North American Sales Growth
Comparable sales for North America increased by 7.4% for the fifth consecutive quarter, demonstrating strong performance amid macroeconomic challenges.
Private Label Expansion
Private label sales increased to 30% of total sales in Q1 2025, up from 28% in 2024, showcasing successful expansion and consumer acceptance.
Strong Financial Position
The company maintained a strong balance sheet with over $101 million in cash and current marketable securities and no debt.
New Brand Launch Success
Over 120 new brands were successfully launched in 2024, contributing to sales growth and reflecting the effectiveness of the curation strategy.
Share Buyback Program
1.8 million shares were repurchased in Q1 2025, accounting for 9.4% of the company, with a new $15 million buyback plan authorized.