivot Away from Third-Party Growers Marks a Turn Toward Higher Expected Profits Vertical Integration Expected to Pay Off - Company Plans to Boost Margins in the Coming Quarters Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., May 15, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated ("Edible Garden" or the ...