Business
Edible Garden Achieves Over 45% Year-Over-Year Increase in Preliminary Herbs and Produce Sales Results During Key Holiday Time Period
Commitment to Zero-Waste Inspired® Mission and Consistently Strong Fill Rates Fuel Growth BELVIDERE, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG
About this update from Edible Garden Ag Incorporated
[{"type":"text","content":"Commitment to Zero-Waste Inspired® Mission and Consistently Strong Fill Rates Fuel Growth\nBELVIDERE, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced that the Company experienced a more than 45% year-over-year increase in preliminary herbs and produce sales results for the key holiday time period.1 \"We are incredibly proud of Edible Garden's exceptional performance this holiday season, which was marked by an impressive year-over-year growth in herbs and produce sales exceeding 45%,\" said Jim Kras, Chief Executive Officer of Edible Garden. \"Building on the momentum of a record-breaking Thanksgiving period2, during which preliminary sales increased by more than 50% compared to the previous year, our success in increasing sales underscores the growing demand for our fresh, sustainable products. By leveraging the full potential of our comprehensive herb line and focusing on our core strengths, we believe we have further solidified Edible Garden's position as an innovative leader in the industry.” \"Our distribution network reaches over 5,000 retail locations, including leading names such as Meijer, Walmart, Wakefern/ShopRite, Hannaford, Target, Tops Friendly Markets, and H Mart. These valued partners trust Edible Garden for our high-quality, locally sourced, organic, and sustainable products, which align with our Zero-Waste Inspired® mission. A key driver of this trust is our consistently high fulfillment rates, among the best in the industry, which have become a cornerstone of our success. We expect our proven reliability not only strengthens our reputation as a dependable supplier but also enhances our appeal as we actively seek to expand our distribution network. As we continue to grow, we remain committed to ensuring that the Edible Garden brand stands for excellence, sustainability, and reliability.\" ABOUT EDIBLE GARDEN® Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products backed by Zero-Waste Inspired® next generation farming. Offered at over 5,000 stores in the US, Edible Garden is disrupting the CEA and sustainability tec...