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Edible Garden AG , Inc. (EDBL)
NASDAQ:EDBL
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.74Last Year’s EPS
-30.25Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -13.04%
|Next Earnings Date:Aug 19, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in Edible Garden's strategic shift to higher-margin products and sustainability efforts, resulting in improved gross margins and future growth potential. However, challenges remain with a revenue decline due to exiting lower-margin categories and ongoing net losses.Company Guidance
During the first quarter of 2025, Edible Garden AG Incorporated reported a significant strategic shift towards higher-margin, shelf-stable products, contributing to an improvement in gross margin from 0.7% to 3.2%, and a remarkable 283% year-over-year increase in gross profit. Despite a 13.2% decline in total revenue to $2.7 million, largely due to exiting lower-margin floral and lettuce categories, non-perishable revenue grew by 15%, highlighting the success of brands like Kick. Sport Nutrition, Pickle Party, Squeezables, Pulp, and Vitamin Way. The company also launched new retail partnerships with major outlets such as Walmart and ShopRite, enhancing its market presence. A significant milestone was the $15.5 million acquisition of NaturalShrimp Farms, expected to enhance operational capabilities and sustain long-term innovation. This acquisition aligns with Edible Garden's focus on sustainability, as evidenced by its participation in Walmart's Project Gigaton, which avoided nearly 11,800 metric tons of virgin plastic in 2024. The company is optimistic about delivering long-term value, supported by a focused strategy and strengthened operational foundation.Strategic Transition to Higher-Margin Products
Edible Garden's strategic shift towards higher-margin, shelf-stable products such as Kick. Sport Nutrition, Pickle Party, Squeezables, Pulp, and Vitamin Way is gaining traction, contributing to margin expansion and setting the stage for scalable, profitable growth. Non-perishable revenue rose 15% year-over-year.
Gross Profit and Margin Improvement
Gross profit increased 283% year-over-year, nearly quadrupling from Q1 2024, while gross margin improved to 3.2% from 0.7% due to stronger cost control and improved SKU mix.
Acquisition of Natural Shrimp Facility
The $15.5 million acquisition of Natural Shrimp Farms, funded through a mix of preferred equity and institutional investment, strengthens Edible Garden's balance sheet without increasing debt and enhances water efficiency and reduces environmental impact.
Sustainability Achievements
Through initiatives like Walmart's Project Gigaton, Edible Garden helped avoid nearly 11,800 metric tons of virgin plastic in 2024, conserved over 28,000 gallons of diesel, and diverted 103 tons of food through donation programs.
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EDBL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EDBL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $2.30 | $1.98 | -13.91% |
Mar 31, 2025 | $3.47 | $2.43 | -29.97% |
Nov 13, 2024 | $4.34 | $3.82 | -11.98% |
Aug 14, 2024 | $29.37 | $32.50 | +10.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Edible Garden AG , Inc. (EDBL) report earnings?
Edible Garden AG , Inc. (EDBL) is schdueled to report earning on Aug 19, 2025, TBA Not Confirmed.
What is Edible Garden AG , Inc. (EDBL) earnings time?
Edible Garden AG , Inc. (EDBL) earnings time is at Aug 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EDBL EPS forecast?
EDBL EPS forecast for the fiscal quarter 2025 (Q2) is -0.74.
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