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Where Food Comes From Inc - WFCF STOCK NEWS

Welcome to our dedicated news page for Where Food Comes From (Ticker: WFCF), a resource for investors and traders seeking the latest updates and insights on Where Food Comes From.

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 Where Food Comes From'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 Where Food Comes From's position in the market.

News
Demand Soaring for Upcycled Certified® Food Products as America Celebrates 54th Earth Day Anniversary
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) reports a surge in demand for its Upcycled Certified® Program as environmentally-conscious consumers turn to sustainably-produced upcycled snacks, beverages, and pet foods. The program, acquired in December 2023, has seen a 110% increase in certified products, with approximately 100 companies and 531 products now certified. Upcycled products are responsible for diverting over 1.25 million tons of food waste annually, with the top three certified categories being snack foods, pet foods, and beverages. The program, active in 14 countries, is a significant step towards reducing food waste and promoting sustainability in the food industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
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Where Food Comes From, Inc. Reports 2023 Fourth Quarter and Full Year Financial Results
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) reports strong financial results for Q4 and full-year 2023, with verification and certification revenue up 17% and net income increasing by 58%. Despite challenges like inflation and herd contraction, the company shows growth in revenue and profit. Strategic partnerships and acquisitions aim to enhance customer value and expand service offerings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.91%
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earnings
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Where Food Comes From, Inc. Schedules 2023 Year End Earnings Call
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) will release its 2023 full year financial results on February 15, 2024, followed by a conference call. The company specializes in independent verification of food production practices in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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earnings
News
Where Food Comes From, Inc. Acquires Upcycled Certified® Program as Reducing Food Waste Through Upcycling Becomes Fastest Growing Consumer Trend
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF) has acquired the Upcycled Certified® Program from the Upcycled Food Association. The program is the world's first and largest provider of certification for upcycled food, with 93 companies and over 480 products certified. Upcycled products have diverted an average of 390,000 tons of food waste annually. The acquisition comes at a time when upcycling is gaining in relevance and popularity, with 51% of consumers more likely to buy an Upcycled Certified product. The acquisition enables Where Food Comes From to meet growing consumer demand for products containing upcycled food ingredients, and aims to make Upcycled Certified a ubiquitous standard and a meaningful component of the company's overall revenue mix.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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acquisition
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News
Where Food Comes From, Inc. Reports 2023 Third Quarter Financial Results
Rhea-AI Summary
WFCF - Where Food Comes From, Inc. (Nasdaq: WFCF) Reports Increase in Core Verification and Certification Revenue Despite Overall Revenue Decrease - Q3 and Nine-Month Highlights, Financial Results, and Stock Buybacks
Rhea-AI Impact
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End-of-Day
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earnings
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Where Food Comes From, Inc. Schedules Third Quarter Earnings Call
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) will release its 2023 third quarter financial results on November 9, 2023. The company is a trusted resource for independent, third-party verification of food production practices in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
earnings
News
Smart Catch™ Program Joins Where Food Comes From, Expanding its Commitment to Sustainability
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) has acquired ownership of the Smart Catch™ program, dedicated to promoting sustainability of seafood on restaurant menus. The program will broaden its scope to include all members of the supply chain while maintaining its values and principles. Smart Catch will continue to assist chefs and restaurants in making responsible menu choices and aims to create a more accessible and eco-conscious culinary landscape.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
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Where Food Comes From, Inc. Reports 2023 Second Quarter Financial Results
Rhea-AI Summary
Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF) reported a 15% revenue increase to $6.1 million in Q2 2023 compared to $5.3 million in Q2 2022. Net income surged 140% to $532,000 from $222,000, and adjusted EBITDA rose 61% to $917,000 from $570,000. The company also bought back $836,000 of its stock in Q2. However, revenue for the first six months of 2023 decreased by 1% to $11.4 million from $11.5 million in 2022 due to anomalous Q1 events. Cash and cash equivalents also decreased to $3.4 million from $4.4 million at 2022 year-end, reflecting the impact of stock buybacks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
earnings
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Where Food Comes From, Inc. Schedules Second Quarter Earnings Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
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earnings
News
Where Food Comes From, Inc. Named Exclusive Third-Party Verifier for Bee Friendly Farming® Certification with Silk Canada and KIND Snacks the Initial Brands to Participate in the Program
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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conferences
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Where Food Comes From Inc

Nasdaq:WFCF

WFCF Rankings

#4556 Ranked by Market Cap
#829 Ranked by Stock Gains
N/A Ranked by Dividends

WFCF Stock Data

62.66M
2.18M
48.16%
19.59%
0.25%
Software Publishers
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United States
Castle Rock

About WFCF

where food comes from, inc., is an independent, third-party food verification company. to put it simply: we are the ultimate food nerds! we care about food, how it’s grown and raised, the quality of what we eat, what farmers and ranchers do, and authentically telling that story to you. we visit farms and ranches and look at their plants, animals, and records, and compare all of the information we collect to specific standards or claims they want to make about how they are producing food. we strive each and every day to ensure that everyone involved in the food business—from growers and farmers to retailers and shoppers—can count on where food comes from, inc., to provide authentic and transparent information about the food we eat and how, where, and by whom it is produced. learn more at www.wherefoodcomesfrom.com. our verification divisions are: a bee organic - www.abeeorganic.com imi global - www.imiglobal.com international certification services, inc. (ics) - www.ics-intl.com validus