Welcome to our dedicated page for Starco Brands news (Ticker: STCB), a resource for investors and traders seeking the latest updates and insights on Starco Brands stock.
Starco Brands, Inc. (OTCQB: STCB) is a public holding company that invents and acquires consumer brands such as Whipshots, Art of Sport, Winona, Skylar, and Soylent. The STCB news page on Stock Titan aggregates the company’s press releases and third-party coverage so readers can follow developments across this portfolio in one place.
Recent Starco Brands news has focused on financial results, brand launches, and strategic initiatives. The company regularly reports quarterly and annual performance, including net revenue, gross profit, operating expenses, and Adjusted EBITDA, along with segment updates for its Starco Brands, Skylar, and Soylent divisions. Management commentary often highlights portfolio optimization, cost reductions, and changes in channel mix, such as Soylent’s shift toward higher-margin direct-to-consumer and e-commerce sales.
Brand-level announcements feature new product introductions and marketing programs. Examples include Whipshots’ Cardi Gras campaign with a limited-time King Cake flavor and partnerships with Malibu and Fat Tuesday, Art of Sport’s title sponsorship of the LA Bowl Hosted by Rob Gronkowski, and Skylar’s launches of fragrances like Nude Skin and Double Dates, as well as the appointment of Leah Kateb as Chief Creative Officer and "Refounder." These stories illustrate how Starco Brands promotes its brands through events, collaborations, and retail distribution growth.
Strategic and corporate news includes updates on the proposed acquisition of The Starco Group to create a vertically integrated consumer products platform, and information on financing arrangements and agreements with lenders. By checking this page, investors and observers can review Starco Brands’ latest earnings releases, brand campaigns, product rollouts, and transaction announcements related to STCB.
Art of Sport (AOS), a division of Starco Brands (STCB), has been announced as the title sponsor of the 2024 LA Bowl Hosted By Gronk. The college football event will take place at SoFi Stadium in Inglewood, CA on December 18th at 6 PM PT, featuring teams from the Mountain West and former Pac-12 conferences. The game will be broadcast on ESPN.
As title sponsor, AOS will introduce fan activations, exclusive merchandise, and product experiences throughout the event, aligning with their mission to provide athletes with premium performance-driven products. The partnership aims to enhance the fan experience while showcasing college football talent at the state-of-the-art venue.
Starco Brands (OTCQB: STCB) announces that its fragrance brand Skylar has won the People's Choice – Popular category at the inaugural Scentbird Digital Fragrance Awards for its scent 'Vanilla Sky'. The awards ceremony, held at New York City's Crosby Street Hotel, was live-streamed globally and featured industry experts including beauty directors from Town & Country and Elle.
The winning fragrance, Vanilla Sky, features notes of cappuccino, pure vanilla, and caramelized cedar. This recognition highlights Skylar's success in creating clean, hypoallergenic fragrances safe for sensitive skin, while maintaining luxury and sustainable practices.
Starco Brands (OTCQB: STCB) announced it will release its third quarter 2024 financial results on November 14, 2024, after market close. The company will host a conference call at 1:30 PM Pacific Time (4:30 PM Eastern Time) to discuss the results. U.S. investors can join by dialing (877) 407-0792, while international callers can use (201) 689-8263. A replay will be available until November 28, 2024. A live webcast will be accessible through the company's investor relations website and archived for 30 days.
Art of Sport (AOS), a division of Starco Brands (OTCQB: STCB), is launching its All-in-One Performance Protein Powder in Fred Meyer stores across the Pacific Northwest. This marks AOS's first entry into brick-and-mortar retail. The product offers a single-scoop solution with 30g of complete protein, essential multi-vitamins and minerals, and a proprietary nutrient blend for muscle health, performance, and recovery.
In independent taste tests, the powder was preferred 10:1 over leading competitors. The product will be available in Fred Meyer stores starting October 2024, as well as online at FredMeyer.com. This launch is part of AOS's expansion into the nutrition category, with more products planned for the future.
