Else Nutrition Holdings Inc (TSE:BABY) has released an update.
Else Nutrition Holdings Inc. has reported a substantial growth in its 2023 financial year, with a 38% increase in Q4 revenue over the previous quarter and an overall 10% revenue rise compared to 2022. The company’s expansion in the North American retail market has led to its products being available in over 14,000 stores, coupled with the launch of a new kids ready-to-drink product. Despite earlier manufacturing challenges, Else Nutrition has secured new partnerships and improved manufacturing processes that promise to support its aggressive growth plans and enhance product quality.
For further insights into TSE:BABY stock, check out TipRanks’ Stock Analysis page.
