earnings
confidence high
sentiment positive
materiality 0.75
Sow Good reports preliminary Q4 revenue of $9.54-9.57M, up from $0.05M YoY
Sow Good Inc.
2024-FY EPS
reported -$0.59
vs consensus -$3.37
▲ beat
(+82.5%)
- Q4 2023 revenue expected $9.54-9.57M, a quarterly record, vs $0.05M in Q4 2022.
- Full year 2023 revenue expected $16-16.12M, a significant increase from $0.43M in 2022.
- Three new freeze driers slated for completion by Q1 2024 to more than double production capacity.
- Opening a 1,500 sq ft corporate office in Monterrey, Mexico by end of Jan 2024 for Sales, Graphics, etc.
- New SKU launches include Sour/Sweet Spheres, jumbo Bites, and freeze-dried ice cream sandwiches.