Whole Earth Brands Reports First Quarter 2024 Results
Whole Earth Brands, Inc. - Class A (FREE)
Company Research
Source: GlobeNewswire
CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its first quarter ended March 31, 2024. First Quarter Highlights Consolidated revenue of $129.5 million, a decrease of 2.2% on a reported basis and 2.3% on a constant currency basis compared to the prior year period.Branded CPG revenue decreased 3.5% on a reported basis and 3.5% on a constant currency basis as compared to 2023 primarily due to lower volumes.Flavors & Ingredients revenue grew 2.1% on a reported basis and 1.9% on a constant currency basis compared to the prior year period, driven by volume growth and price increases.Operating income of $3.1 million and Adjusted EBITDA of $19.1 million. First Quarter Net Segment Revenue Growth Overview Reported Foreign Currency Exchange Constan
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FREE
Earnings
- 11/9/23 - Miss
FREE
Sec Filings
- 6/25/24 - Form SC
- 6/24/24 - Form DEFM14A
- 6/20/24 - Form CT
- FREE's page on the SEC website