Improved Fulfillment Rates
Short shipments reduced from approximately 20% at the start of the quarter to under 2% by April, reflecting improved inventory management and operational efficiency.
New Product Launch and Distribution Expansion
Launched a new multifunctional soda line with national distribution secured in Sprouts Farmers Market. Expanded distribution at multiple retailers, including Albertsons, Safeway, and Costco.
Operational Improvements and Leadership Changes
Appointed Ruud Bakker to the Board of Directors, bringing over 25 years of industry experience. Initiated supply chain optimizations and packaging transitions to improve cost efficiency.
4.5% Increase in Net Sales
Net sales for the first quarter of 2025 increased to $10 million compared to $9.6 million in the previous year, driven by higher volumes with recurring national customers.