Record-Breaking Sales Volume and Net Sales
The company reported its largest quarterly sales volume and highest net sales in its history for the second quarter. Sales volume increased across all distribution channels, with a notable 28% increase in bar sales volume compared to the prior-year quarter.
Successful Relocation and Expansion
The company successfully moved its warehouse distribution in Elgin to a new facility in Huntley, Illinois. This move frees up 300,000 square feet in Elgin for expanding production capabilities over the next 18 months.
Sales Volume and Distribution Channel Growth
Net sales increased by 3.4% to $301.1 million, with a 7.1% increase in sales volume. Consumer distribution channel sales volume rose by 2.9%, and branded product sales volume increased by 3.4%.
Private Label Bar and Fisher Recipe Nut Growth
Private label bar shipments increased by 28%, and Fisher recipe nut sales volume rose by 3.8%, performing better than the category during the holiday season.