Record Revenue Growth
Net sales grew 10.1% to $44.5 million in the second quarter, exceeding expectations and marking the first profitable quarter since IPO.
Strategic Initiatives Yielding Results
Productivity initiatives have yielded $15 million in annualized savings with an additional $5 million identified, totaling $20 million.
Expansion in Distribution
Surpassed historical peak distribution levels at retail and achieved positive performance in key accounts like Walmart and Costco.
Strong Marketing Impact
National campaign 'Get the Fake Outta Here' delivered record impressions, contributing to double-digit growth.
Improved Gross Margin
Gross margin increased by 680 basis points to 48.7%, reflecting lower product costs and improved inventory management.
Positive Response to New Flavors
New flavors like Strawberry Lemon Burst and Orange Creamsicle are top performers, contributing to the product innovation pillar.