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Naples Soap Company, Inc. (NASDAQ: NASO) reported record revenues with a 21% year-over-year growth during the prime tourist season from November 2023 to March 2024. The company saw increases in gross and net profits, driven by new products that led to higher transaction-per-customer and reduced operating expenses.
Naples Soap Company, Inc. (OTCQB: NASO) is set to launch Grow Beautii, a new sensitive skincare line targeting the $41 billion global market. The line includes mild cleaners and soothing moisturizers with natural ingredients. The company aims to expand its wholesale business into major retailers and cater to the under-served sensitive skin consumer segment. The launch is expected to boost the company's national reach and growth momentum.
