Welcome to our dedicated news page for Upexi (Ticker: UPXI), a resource for investors and traders seeking the latest updates and insights on Upexi .
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 Upexi '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 Upexi 's position in the market.
Rhea-AI Summary
Upexi, Inc. (NASDAQ:UPXI) announces the launch of its Tytan™ tile kit line in BJ's Wholesale Club stores, featuring two Disney character tile kits - Disney Frozen and Disney JR Mickey Mouse. This move marks the company's expansion into retail and partnership with Disney to offer educational toy products to children.
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End-of-Day
-2.02%
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Upexi, Inc. (UPXI) announces the availability of its Disney Frozen Tile Kit line in TJ Maxx stores, following a successful launch on Amazon and Walmart.com. The CEO, Allan Marshall, highlights plans for new Disney product launches and expansion into big box retail locations in 2024.
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End-of-Day
2.13%
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Upexi, Inc. reported its fiscal second quarter 2024 financial results, showcasing a focus on optimizing operations, higher margin Brand Products, and positive Adjusted EBITDA. Despite a sequential revenue decrease, gross profit margins increased to 38%. The company invested in Brand Products, leading to a 16.7% revenue growth. Upexi aims to enhance margins further through operational consolidation. Financial highlights include $21.8 million in revenue, $7.7 million in Branded Product revenue, and a Gross Profit Margin of 38%. However, GAAP Net loss was $2.4 million, Adjusted EBITDA decreased, and the company ended with $1.8 million in cash.
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-29.71%
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Upexi Inc. (UPXI) to host a conference call to discuss fiscal 2024 second quarter financial results and provide a business update on February 14, 2024.
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Upexi Inc. (NASDAQ:UPXI) announced that its flagship brand, Tytan Toys, has expanded into Pricesmart, a leading retailer in Latin America and the Caribbean. This strategic move signifies a significant milestone for Tytan Toys as it focuses on global expansion and solidifying its position in the international market. Pricesmart's extensive reach provides an ideal platform for Tytan Toys to showcase its innovative and high-quality products to a wider audience, aiming to captivate the hearts and minds of children and parents across the region.
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-4.69%
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Upexi Inc. (NASDAQ:UPXI) to participate at iAccess Alpha 2024 Buyside Best Ideas Summit, CEO to present and host one-on-one meetings. Event to be held virtually on January 9-10, 2024.
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Upexi Inc. (UPXI) announces that its children's toy brand, Tytan Tiles, has achieved record sales on Amazon, becoming the #1 New Release for Preschool Building sets. Additionally, Tytan Tiles has launched its licensed Disney Frozen product on Walmart.com. Since its launch on October 17th, 2023, the Disney Frozen Kit has risen to #1 for Amazon's New Releases in Preschool Building Sets and #3 top seller in Magnetic Building Sets. The exclusive Disney Frozen set also launched on Walmart.com on November 27th in a Cyber Monday deal. Nick Romano, President of Tytan Tiles, expressed optimism for continued progress through the remainder of the year and into 2024.
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-8.34%
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Upexi, Inc. (NASDAQ:UPXI)
Upexi, a multi-faceted Amazon and Direct to Consumer brand owner, reported a 144% year-over-year revenue growth, reaching $27.3 million in the fiscal first quarter 2024. The company's cost-cutting measures led to a material decrease in operating expenses. Adjusted EBITDA improved by approximately $1.28 million year-over-year. However, the net loss attributable to Upexi, Inc. shareholders was $1.35 million. The company's operational highlights include the launch of the Disney Frozen product line, expansion of the Lucky Tail product line, and revenue increase by approximately $1.5 million for Cygnet Online. Upexi's strategy focuses on organic brand growth and expansion into international markets.
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-4%
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Upexi Inc. (NASDAQ:UPXI) announces impressive preliminary financial results for the fiscal 2024 first quarter, including a 136% year-over-year revenue increase and a 53.2% sequential increase. The company also expects adjusted EBITDA of approximately $700,000, signifying a $1.2 million improvement year-over-year. Management has rescheduled its conference call for Monday, November 20, 2023, to discuss these results and provide a business update.
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-3.92%
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Upexi Inc. (NASDAQ:PXI) will host a conference call on November 14, 2023, at 4:30 p.m. ET to discuss its financial results for the first quarter of fiscal 2024 and provide a business update. The call can be accessed via phone or webcast, and a replay will be available until November 28, 2023.
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Rhea-AI Sentiment
End-of-Day
8.97%
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Upexi, Inc.
Nasdaq:UPXI
UPXI Rankings
UPXI Stock Data
10.44M
14.03M
27.81%
5.67%
0.42%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
United States of America
TAMPA
About UPXI
we are a passionate group of hemp and health enthusiasts who believe in a better life for all. our goal is to transform the landscape of how hemp and vitamins are produced, bought, and sold, with each of our brands curated for individual consumer needs. within the hemp space, we offer tinctures and gummies featuring an array of cannabinoids, from cbd, cbn, cbg and more. each designed to help consumers support their specific health needs. in the vitamin/nutraceutical space, we formulate products with specific ingredients designed to help support weight management, pain relief, stress relief, anti-inflammatory, and overall health and wellness. all products are manufactured, produced, and fulfilled in house at a state of the art facility that allows us to guarantee the highest standard of quality. this same facility has made us a leader in wholesale and private label distribution for clients across multiple industries. we stand by our products which is why we offer our customers free