Welcome to our dedicated page for Real Good Food Company news (Ticker: RGF), a resource for investors and traders seeking the latest updates and insights on Real Good Food Company stock.
The Real Good Food Company, Inc. (RGF) generates news as a health and wellness frozen and refrigerated foods company focused on low-sugar, low-carbohydrate and high-protein products. Company updates often highlight its mission to provide “Real Food You Feel Good About Eating” across breakfast, lunch, dinner and snack occasions, and its distribution in thousands of retail stores with additional direct-to-consumer options.
News about Real Good Foods includes corporate and capital markets developments. The company has issued multiple announcements related to its Nasdaq listing status, including notices of delinquent SEC filings, potential delisting, and Nasdaq’s determination to delist its common stock. It has also reported on a board-approved reverse stock split aimed at addressing Nasdaq’s minimum bid price requirement, as well as its intention to voluntarily delist from Nasdaq and deregister with the SEC, which would end its obligation to file periodic reports such as Forms 10-K, 10-Q and 8-K.
Operational and strategic updates also appear in the company’s news flow. These have included product launches in the frozen aisle, such as new seasoned chicken breast items in national retail chains, and financing transactions intended to provide liquidity and support expansion of manufacturing capabilities and other corporate initiatives. Investors and observers can use this news stream to follow changes in RGF’s trading venue, regulatory status, capital structure and product distribution.
This page aggregates press releases and other coverage related to The Real Good Food Company, allowing readers to review both historical and ongoing developments affecting the company’s business, its stock, and its position within the health and wellness frozen and refrigerated foods segment.
The Real Good Food Company (Nasdaq: RGF) reported strong sales growth for its health-focused frozen food products, with recent SPINS data showing a remarkable 73% increase in brand growth over four weeks ending February 20, 2022. The overall frozen food category grew 4.2%, while the Health & Wellness subcategory expanded by 9.1%. Core products saw incredible growth of 192%, with brand velocities increasing by 118%. This data captures approximately 50% of the company’s sales, emphasizing its position in the market.
The Real Good Food Company (Nasdaq: RGF) raised its 2022 outlook following strong financial results for Q4 and the full year ended December 31, 2021. Q4 net sales surged by 129% to $25.6 million, primarily due to increased demand for core products. The company anticipates net sales between $140 million and $150 million for 2022, reflecting a growth of 67% to 79%. However, adjusted EBITDA is expected to show a loss between $4 million and $11 million. The forthcoming Bolingbrook facility is expected to enhance production capabilities and efficiency.
The Real Good Food Company (Nasdaq: RGF) will announce its fourth-quarter and full-year results on March 11, 2022, before market open. A conference call is set for the same day at 8:30 a.m. ET, where the executive management team will discuss the results. U.S. listeners can join by calling (877) 451-6152, with international listeners dialing (201) 389-0879. A replay will be available after the call until March 25, 2022. The call will also be accessible via a live webcast on their website, which will be archived for 30 days.
The Real Good Food Company (Nasdaq: RGF) announced the launch of its new Stuffed Chicken Bites at Kroger stores nationwide. Available in Three Cheese and Cheesy Taco flavors, these products are gluten-free, grain-free, and contain only 3g net carbs and 25g protein per serving. This expansion into 1,500 Kroger locations enhances the company's partnership and aims to provide healthier frozen food options to consumers. Real Good Foods is committed to accessibility and improved nutrition, targeting health-conscious shoppers.
Real Good Foods (Nasdaq: RGF) reported robust sales growth in its recent SPINS performance data ending January 23, 2022. Notably, the frozen food category grew 5.6%, while the Health & Wellness segment rose 11.5%. Real Good Foods' overall brand sales surged by 63%, with core product sales (Entrée and Breakfast items) increasing by an impressive 162%. Furthermore, upward revisions indicated a growth of 69% in the four-week period and 44% in the twelve-week period compared to the previous year. The company aims to provide nutritious comfort foods across various dining occasions.
The Real Good Food Company (Nasdaq: RGF) announced the expansion of its best-selling Grande Chicken Enchiladas to all Costco regions starting January 22, 2022. The enchiladas are made 100% grain-free, containing only 2g net carbs and 20g protein per serving. Bryan Freeman, Executive Chairman, emphasized the enhanced partnership with Costco that facilitates greater access to nutritious food options across the U.S., aiming to improve consumer health through better dietary choices.
The Real Good Food Company (Nasdaq: RGF) reported significant growth in its recent SPINS retail scanner data for the period ending December 26, 2021. Overall, the frozen food category grew by 6.2%, while the health and wellness frozen food subcategory increased by 8.5%. Real Good Foods outpaced these trends with a remarkable 56% growth, bolstered by a 143% surge in its core products. The Company credits this acceleration to rising consumer demand for nutritious comfort foods, enhancing its distribution potential.
The Real Good Food Company (Nasdaq: RGF) announced its management will present at the 2022 ICR Conference on January 11, 2022, starting at 3:00 p.m. ET. The presentation will be accessible via webcast on the Company's website and archived until February 8, 2022. Founded in 2016, Real Good Foods focuses on health-conscious frozen meals that are low in carbohydrates and high in protein. Their products are available in over 16,000 stores nationwide, including major retailers like Walmart and Costco.
The Real Good Food Company (Nasdaq: RGF) announced a partnership with Sam's Club to launch a new flavor of its Bacon Wrapped Stuffed Chicken Breast—Creamy Spinach & Artichoke. This entrée is grain-free, low in carbohydrates, and high in protein, catering to health-conscious consumers. Available at Sam's Club stores nationwide, this collaboration aims to improve access to nutritious frozen meals for shoppers. Founded in 2016, Real Good Foods focuses on providing craveable, nutritious comfort foods while promoting healthier lifestyles.
The Real Good Food Company (Nasdaq: RGF) reported significant sales growth in its latest press release, with a remarkable 38% increase in product sales for the four weeks ending November 28, 2021. This outperformed the overall frozen food category growth of 7.1% and the health-focused subcategory at 12.6%. Core products, including entrées and breakfast items, saw a substantial 109% increase. The company also expanded its retail presence, including partnerships with Walmart and Kroger. These developments highlight a positive trend in consumer demand and the effectiveness of Real Good Foods' branding.