Edible Garden reports preliminary holiday herb/produce sales up >45% YoY

Edible Garden AG Inc

2024-FY EPS reported -$68.38 vs consensus -$91.80 ▲ beat (+25.5%)

Preliminary herbs and produce sales for Dec 15-21, 2024 rose over 45% vs Dec 17-23, 2023.
Thanksgiving period (Nov 8-24, 2024) saw over 50% YoY sales increase.
Distribution network includes >5,000 retail locations: Meijer, Walmart, ShopRite, Hannaford, Target, Tops, H Mart.
High fulfillment rates cited as key driver; data excludes vitamins/supplements revenue.
Results are preliminary, unaudited, and subject to final Q4 2024 closing procedures.

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