Starco Brands (OTCQB: STCB) has announced the launch of a new Garlic Butter flavor for its Winona® Popcorn Spray line. This innovative product aims to enhance the popcorn experience with a rich, savory taste and appealing aroma. Winona Popcorn Spray has disrupted the market by solving the issue of dry seasoning settling at the bottom of the bowl, ensuring even flavor distribution on every kernel.
The new Garlic Butter spray, like the original Butter Flavor, is extremely low calorie, non-GMO, gluten-free, and dairy-free. It's crafted with high-quality, natural ingredients and is powered by air. The product is currently available at Walmart, Hyvee, and Meijer, with plans for broader distribution later in 2024 and into 2025.
Starco Brands (OTCQB: STCB) has announced that its nutrition company, Soylent, is launching two new -time seasonal flavors: Pumpkin Spice and Gingerbread. These flavors will be available through the end of the year. In conjunction with this launch, Soylent is partnering with Feeding America member food banks for a Buy One, Give One initiative during September's Hunger Action Month. For every bottle of Soylent purchased, one meal will be donated to those in need.
This initiative builds upon Soylent's #SoylentforGood program, which has already donated over 6 million meals. The company aims to make complete, sustainable nutrition accessible, appealing, and affordable while combating food insecurity in communities.
Soylent, owned by Starco Brands (OTCQB: STCB), has achieved the highest repurchase rate in the adult nutrition category at 62.9%, surpassing competitors like Boost (61.9%) and Ensure (48.2%). This milestone follows Soylent's 2023 recognition as the 'Best Meal Replacement Shake' based on nutrition and taste ratings from over 40,000 consumers.
Soylent's success is attributed to its science-backed nutritional profile and focus on delicious flavors. The brand's innovative approach combines cutting-edge research with appealing tastes, attracting a diverse consumer base. Strategic partnerships with major retailers like Walmart, Kroger, and Publix have expanded Soylent's accessibility nationwide.
Starco Brands (OTCQB:STCB) has announced a collaboration between Whipshots, its vodka-infused whipped cream brand co-founded by Cardi B, and DoorDash to deliver the new -edition Pumpkin Spice Whipshots flavor. From August 22nd to 29th, customers ordering Pumpkin Spice Whipshots via DoorDash will receive a $5 coffee credit, enabling them to create their own Pumpkin Spiked Lattes at home.
Whipshots, containing 10% Alc./Vol, doesn't require refrigeration and aims to bring versatility to the spirits category. The partnership with DoorDash allows for delivery of Whipshots and coffee in as little as 40 minutes, offering consumers a convenient way to enjoy this fall-themed alcoholic treat.
Starco Brands (OTCQB: STCB) has announced board approval for an Insider Trading Policy and stock buy-back plan. The company, which owns five growing brands including Whipshots, Winona Pure, Art of Sport, Skylar Beauty, and Soylent, reported Q2 2024 net revenue of $15.6 million with margins increasing to 37%. CEO Ross Sklar highlighted the company's progress in expanding product lines and distribution points, projecting national retail expansion and growth for late 2024 and 2025.
Sklar expressed his intention to purchase company stock, citing unique products, defensive moats, and scaling distribution as reasons for the company's success. He also noted that the enterprise value of individual brands may exceed the company's entire market cap, which is currently less than one times revenue. Following the earnings release, STCB experienced record trading volume on August 14th.
Starco Brands (OTCQB: STCB) reported Q2 2024 results with net revenue of $15.6 million and margins of 37%. The company focused on integrating acquisitions, finding efficiencies, and expanding distribution. Key highlights include:
- Whipshots® expanded to 46 states, secured 1,257 Kroger points of distribution, and landed Costco and Dave & Buster's deals.
- Skylar grew within Sephora, entered Anthropologie, and launched on Costco.com.
- Soylent launched Complete Protein Powder and achieved the highest repurchase rate in the adult nutrition category.
- Winona Popcorn Spray expanded retail distribution and plans to launch new flavors.
The company expects top-line growth in H2 2024 and substantial growth in 2025-2026.
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