Distribution Sales Growth
Distribution sales grew by 1.5%, contributing to a market share gain of 6.8% year-over-year, increasing market share to 11.1% from 10.3%.
Renewal of Major Institutional Contract
Colabor renewed a 2-year agreement with an institutional customer, representing approximately 11% of expected revenues for fiscal year 2024.
Cash Flow from Operations
Cash flow from operating activities increased to $9.9 million in the third quarter, up from $8 million in the equivalent quarter of last year.