Real Good Foods Highlights Record Dollar Sales Figure In The Most Recent SPINS Measured Channel Results; Brand In Total Grew 29% Over The Four-Week Period YoY
Portfolio Pulse from Happy Mohamed
Real Good Food Company, Inc. (NASDAQ:RGF) reported record dollar sales of $8.9m in the four-week period ending August 13th, 2023, representing a 29% growth YoY. The company's core products, including Entrée and Breakfast items, grew by 46% over the same period. The overall Frozen category was flat at 0.1% over the four-week period, while the Health & Wellness Frozen Food subcategory, which includes brands like Real Good Foods, grew by 6.6%.
September 05, 2023 | 1:12 pm
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POSITIVE IMPACT
Real Good Food Company's record sales and growth in core products indicate a positive performance, which could potentially boost investor confidence and positively impact the stock price in the short term.
The company's record sales and significant growth in its core products demonstrate strong performance and market demand. This could potentially attract more investors, leading to an increase in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100