Forbidden Foods Ltd ( (AU:FFF) ) has provided an announcement.
Forbidden Foods Ltd reported a significant increase in net sales for the March quarter, with a 171% rise compared to the previous year, reaching $1.1 million. The growth was driven by strong online sales, particularly for the Blue Dinosaur product range, and a substantial purchase order from Costco. The company’s strategic acquisition of Oat Milk Goodness and successful marketing campaigns have contributed to this upward trajectory, positioning Forbidden Foods as a growing player in the FMCG segment. The company is on track to meet its annual revenue targets and aims to expand its market presence through new product launches and distribution partnerships.
More about Forbidden Foods Ltd
Forbidden Foods Ltd (ASX: FFF) is a health & wellness food company focused on providing clean, sustainable, and healthy products. The core brand in its portfolio is Blue Dinosaur®, which is available in Australia and the USA.
Average Trading Volume: 6,209,644
Technical Sentiment Signal: Buy
Current Market Cap: A$7.12M
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