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Edible Garden AG Incorporated's Financial Challenges and Opportunities
Financial Modeling Prep· 2025-11-15 01:00
Core Viewpoint - Edible Garden AG Incorporated (EDBL) is facing significant financial challenges despite a strategic shift towards consumer packaged goods, as evidenced by its earnings report and revenue performance [2][3][6] Financial Performance - EDBL reported an earnings per share (EPS) of -$1.38 for Q3 2025, missing the estimated EPS of -$0.51, indicating ongoing financial difficulties [2][6] - The company's actual revenue for Q3 2025 was $2.82 million, below the estimated $3.88 million, although it represented a 9% increase compared to the same period in 2024 [3][6] - Sales of non-perishable consumer packaged goods (CPG) units surged by 49.3% year-over-year, highlighting growth potential despite overall revenue shortfalls [3][6] Financial Metrics - EDBL's enterprise value to operating cash flow ratio is negative at around -0.58, suggesting challenges in generating cash flow from operations [4] - The earnings yield is also negative at approximately -3.66%, further indicating the company's unprofitability [4] - The company maintains a low debt-to-equity ratio of approximately 0.25, suggesting manageable debt levels, but the current ratio of about 0.80 indicates potential difficulties in covering short-term liabilities [5]
Edible Garden's New Distribution at Pete’s Market in Chicago Pushes Brand into Leadership Position in Chicagoland
Globenewswire· 2025-09-23 12:30
Core Insights - Edible Garden AG Incorporated has announced a significant expansion of its national retail distribution network through a partnership with Pete's Fresh Market, enhancing its presence in the grocery market [1][5]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce. The company operates over 5,000 retail locations across the U.S., Caribbean, and South America [6]. - The company utilizes a Zero-Waste Inspired® farming model and advanced safety protocols, along with patented technologies such as GreenThumb software and Self-Watering displays [6][8]. Partnership Details - The partnership with Pete's Fresh Market will involve supplying a diverse selection of sustainably grown products, including the Pickle Party® line, which features fermented Kosher, Non-GMO pickles and sauerkraut [2][5]. - Customized merchandising units, including fresh herb racks and basil displays, will be deployed to enhance product visibility and consumer engagement [3]. Logistics and Operational Efficiency - The rollout will utilize the Direct-to-Distribution Center (DC) program, which allows for direct delivery to Pete's Fresh Market's centralized distribution network, optimizing freshness and reducing food miles [4]. - This logistics model is designed to streamline inventory flow and align with the company's environmental impact goals [4]. Strategic Goals - The CEO of Edible Garden emphasized that this partnership is a strategic move to make sustainably grown produce more accessible while enhancing the company's presence in a dynamic grocery market [5]. - The initiative is expected to deliver topline growth and operational leverage, supporting the company's mission of sustainability and community focus [5].