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The Real Good Food Company, Inc. - $RGF STOCK NEWS

Welcome to our dedicated page for The Real Good Food Company news (Ticker: $RGF), a resource for investors and traders seeking the latest updates and insights on The Real Good Food Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Real Good Food Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Real Good Food Company's position in the market.

Rhea-AI Summary

The Real Good Food Company, Inc. (NASDAQ: RGF) appointed new senior executives to lead finance, procurement, supply chain, and business management. Jim Behling as CFO, John Bissett as Senior VP of Finance; Duane Diez as Senior VP of Procurement & Supply Chain; and Joe Laws as VP of Business Management. Channel retail sales data show a 110% increase in consumption of RGF products. The company extended its credit agreement and invested in expanding production capacity.

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End-of-Day
26.33%
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management
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Rhea-AI Summary
The Real Good Food Company, Inc. (NASDAQ: RGF) received notifications from Nasdaq regarding minimum bid price requirements and delayed filing of its Annual Report. The company has 180 days to meet the minimum bid price requirement or face delisting. It also has 60 days to submit a plan to regain compliance with the delayed Annual Report filing.
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-10.39%
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Rhea-AI Summary
Real Good Food Company Appoints Tim Zimmer as CEO, Plans Supply Chain Optimization, Reports Increased Consumption, and Identifies Inventory Errors
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-6.07%
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management
Rhea-AI Summary
Real Good Food Company, Inc. will participate in the 36th Annual ROTH Investor Conference to engage with investors and analysts. The event will be held on March 18-19, 2024, in Dana Point, California.
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-0.07%
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Rhea-AI Summary
Real Good Food Company, Inc. (Nasdaq: RGF) expands internationally by launching refrigerated burritos in Canada. The low carb burritos offer more protein and fewer carbohydrates than leading brands, targeting health-conscious consumers. The company aims to make nutritious foods accessible globally, with plans for future product expansions in Canada.
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End-of-Day
-0.81%
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Rhea-AI Summary
Real Good Foods, Inc. (Nasdaq: RGF) announced the launch of its Low Sugar BBQ Pulled Pork and BBQ Pulled Chicken into Kroger stores nationwide. These products have more protein, no added sugar, and fewer carbohydrates than the leading BBQ Entrée brand in Retail Grocery stores today. The introduction of this new entrée platform reinforces the company's mission to make nutritious foods more accessible and help people live healthier lives.
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7.5%
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The Real Good Food Company, Inc. (Nasdaq: RGF) announced the expansion of its nutritious burritos into Club stores nationwide and select Walmart stores, with 37g of protein and only 13g of net carbs. The expansion highlights the company's ability to penetrate multiple categories within the Club Channel and meet the demand for nutritious handhelds in the US.
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End-of-Day
0.68%
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Rhea-AI Summary
Real Good Food Company, Inc. (NASDAQ: RGF) announced a definitive debt refinancing agreement with PMC Financial Services Group, LLC, expected to enhance liquidity by up to $15 million. The agreement includes a new $45.0 million second lien loan agreement, paying down $20 million of existing term loans and a portion of the existing revolving credit facility, increasing capacity under the revolving credit facility to $70 million. The new second lien loan will mature December 31, 2025, carrying a 9% payment-in-kind interest and 9% cash interest, with PMC being issued penny warrants for a 5% equity interest in the Company. The equipment loan terms were also amended to be interest only until May 31, 2024. The debt refinancing, combined with net proceeds from a recent equity offering, significantly strengthens the balance sheet and reduces cash debt service by approximately $6.0 million annually, providing the Company with the liquidity needed to execute its plan.
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Rhea-AI Sentiment
End-of-Day
-10.11%
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Rhea-AI Summary
The Real Good Food Company, Inc. (NASDAQ: RGF) reported a 48% year-over-year increase in net sales to $55.6 million for the third quarter of 2023. The company also expects net sales to reach $185 million to $192 million for the full year, with long-term expectations of reaching $500 million in net sales. Adjusted EBITDA is expected to be in the low-to-mid single-digit millions range for 2023.
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Rhea-AI Sentiment
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5.92%
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Rhea-AI Summary
Real Good Food Company Inc. (Nasdaq: RGF) will release its financial results for Q3 2023 on November 10, 2023. The company is a leading health and wellness frozen and refrigerated food company. An investor conference call will be held to discuss the results and provide a corporate update.
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The Real Good Food Company, Inc.

Nasdaq:RGF

RGF Rankings

RGF Stock Data

10.47M
15.92M
1.84%
69.72%
1.07%
Dog and Cat Food Manufacturing
Manufacturing
Link
United States of America
CHERRY HILL

About RGF

as part of the clean eating movement, real good foods makes real food you feel good about eating; always from real food, high in protein, with almost no sugar or carbs. after rolling out their first platform, real good (frozen) pizzas into d2c and 2,000 specialty nutrition stores, rgf launched into the retail pizza category in 2017 and will be at approx. 70% acv by august 2018 without using 3rd party distribution. real good foods has since extended into adjacent categories with frozen snack and ethnic frozen meal platforms. the company is driving new users to these categories and growing sales for retailers due to their massive and engaged social footprint, with over 300,000 followers in less than 18 months. follow on fb, ig or twitter @realgoodfoods or learn more at www.realgoodfoods.com. pr / media related please contact aj@realgoodfoods.com