Streetbeat News

EDBL

Edible Garden AG Incorporated

https://www.ediblegarden.com

Industry

Agricultural Farm Products

Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.

Open

0.15

Mkt cap

3M

Volume

2.1M

High

0.16

P/E Ratio

-0.01

52-wk high

13.40

Low

0.15

Div yield

N/A

52-wk low

0.12

Edible Garden has announced the pricing of a $5.65 million offering at $0.36 per share. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 2:01 pm

Edible Garden AG Incorporated has launched its Vitamin Whey and Vitamin Way protein powders on Walmart Marketplace, expanding its reach to millions of customers nationwide.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:16 pm

Edible Garden AG Incorporated has expanded the distribution of its USDA Organic herb product line to more City Supermarket and The Extra Supermarket locations in New Jersey.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:15 pm

Edible Garden AG Incorporated has expanded the availability of its USDA Organic herb product line to Green's Natural Foods and The Extra Supermarket in New York and New Jersey.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 1:03 pm

Edible Garden AG Incorporated has expanded its USDA Organic herb product line to Superfresh, City Supermarket, and Fine Fare Supermarkets in New Jersey. This move aligns with the company's focus on locally grown, organic, and sustainable produce.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 1:13 pm

Edible Garden AG Incorporated (NASDAQ: EDBL) has launched a new e-commerce site, VitaminWhey.com, for its Vitamin Whey line of whey and plant protein powders under the Vitamin Whey and Vitamin Way brands.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:03 pm

Edible Garden AG Inc. (NASDAQ: EDBL) shares are trading higher after the company reported Q2 earnings. The company posted a quarterly loss of $1.21 per share and sales of $4.268 million, slightly below analyst estimates. However, the company saw a 157% increase in gross profit and significant growth in core product segments. The stock is up 12.3% following the report.

Portfolio Pulse from Erica Kollmann

August 14, 2024 | 4:43 pm

Edible Garden shares are trading higher following the company's announcement of a year-over-year increase in Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:57 am

Edible Garden AG (NASDAQ:EDBL) reported Q2 2024 GAAP EPS of $(1.21), a significant improvement from $(4.83) YoY. However, sales of $4.268M missed the $4.432M estimate, though they increased slightly from $4.221M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:13 am

Edible Garden AG Incorporated (NASDAQ: EDBL) reported a 30% year-over-year sales growth in its Vitamins and Supplements products for Q2 2024. This growth is expected to positively impact the company's profitability and cash flow from operations.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:11 pm

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