secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000950170-24-126746
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good Q3 revenue falls 28% to $3.6M; net loss of $3.4M vs prior-year profit
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- Revenue $3.6M vs $5.0M in Q3 2023; gross margin dropped to 16% from 27%.
- Net loss $3.4M ($0.33/diluted share) vs net income $0.3M ($0.04/share) last year.
- Shipments delayed in Q3 due to extreme heat causing product quality issues; temperature-controlled distribution being implemented.
- Year-to-date revenue surged to $30.6M from $6.5M in 2023; gross margin improved to 46.4%.
- Sixth freeze dryer operational; retail expansions include World Market, Cracker Barrel, Kroger, Albertsons, Five Below.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024126746/0000950170-24-126746-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000095017024126746/sowg-20241114.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-126746

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer