secwatch.observer — SEC 8-K summary
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Issuer:     Once Upon a Farm, PBC (OFRM)
CIK:        0001696556
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001696556-26-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Once Upon a Farm Q1 net sales up 44% to $72.7M; raises 2026 outlook to $313-323M
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- Net sales $72.7M (+43.7% YoY); gross margin expanded 308bps to 40.8%.
- Net loss narrowed to $15.8M from $19.5M; adjusted EBITDA loss improved to $3.1M from $7.5M.
- CEO John Foraker cited accelerating velocities and cooler productivity (+11% dollar productivity vs prior quarter).
- Full-year 2026 net sales guidance raised to $313M-$323M (30-34% growth); adjusted EBITDA expected $2M-$4M.
- Cash and equivalents $99.9M with no debt at quarter end after IPO proceeds in Feb 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1696556/000169655626000014/0001696556-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1696556/000169655626000014/ofrm-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001696556-26-000014

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