Welcome to our dedicated page for Where Food Comes From news (Ticker: WFCF), a resource for investors and traders seeking the latest updates and insights on Where Food Comes From stock.
Where Food Comes From, Inc. (Nasdaq: WFCF) is a third-party food verification company that regularly issues news about its verification standards, certification programs and financial performance. As America’s trusted resource for third party verification of food production practices, the company uses proprietary technology and patented business processes to support thousands of producers, brands and retailers across the food supply chain.
News about WFCF often highlights developments in its certification portfolio, such as the CARE Certified sustainability standard, the Upcycled Certified® program for upcycled food ingredients, and RaiseWell® Certified, a standard for natural livestock production and cattle verification. Announcements may cover new program launches, collaborations with supply chain partners, and applications of its standards in areas like beef, dairy, eggs and sustainable leather.
Investors following WFCF news will also find regular earnings releases and conference call notices, where the company discusses trends in verification and certification revenue, product sales and professional services. These updates provide insight into how demand for verification services, sustainability certifications and upcycled food programs is affecting the business.
In addition, WFCF news can feature partnerships with retailers, foodservice operators and manufacturers that adopt its labeling and certification programs, as well as commentary from company leadership on market dynamics affecting beef herds, tariffs, and consumer interest in responsibly produced and traceable foods.
For anyone tracking WFCF stock or the evolution of third-party food verification, this news page offers a centralized view of the company’s program launches, financial updates and supply chain collaborations. Readers can use it to monitor how new standards, such as RaiseWell Certified and CARE Certified sustainable leather, are being implemented and how they contribute to the company’s overall strategy.
Where Food Comes From (NASDAQ: WFCF), North America's leading independent food production verification provider, has scheduled its 2025 second quarter earnings release and conference call. The company will release financial results on Thursday, August 7, 2025, before market opens, followed by a conference call at 10:00 a.m. Mountain Time (12:00 p.m. Eastern).
Investors can access the call using domestic toll-free number 1-877-407-8289 or international number 1-201-689-8341 with conference code 13755159. A replay will be available through August 21, 2025.
Where Food Comes From (WFCF), North America's leading food production verification provider, reported Q1 2025 financial results showing revenue decline to $5.3 million from $5.6 million year-over-year. The company's net income decreased to $31,000 ($0.01 per share) from $178,000 ($0.03 per share).
The decline was primarily attributed to challenges in their beef verification business, which represents about 50% of revenue. Key headwinds include smaller herd sizes, record-high beef prices, ceased beef exports to China due to tariffs, and disruptions in poultry and dairy verification due to avian influenza.
Despite challenges, WFCF maintained a stable gross margin of 41.6% and added two major food retailers to their labeling program. Their Upcycled Certified® program continues to be their fastest-growing verification standard. The company also continued its share buyback program, purchasing 31,345 shares for $383,000 in Q1.
Where Food Comes From (NASDAQ: WFCF), North America's leading third-party food production verification provider, has scheduled its 2025 first quarter earnings release for Thursday, May 8, 2025, before market opening. The company will host a conference call at 10:00 a.m. Mountain Time (12:00 p.m. Eastern) on the same day.
Investors can join the call using the domestic toll-free number 1-877-407-8289 or international number 1-201-689-8341 with conference code 13753639. A replay will be available through May 22, 2025, accessible via domestic (1-877-660-6853) and international (1-201-612-7415) numbers.
Where Food Comes From (WFCF) reported its Q4 and full-year 2024 results. Full-year revenue increased 2% to $25.7 million, with verification and certification services up 6% to $20.6 million. Net income slightly decreased to $2.1 million ($0.40 per diluted share) from $2.2 million in 2023.
Q4 total revenue remained flat at $6.7 million, while net income increased to $961,000 ($0.18 per diluted share) from $776,000, boosted by a $345,000 gain in bitcoin holdings. The company continued its shareholder value return program, repurchasing 273,057 shares in 2024 for $3.3 million.
Despite challenges from cyclical herd contraction affecting the beef business, growth in CARE Certified and Upcycled programs offset the impact. The company's SG&A expenses increased by $530,000 to support marketing initiatives and technical talent acquisition.
Where Food Comes From (WFCF), North America's leading provider of independent, third-party food production verification services, has announced its schedule for releasing 2024 full-year financial results. The company will release its financial results before market opening on Thursday, February 20, 2025.
A conference call will be held the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). Investors can join using the following dial-in numbers: Domestic Toll Free: 1-877-407-8289 or International: 1-201-689-8341 (Conference Code: 13751753). A phone replay will be available through March 6, 2025.
Where Food Comes From (WFCF) reported strong growth in its Upcycled Certified® Program, with a 17% year-over-year increase in certifications for 2024. The program, which certifies sustainable food production practices, has expanded to 105 companies, including major players like Del Monte, Kerry, and Hershey-backed Blue Stripes.
In 2024, certified companies diverted approximately 1.2 million tons of food waste, equivalent to 248 million bags of groceries. The program now certifies 568 products, with pet foods, snack foods, and beverages leading the categories. WFCF's Upcycled Certified has become the fastest-growing certification seal in the food industry, operating in 14 countries.
The total upcycled industry is valued at $46 billion, with significant growth potential. Market research shows that 62% of consumers are willing to pay more for products that fight food waste, and 70% showed increased purchase intent when seeing the Upcycled Certified® seal on packaging.
Where Food Comes From (WFCF) reported mixed Q3 2024 results with total revenue up 1% to $7.1 million. Verification and certification revenue increased 2% to $5.5 million, while product sales rose 9% to $1.3 million. However, net income declined 32% to $492,000, with diluted EPS of $0.09. For the nine-month period, total revenue grew 4% to $19.1 million, though net income decreased 16% to $1.2 million. The company continued its stock buyback program, repurchasing 66,620 shares in Q3 and 216,039 shares year-to-date. Cash generated from operations increased 6% to $2.8 million.
Where Food Comes From (WFCF), North America's leading third-party food production verification provider, has announced its upcoming 2024 third quarter financial results release. The results will be disclosed before market opening on Tuesday, November 12, 2024, followed by a conference call at 10:00 a.m. Mountain Time. The company has provided both domestic and international dial-in numbers for the conference call, with a replay available through November 26, 2024.
Where Food Comes From, Inc. (WFCF) reported its 2024 second quarter and six-month financial results. Highlights include:
- Q2 total revenue up 4% to $6.4 million
- Q2 net income down 8% to $489,000
- Q2 diluted EPS flat at $0.09
- Six-month total revenue up 5% to $12.0 million
- Six-month net income up 2% to $667,000
- Six-month diluted EPS of $0.12 vs. $0.11
The company saw growth in verification and certification services, but experienced a decline in product sales. WFCF's diversified portfolio, including new initiatives like Upcycled Food Certification, helped navigate challenges such as inflation and cyclical herd contraction.
Where Food Comes From, Inc. (WFCF), a leading provider of third-party verification for food production practices in North America, has announced its upcoming 2024 second quarter earnings release. The company will disclose its financial results on Thursday, August 8, 2024, before the market opens. Following the release, WFCF will host a conference call at 10:00 a.m. Mountain Time (12:00 p.m. Eastern) to discuss the results.
Investors and interested parties can join the call using the provided dial-in numbers. A phone replay of the conference call will be available until August 22, 2024, allowing those unable to attend the live call to access the information later.