Sequential Growth in Core Nutritional Business
Net sales of $204 million in Q1 2026, representing a 7% sequential increase driven by active customer growth, notably in China following Lunar New Year customer acquisition activity.
Strong Rise Wellness Momentum
Rise Wellness delivered $14 million in Q1, more than eight times prior-year Q1 and a 143% sequential increase, driven by the national launch of Protein Pop Plus at Costco and ongoing retail placements (Target, ~500 Walmart stores).
HYA Traction and International Expansion
HYA generated $32 million in Q1 with 186,000 active monthly subscribers and modest sequential improvement from Q4; launched in Canada (Jan) and the UK (Mar) and expanded into brick-and-mortar retail with Target.
Reaffirmed 2026 Consolidated Guidance
Management reaffirmed full-year 2026 consolidated net sales guidance of $925 million to $1.0 billion and projects omni-channel brands to represent more than 20% of total net sales (up from 16% in 2025 and ~1% two years ago).
Operational and Margin Initiatives
Company implemented a new ERP, transitioned 3PLs, brought HYA manufacturing and packaging in-house, and expects incremental margin efficiencies beginning in 2026; modest, repurposed investments in technology modernization are included in guidance.
Robust R&D Pipeline and Product Development
Over 20 products are in development across segments with focused investment in women’s health, children’s health, gut health and active nutrition; launched upgraded active nutrition shakes in China with in-house filling equipment.
Inventory Sell-Through and Retail Execution
Costco reorders are occurring weekly indicating sell-through of initial inventory; the company is executing on rapid retailer rollouts and has agreements with nine additional major U.S. retailers for Protein Pop expansion.