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Edible Garden Preliminary Holiday Sales Surge 26.4% Year-Over-Year During Key Time Period
Globenewswire· 2026-01-06 12:30
Core Insights - Edible Garden AG Incorporated reported a 26.4% year-over-year increase in preliminary sales during the key holiday selling period in 2025, indicating strong consumer demand and effective operational execution [1][2] - The sales growth was broad-based, with cut and potted herbs increasing approximately 26.7% and 25.0% respectively, and hydroponic basil growing by about 16.4% [1] - The company has expanded its distribution network to over 5,000 retail locations nationwide, including partnerships with major retailers such as Walmart, Target, and Amazon [2] Sales Performance - The sales figures reflect the period from December 14-31, 2025, compared to December 15-31, 2024, showcasing significant growth across various product categories [1][3] - Wheatgrass sales nearly doubled compared to the prior-year period, and condiments and specialty products also contributed positively to overall performance [1] Operational Highlights - The company emphasizes its operational focus and reliability, which are key to supporting growth and enhancing the Edible Garden brand [2] - The fulfillment rate, a key performance metric, is defined as the percentage of orders filled in full relative to the total number of orders received, indicating strong operational efficiency [4] Product and Innovation - Edible Garden is recognized for its controlled environment agriculture (CEA) solutions and sustainable practices, including its Zero-Waste Inspired® growing platform [3] - The company utilizes patented technologies such as the GreenThumb software and self-watering displays to optimize growing conditions and enhance product shelf life [3] Future Outlook - The company aims to continue expanding and strengthening retail relationships while maintaining consistent operational execution and delivering sustainable products that meet consumer demand [2]
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 Expands USDA Organic Offerings to Angelo Caputo's Fresh Markets, Bringing Fresh, Sustainable Products to Chicagoland Consumers
Globenewswire· 2025-09-18 12:30
Core Insights - Edible Garden AG Incorporated has expanded its market presence in the Midwest by partnering with Angelo Caputo's Fresh Markets, a family-owned grocery chain with 10 locations in Illinois, to offer its USDA Organic products [1][3] - The partnership includes the introduction of Edible Garden's fresh potted herbs, hydro basil, wheatgrass, and pickles, supported by innovative display systems designed to enhance product freshness and customer experience [1][3] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable 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] - Edible Garden's facilities include state-of-the-art greenhouses and processing plants located in Michigan, Iowa, and New Jersey, along with a network of contract growers to ensure product freshness [4] Product and Technology - The company utilizes proprietary GreenThumb 2.0 software to optimize growing conditions and reduce food miles, along with patented self-watering displays to extend plant shelf life [5] - Edible Garden also holds patents in advanced aquaculture technologies, enhancing its product offerings in sustainable farming [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 and innovation in the food industry [6]
Edible Garden AG rporated(EDBL) - Prospectus
2024-09-05 22:09
As filed with the Securities and Exchange Commission on September 5, 2024. FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 EDIBLE GARDEN AG INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 100 85-0558704 (Primary standard industrial classification code number) Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (I.R.S. employer identification number) 283 Count ...