Else Nutrition H Stock Price, News & Analysis

Else Nutrition Holdings Inc. has announced a virtual investors conference due to ongoing COVID-19 restrictions initially set for October 4, 2021. The postponement will allow for a presentation of exciting company developments in November 2021, with details to follow. CEO Hamutal Yitzhak expressed disappointment over the restrictions but remains optimistic about the company's progress. Else Nutrition, specializing in plant-based nutrition for infants and children, has gained recognition with its products, including a leading toddler formula on Amazon.

Else Nutrition Holdings Inc. (BABYF) will present live at the Life Sciences Investor Forum on September 16, 2021, at 9:30 AM ET. The event will allow investors to engage with the company in real-time. Recent highlights include the launch of Complete Nutrition for Kids, a 40% increase in online sales, and a retail presence in over 1,000 stores. Quarterly revenues reached $1.1 million, up 430% from the previous year, though the company reported a net loss of $4.75 million. Investors are encouraged to pre-register for the event and can access an archived webcast afterward.

Else Nutrition Holdings Inc. (BABYF) launched a new Health Care Professional (HCP) website in the U.S. to facilitate connections with healthcare professionals about their plant-based nutrition products for infants and toddlers. With 89% of parents seeking pediatrician recommendations, the site provides access to resources, product samples, and direct contact options for over 80,000 pediatricians and other healthcare providers. Else Nutrition aims to support clinicians in confidently recommending their organic, dairy-free, and non-GMO products.

Else Nutrition Holdings Inc. (BABYF) is expanding its reach in Massachusetts by partnering with Roche Bros. to offer its Plant-Based Complete Nutrition for Toddlers.
This move enhances the company's strategic presence in the Northeast, catering to health-conscious consumers. Roche Bros., operating 21 markets, aligns with Else's mission of providing innovative plant-based nutrition.
The company's formula is recognized as a top seller on Amazon, showcasing its growing popularity.

Else Nutrition Holdings Inc. (BABYF) has been awarded Good Housekeeping’s Parenting Award for 2021 for its Plant-Based Complete Nutrition for Toddlers. This accolade was achieved after a thorough evaluation by a panel of scientists, editors, and parents who reviewed numerous products for families. The award highlights the company's commitment to providing clean, whole food-based nutrition for toddlers, particularly advantageous for those avoiding dairy or soy. Else’s product is recognized as a great option for families preferring a plant-based lifestyle.

Else Nutrition Holdings Inc. (BABYF) announced significant advancements in its Q2 2021 results, achieving a remarkable 430% increase in revenues to C$1,114 thousand from C$210 thousand in Q2 2020. The company launched its second product line and expanded its retail presence to more than 1,000 US stores, with products already available in 700. Despite the growth, the operating loss increased to C$3,772 thousand, impacting net loss to C$4,753 thousand. The company continues to face challenges related to COVID-19 affecting supply chains and operations.

Else Nutrition Holdings Inc. announces plans to expand its reach by introducing its plant-based toddler nutrition products on Walmart.com by Q4 2021. This online distribution agreement marks a significant milestone for the company, as it aims to connect with thousands of new families. Walmart's e-commerce sales are projected to exceed $64 billion in 2021, enhancing Else’s potential for growth. Additionally, Else's toddler formula is recognized as a top seller on Amazon, positioning the company favorably within a growing market.

Else Nutrition Holdings Inc. (BABYF) is expanding its distribution into owned online marketplaces by Q4 2021, enhancing accessibility for its plant-based nutrition products for toddlers. The company will launch its products on Kroger's e-commerce platforms, including Kroger.com and Vitacost.com, following a significant surge in online grocery sales, with Kroger reporting a 79% increase in e-commerce sales in 2020. This strategic move aims to tap into Kroger's extensive online presence and customer base, benefiting families across the nation.