Luff Enterprises (TSE:HERB) has released an update.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Herbal Dispatch Inc. reported a remarkable 120% increase in gross sales in Q3 2024, reaching $3.3 million, with year-to-date revenue growing by 183% to $9.2 million. The company attributes this surge to its expanded export relationships and the successful launch of its new “Happy Hour” brand, which has been well-received in the domestic market. Additionally, Herbal Dispatch achieved positive adjusted EBITDA for three of the past four fiscal quarters.
For further insights into TSE:HERB stock, check out TipRanks’ Stock Analysis page.