Else Nutrition Holdings Inc (TSE:BABY) has released an update.
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Else Nutrition Holdings Inc. reports a strong start to 2024, with significant retail partnerships and a surge in Amazon sales, marking a 92% and 330% year-over-year increase in the U.S. and Canada, respectively. Despite a temporary dip in quarterly revenue due to delayed orders, the company’s introduction of innovative dairy and soy-free products, including a plant-based infant formula in Australia and ready-to-drink shakes, show a promising outlook for growth. The company remains focused on expanding its retail presence, increasing brand awareness, and managing expenses while gearing up for new product launches.
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