Edible Garden AG rporated(EDBL)
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Edible Garden’s Award-Winning Kick. Sports Nutrition Now Available on Target.com
Globenewswire· 2025-12-11 13:30
2025 Sports Nutrition Product of the Year Expands Its Digital Footprint as Part of the Company’s Growing Omnichannel StrategyBELVIDERE, NJ, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced that its award-winning Kick. Sports Nutrition product line is now available on Target.com, expanding the brand’s ...
Edible Garden's Award-Winning Kick. Sports Nutrition Now Available on Target.com
Globenewswire· 2025-12-11 13:30
BELVIDERE, NJ, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced that its award-winning Kick. Sports Nutrition product line is now available on Target.com, expanding the brand’s digital footprint and strengthening its rapidly growing omnichannel strategy. Kick. Sports Nutrition, Edible Garden’s clean-l ...
Edible Garden AG rporated(EDBL) - 2025 Q3 - Quarterly Results
2025-12-09 12:40
Revenue Growth - Revenue increased by 9% to $2.8 million for the third quarter ended September 30, 2025, compared to $2.6 million in the same quarter of 2024[8] - International vitamin and supplements revenue rose 90.2% year-over-year, indicating significant growth in international markets[6] - Non-perishable unit sales surged approximately 49.3% year-over-year, driven by strong performance in shelf-stable product lines[6] Profitability and Loss - Gross profit for the quarter totaled approximately $0.3 million, down from $0.7 million in the prior-year quarter, due to higher costs[9] - The net loss for the quarter was $4.0 million, compared to a net loss of $2.1 million in the third quarter of 2024[10] - Net loss for the current period was $4,045 million, compared to a net loss of $2,063 million in the previous period, representing an increase of 96.3%[31] - Loss from operations increased to $3,558 million from $1,490 million, indicating a significant decline in operational performance[31] - Net income per common share was $(1.38), a decrease from $(16.32) in the previous period, reflecting worsening financial results[31] - The total net loss attributable to common stockholders reached $21,245 million, up from $7,972 million, highlighting a concerning trend[31] Expenses - Selling, general and administrative expenses increased to $3.8 million from $2.2 million in the same period last year, primarily due to higher depreciation expenses[10] - The company reported a total of $11,073 million in selling, general and administrative expenses, an increase from $8,823 million, reflecting rising operational costs[31] Operational Performance - Same store sales for Hydroponic Basil, Potted Herbs, and Wheatgrass increased by 28.6%, 22.6%, and 59.2% respectively[6] - The company is focused on long-term sustainable profitability and has built a more resilient organization to capture growth across both fresh and non-perishable categories[7] Strategic Initiatives - The company expanded its distribution network, launching products at major retailers including Kroger and The Fresh Market[4] - The acquisition of NaturalShrimp's assets is expected to enhance vertical integration and sustainable aquaculture capabilities[5] Financial Instruments and Other Income - Total other income (expenses) amounted to $(487) million, compared to $(573) million in the prior period, showing a slight improvement[31] - Interest expense, net decreased slightly to $(387) million from $(409) million, suggesting a minor improvement in financing costs[31] - Gain on change in derivative liability was $9 million, indicating some positive movement in financial instruments[31] - The deemed dividend on warrants was $(9,833) million, which impacted the net loss attributable to common stockholders significantly[31] - Weighted-average number of common shares outstanding increased to 2,934,311 from 126,416, indicating a substantial dilution effect[31]
Edible Garden Preliminary Sales Results During Key Thanksgiving Time Period Increased 26.9% in 2025
Globenewswire· 2025-12-09 12:30
Poultry Mix Leads Seasonal Surge With 27.5% Growth, Boosted by Walmart Expansion and Custom Displays Holiday Performance Strengthened by Growth in Core Categories BELVIDERE, NJ, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced preliminary sales results for the 2025 Thanksgiving time-period1, reflectin ...
Edible Garden's Pickle Party™ Line Starts to Ship at King Kullen, Expanding Access to Fresh, Fermented, Functional Kosher Pickles
Globenewswire· 2025-12-05 14:00
BELVIDERE, NJ, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced that Pickle Party™ shipments are now underway to King Kullen supermarkets. The introduction brings the Company’s fresh, fermented pickle line to a new audience of shoppers seeking clean-label, flavorful condiments that support wellness. P ...
Edible Garden’s Pickle Party™ Line Starts to Ship at King Kullen, Expanding Access to Fresh, Fermented, Functional Kosher Pickles
Globenewswire· 2025-12-05 14:00
Enhances Company’s Presence Across the New York Metro Region as Demand for Clean-Label, Better-For-You Foods Continues to GrowBELVIDERE, NJ, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced that Pickle Party™ shipments are now underway to King Kullen supermarkets. The introduction brings the Company’s ...
