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Jennifer Garner's baby food company is going public on the NYSE — should investors be putting their eggs in this basket?
Yahoo Finance· 2025-10-25 20:00
Company Overview - Once Upon A Farm, co-founded by Jennifer Garner, is an organic baby food company based in Berkeley, California, and has filed for an Initial Public Offering (IPO) pending SEC approval to list on the New York Stock Exchange under the ticker "OFRM" [1] Financial Performance - The company reported a 66% increase in revenue over a six-month period ending June 30, 2025, but has a history of losses, including $17.6 million in 2023 and $23.8 million in 2024 [2] - For the same six-month period ending June 30, 2025, Once Upon A Farm recorded a loss of $28.5 million on revenue of $110.6 million [2] Market Context - The appeal of a celebrity-backed business in a health-conscious market may enhance the company's prospects despite its financial challenges [3] - Historical examples of celebrity-backed IPOs, such as Beachbody and Figma, illustrate the volatility and potential for significant stock price declines following initial hype [4][5] IPO Market Trends - Investment in IPOs has softened since 2022 due to rising interest rates, with only $100 million raised in the past four years by fewer than two dozen firms [6]
Once Upon a Farm files for IPO
Yahoo Finance· 2025-09-30 13:17
Company Overview - Once Upon a Farm, an organic baby-food manufacturer based in Berkeley, California, has registered for an IPO on the New York Stock Exchange under the ticker symbol OFRM, a decade after its establishment in 2015 [1] - The company was co-founded by Cassandra Curtis and Ari Raz, and John Foraker, former CEO of Annie's, joined as chief executive in 2017 [2] Financial Performance - In 2024, Once Upon a Farm reported sales revenue of $156.8 million, an increase from $94.3 million in 2023. For the first half of 2025, sales reached $110.6 million, up from $65.8 million in the same period the previous year [4] - The company recorded a net loss of $23.8 million for the year ending December 31, compared to a loss of $17.6 million the previous year. In the first half of 2025, the net loss was $28.5 million, significantly higher than the $4.2 million loss in the same period a year earlier [3][4] Operational Challenges - Once Upon a Farm faces operational challenges, including uncertainty in the macroeconomic environment due to geopolitical and economic instability, which could disrupt its supply chain [5] - The company sources a significant portion of its fruit and vegetable ingredients from Mexico and South America, and potential tariffs or trade barriers could lead to shortages and increased procurement costs [6] - All products are marketed as organic, non-GMO, with no added sugar, and free from artificial flavors, colors, and preservatives [6]
RBGLY DEADLINE TOMORROW: ROSEN, A TOP RANKED LAW FIRM, Encourages Reckitt Benckiser Group PLC Investors to Secure Counsel Before Important August 4 Deadline in Securities Class Action – RBGLY
GlobeNewswire News Room· 2025-08-03 15:03
Core Viewpoint - The Rosen Law Firm is reminding purchasers of Reckitt Benckiser Group PLC's American Depositary Shares (ADSs) of a class action lawsuit with a lead plaintiff deadline of August 4, 2025, for those who bought shares between January 13, 2021, and July 28, 2024 [1][2]. Group 1: Class Action Details - Investors who purchased Reckitt ADSs during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [2]. - The lawsuit alleges that Reckitt failed to warn investors about the increased risk of necrotizing enterocolitis (NEC) in preterm infants due to its cow's milk-based formula, Enfamil, which misled investors regarding the company's business prospects [4]. Group 2: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3].
New Grips on the Block! Earth's Best® Unveils Line of Organic Play + Learn Finger Foods to Help Little Ones Learn to Self-Feed
Prnewswire· 2025-03-27 13:00
Core Insights - Earth's Best has launched a new line of organic play + learn finger foods aimed at children aged 6 months and up, reinforcing its commitment to child nutrition and development [1][3][6] - The new products are designed based on childhood nutrition research, featuring textures and flavors that promote self-feeding skills [2][8] - The finger foods are made with simple, wholesome ingredients, free from artificial flavors and preservatives, and are crafted to dissolve easily for young children [2][4] Product Details - The product line includes Organic Crunchy Sticks, Organic Melty Hoops, and Organic Munchy Fingers, each tailored for different developmental stages [3][8] - Organic Crunchy Sticks are available in a 0.56 oz multi-serve package and are designed for children aged 6+ months [4][8] - Organic Melty Hoops come in a 0.70 oz multi-serve bag and a 1.28 oz 4ct single-serve multipack, suitable for children aged 8+ months [4][8] - Organic Munchy Fingers are offered in a 1.05 oz box of nine, aimed at children aged 10+ months [4][8] Company Background - Earth's Best was founded in 1985 and has been a leader in organic baby food, providing a variety of nutritious options for families [6][7] - The brand's mission focuses on helping children build healthy eating habits from an early age [6][7] - The Hain Celestial Group, which owns Earth's Best, is a health and wellness company that markets products in over 70 countries [7]