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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has provided an announcement.
Maggie Beer Holdings Ltd. announced the sale of Paris Creek Farms and a streamlined organizational structure as part of its efforts to stabilize and improve profitability. The company is implementing Shopify across its websites and focusing on pricing strategy, cost optimization, and building relationships with major customers. Looking ahead, Maggie Beer aims to push revenue beyond $100 million, expand into new product categories and channels, and lead in eCommerce innovation with new hampers and partnerships.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd. operates in the food and beverage industry, focusing on premium products. The company is known for its gourmet food offerings and has a market focus on enhancing its eCommerce capabilities and expanding its product categories.
Average Trading Volume: 316,998
Technical Sentiment Signal: Hold
Current Market Cap: A$22.31M
Find detailed analytics on MBH stock on TipRanks’ Stock Analysis page.