Jeffs’ Brands Subsidiary Sees Soaring Revenue
Company Announcements

Jeffs’ Brands Subsidiary Sees Soaring Revenue

Jeffs’ Brands Ltd. (JFBR) has released an update.

Jeffs’ Brands Ltd., an e-commerce company operating on Amazon Marketplace, has reported a striking 62% revenue increase to $4.4 million in the first half of 2024 for its subsidiary Fort Products Ltd. Profits from Fort’s Amazon sales have more than doubled, with a 114% rise compared to the same period last year. CEO Victor Hakmon attributes this robust growth to strategic investments in new markets and enhancements in marketing and sales processes.

For further insights into JFBR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskJeffs’ Brands Ltd. Expands UK Footprint with New Warehouse
TheFlyJeffs’ Fort Product signed a lease agreement for new warehouse in England
GlobeNewswireJeffs’ Brands Supports Fort’s Growth By Leasing a New Warehouse of Over 10,000 square feet in the UK
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App