Edible Garden to Feature Hydroponic Basil, Pulp, and Pickle Party® at the NY Produce Show at the Jacob Javits Center in New York City on December 3
Globenewswire· 2025-12-02 14:15
Company’s Operational Excellence and Growing Brand Portfolio Continue to Drive Leadership in the Highly Competitive NY Metropolitan MarketBELVIDERE, NJ, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leading provider of controlled environment agriculture (CEA) solutions and sustainable, locally grown organic produce, today announced that it will participate in the 2025 New York Produce Show and Conference, taking place December 3, ...
Edible Garden Products Now Carried by George’s Plants, Along with New Brooklyn Harvest Market and Associated Supermarket Locations
Globenewswire· 2025-11-21 14:15
Core Insights - Edible Garden AG Incorporated is expanding its retail presence in New York City by partnering with local retailers such as George's Plants, Brooklyn Harvest Market, and Associated Supermarket, offering a full range of its organic produce and Pickle Party® products [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model, available in over 5,000 retail locations across the U.S., Caribbean, and South America [4] - The company operates advanced greenhouses and processing facilities in Michigan, Iowa, and New Jersey, and collaborates with contract growers near major U.S. markets to ensure product freshness and minimize environmental impact [4] Product Offerings - The company offers a variety of products, including potted and cut herbs, hydroponic basil, and a growing line of nutrition and specialty food products such as Vitamin Way® and Vitamin Whey® [6] - Edible Garden's Pickle Party® line features gourmet fermented foods, while Pulp products include fermented gourmet and chili-based sauces [6] Technological Innovations - Edible Garden utilizes proprietary GreenThumb 2.0 software to optimize greenhouse conditions and reduce food miles, along with patented Self-Watering displays to enhance plant shelf life and in-store presentation [5] - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5] Market Position - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability and innovation in the food industry [6]
Edible Garden Products Now Carried by George's Plants, Along with New Brooklyn Harvest Market and Associated Supermarket Locations
Globenewswire· 2025-11-21 14:15
Core Insights - Edible Garden AG Incorporated is expanding its retail presence in New York City by partnering with George's Plants, Brooklyn Harvest Market, and Associated Supermarket locations to offer its full range of products [1][2][3] Group 1: Retail Expansion - The company has established new distribution channels in Brooklyn, NY, enhancing its visibility and accessibility to consumers [1][2] - George's Plants is recognized for its quality and connection to local food culture, making it a suitable partner for Edible Garden [2] - The addition of more locations within Associated Supermarket and Brooklyn Harvest Market reflects the growing demand for Edible Garden's sustainably grown products [2] Group 2: Product Offering - Edible Garden's product line includes potted and cut herbs, hydroponic basil, and the Pickle Party® line of gourmet fermented foods [1][3] - The company emphasizes clean-label foods that are responsibly grown, catering to consumer demand for sustainable options [3] Group 3: Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), operating over 5,000 retail locations across the U.S., Caribbean, and South America [4] - The company utilizes a Zero-Waste Inspired® farming model and advanced safety protocols, distinguishing itself in the CEA and sustainability technology movement [4] - Edible Garden operates vertically integrated greenhouses and processing facilities, ensuring freshness and reducing environmental impact through strategic partnerships with contract growers [4] Group 4: Technology and Innovation - The company has developed proprietary technologies, including the GreenThumb 2.0 software and Self-Watering displays, to optimize growing conditions and extend product shelf life [5] - Edible Garden holds multiple patents in aquaculture technologies, enhancing its innovative capabilities in sustainable farming practices [5] Group 5: Recognition and Initiatives - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [6] - The company also markets a range of nutrition and specialty food products, including plant and whey protein powders, and gourmet condiments [6]
Edible Garden Now Available at DUMBO Market and Marrazzo's Market
Globenewswire· 2025-11-20 12:30
Core Insights - Edible Garden AG Incorporated has expanded its distribution of USDA Organic herbs and sustainably grown produce to new retail partners, DUMBO Market in Brooklyn and Marrazzo's Market in New Jersey, enhancing access to fresh, sustainable food options in the Northeast [1][2][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [4] - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable packaging [4] - It has state-of-the-art greenhouses and processing facilities in multiple locations, including Michigan, Iowa, and New Jersey, and partners with contract growers near major markets to ensure freshness [4] Technology and Innovation - Edible Garden's proprietary GreenThumb 2.0 software optimizes greenhouse conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [5] - The company holds patents in advanced aquaculture technologies, including a closed-loop shrimp farming system and a modular recirculating aquaculture setup [5] Market Position and Recognition - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative, highlighting its commitment to sustainability [6] - The company also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7]