Edible Garden Reports a 324% Year-Over-Year Increase in Gross Profit for Nine-Month Period Ending September 2024
Edible Garden AG Incorporated (EDBL)
Company Research
Source: GlobeNewswire
Healthy Core Business Operations - Year-to-Date Cut Herbs Sales Up 55% and Pulp Sales Up; Momentum Expected to Continue into 2025 Conference Call to Be Held Today at 8:00 am ET BELVIDERE, N.J., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today provided a business update and reported financial results for the three months ended September 30, 2024. Jim Kras, Chief Executive Officer of Edible Garden, commented, " We are pleased to report another strong quarter. Earlier this year, we made a strategic shift away from lower margin floral and lettuce products. This decision continues to pay dividends, highlighted by a $687,000 increase in gross profit for the third quarter of 2024 compared to the same period last year, representing gross profit margin expansion of 27% as compared to the third quarter of
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News
- Edible Garden Rolls Out Zero-Waste Inspired® Curb-Side Sustainable Pots [Yahoo! Finance]Yahoo! Finance
- Edible Garden Rolls Out Zero-Waste Inspired® Curb-Side Sustainable PotsGlobeNewswire
- Edible Garden Expands Production of ‘Squeezables' Fresh Condiment Line - Shelf-Stable, Stir In Paste Herbs, Redefining Fresh Flavor [Yahoo! Finance]Yahoo! Finance
- Edible Garden Expands Production of ‘Squeezables’ Fresh Condiment Line - Shelf-Stable, Stir In Paste Herbs, Redefining Fresh FlavorGlobeNewswire
- Edible Garden Announces Favorable Preliminary Results from USDA & EPA Supported Brisea Nanobubble Demonstration Project [Yahoo! Finance]Yahoo! Finance
EDBL
Sec Filings
- 2/14/25 - Form SCHEDULE
- 2/7/25 - Form SCHEDULE
- 2/3/25 - Form SCHEDULE
- EDBL's page on the SEC website