Expansion of Kids Ready-to-Drink Products
Else Nutrition's kids ready-to-drink products expanded to approximately 1,000 Walmart stores, showing significant market penetration and consumer interest.
Successful Cost Reductions
Operating expenses were reduced by almost 60% year-over-year, with wages falling by 50% and consulting fees by 90%.
Operating Loss Improvement
The operating loss improved by 55% to $1.4 million from $3.1 million in Q2 2024.
Regulatory Progress
Encouraging developments in U.S. legislation and recommendations from the National Academies provide confidence for a regulatory pathway for Else's plant-based infant formula.
International Growth
Toddler Signature products continue to perform well in Europe, with growing interest from distributors in key global markets.