IVFH CEO reports turnaround progress, sets May 14 Q1 call and May 15 annual meeting

INNOVATIVE FOOD HOLDINGS INC

CEO letter says company returned to consistent adjusted EBITDA for first time in several years.
Q1 2024 Professional Chef business returned to slight growth; Florida HQ sold, PA center listed.
Company exploring strategic alternatives for direct-to-consumer business; exited non-core units.
2023 revenue: ~$40M drop-ship, ~$30M distribution; 100/10 plan targets $100M rev, $10M adj. EBITDA.
Q1 earnings call May 14, 2024 4:30 ET; annual meeting May 15, 2024 in New York.

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