Else Nutrition H Stock Price, News & Analysis

Else Nutrition Holdings Inc. announced positive progress in its 2020 fiscal year, launching its first Plant-Based Complete Nutrition for Toddlers product on August 12. The company established commercial production and partnered with KeHE Distributors, reaching 30,000 retail stores. Q4 2020 saw revenues of C$598K, with total annual revenues at C$1.48M. Operating losses increased to C$3.44M in Q4, totaling C$14.03M for the year. Despite challenges from COVID-19, Else reported strong online sales growth and an expanding retail footprint.

Else Nutrition Holdings Inc. (TSXV: BABY, OTCQX: BABYF) has launched its Plant-Based Complete Nutrition for Toddlers in various retail and online platforms, including Sprouts Farmers Market and Amazon. Initial sales show encouraging growth, with online sales expected to double every 3-4 months. Else is expanding its distribution with major natural food distributors and plans to introduce new product lines for children and infants throughout 2021. The company emphasizes strong market acceptance and positive customer feedback.

Else Nutrition Holdings Inc. announces the expansion of its Plant-Based Complete Nutrition for Toddlers into 159 Natural Grocers by Vitamin Cottage locations across 20 states starting May 2021. Esteemed for its sustainable and organic nutrition focus, the collaboration aligns both brands' missions. Else’s product, a non-soy, plant-based formula, has gained recognition, being the top seller in its category on Amazon. Led by experienced executives from renowned nutrition companies, Else aims to bring clean label solutions to families.

Else Nutrition Holdings Inc. has announced the appointment of two esteemed experts, Prof. Hania Szajewska and Dr. Carina Venter, to its Scientific Advisory Board. Prof. Szajewska will oversee clinical studies in Europe, while Dr. Venter will lead hypoallergenicity studies in the U.S. Their expertise is expected to enhance the company's efforts in commercializing clean label, plant-based infant nutrition. CEO Hamutal Yitzhak emphasized the significant impact these appointments will have on the company’s growth in the U.S. and European markets.

Else Nutrition Holdings Inc. (TSXV:BABY, OTCQX:BABYF) announced the issuance of 37,632 common shares to Agora Internet Relations Corp. for online advertising services valued at $67,800. The shares were issued in five installments based on market prices, with amounts ranging from $0.80 to $4.13 per share. This issuance is in accordance with National Instrument 45-106's prospectus exemption and awaits final acceptance from the TSX Venture Exchange. Else Nutrition focuses on innovative, plant-based nutrition products for various age groups, making strides in the infant nutrition market.

Else Nutrition Holdings Inc. (TSXV: BABY, OTCQX: BABYF) has announced its upcoming rollout in the Northeast, specifically through Big Y World Class Markets in Springfield, Massachusetts. Starting mid-April 2021, the company's Plant-Based Nutrition for Toddlers will be available in all 71 Big Y grocery stores. CEO Hamutal Yitzhak emphasized the significance of this launch for the brand's growth, targeting health-conscious consumers in New England.

Else Nutrition Holdings Inc. has signed a significant distribution agreement with Imperial Distributors, expanding its reach by over 4,200 retail locations across the U.S. and Bermuda. This partnership aims to strengthen Else's market presence in key regions, particularly in New England and beyond, starting with Big Y in April 2021. As a leader in distribution, Imperial Distributors will facilitate the delivery of Else's plant-based nutrition products, targeting the growing demand for alternatives to traditional baby formulas.

Else Nutrition Holdings will present at the Lytham Partners Spring 2021 Investor Conference on March 31, 2021, at 8:00 a.m. ET. The presentation will focus on the company's innovative, plant-based nutrition products for children. A live webcast will be available on their website and archived for later viewing. Management will also hold virtual one-on-one meetings from March 30 to April 1, 2021. Else Nutrition is publicly traded under the ticker BABYF and is known for its award-winning products, including the top-selling toddler formula on Amazon.

Else Nutrition Holdings Inc. (TSXV: BABYF) announced the launch of its Plant-Based Complete Nutrition for Toddlers in over 100 Raley's, Bel Air Markets, and Nob Hill Foods locations across Northern California and Nevada starting in April 2021. CEO Hamutal Yitzhak emphasized that this expansion signifies significant distribution growth and aligns with the Company’s mission of providing better nutrition solutions. Else, known for its clean, plant-based formula, has previously achieved recognition as a top seller on Amazon in the toddler nutrition category.