Why Plant Based Stocks are Set to Cook in 2022 February 08, 2022 - Baystreet.ca There’s massive demand for plant-based foods. So much so, the market could be worth up to $74.2 billion by 2027, according to Research and Markets. By 2030, according to Fortune, sales are expected to increase five-fold by 2030. All as millions adopt healthier, meat-free lifestyles. Tyson, Smithfield, Perdue, Hormel, and Nestle are all jumping on bandwagon, selling plant-based products, too. That could all be beneficial for Komo Plant Based Foods (CSE:YUM) (OTCQB:KOMOF), Oatly Inc. (NASDAQ:OTLY), good natured Products Inc. (TSXV:GDNP) (OTC:SLGBF), Guru Organic Energy Corp. (TSX:GURU)(OTC:GUROF), and Goodfood Market Corp. (TSX:FOOD)(OTC:GDDFF). Look at Komo Plant Based Foods (CSE:YUM)(OTCQB:KOMOF), For Example Komo Plant Based Foods Inc., a premium plant-based food company, announced it has achieved a major milestone and now Komo Plant based frozen meals are available for order by Americans throughout the United States through GTFO It’s Vegan, a progressive online vegan market serving consumers across the United States (all states except Puerto Rico). Komo shipped its first pallet of Komo plant-based comfort foods to GTFO headquarters in California last week. Consumers across the United States may now order, for home delivery, all of Komo’s frozen products online at GTFO It’s Vegan at www.gtfoitsvegan.com. “We are very excited and grateful to be the first to launch Komo Comfort Foods into the U.S. market. We are confident Komo’s innovative line of great tasting heat and serve meals, including Lasagna, Chickenless Pot Pie and Shepherd’s Pie, will quickly become fan favorites for GTFO It’s Vegan customers,” says Marc Pierce, Co-Founder and CEO, GTFO - It’s Vegan. Komo first launched its product for direct-to-consumer sales in Vancouver, British Columbia, Canada in March 2021 through its eCommerce platform and has received over 200 five-star (out of five) reviews from its online consumers, as seen on its website at www.komocomfortfoods.com. “We are so pleased we can finally offer our delicious plant-based frozen comfort food to the US. We have many inquiries from people across the United States who really wanted to try our food and now they can order through GTFO It’s Vegan,” says Komo CEO William White. “At Komo we believe plant-based eating is the future and change can start with a single bite. Being available for purchase on GTFO eCommerce platform across the United States will further our mission to help make plant-based meals a staple on every dinner table.” Other related developments from around the markets include: Oatly Inc., the world’s original and largest oat drink company, announced a major collaboration with Deutsche Bahn (DB) in Germany: beginning 1 January 2022, the Oatly Barista Edition will be available in the on-board catering of ICE and Intercity trains as the first ever plant-based milk alternative offering for consumers. The Oatly Barista Edition will initially be available with Fairtrade certified filter coffee or Caffè Crema. This will give passengers the opportunity to try a plant-based milk alternative which, on average, have a lower climate impact compared to cow's milk. Oatly and Deutsche Bahn are thus sending an important signal for the urgently needed shift towards a more sustainable, plant-based food system. good natured Products Inc., a North American leader in plant-based products, announced preliminary revenue and gross margin estimates for the quarter ending December 31, 2021 and for the year ending December 31, 2021. Preliminary revenue for Q4 2021 is anticipated at $21.0 million to $23.0 million, an increase of approximately 300% to 330%, compared to $5.3 million for the three months ended December 31, 2020. Revenue for FY2021 is expected in the range of $59.3 million and $61.3 million, an increase of approximately 255% to 270%, compared to $16.7 million for the twelve-month period ended December 31, 2020. Guru Organic Energy Corp., Canada’s leading organic energy drink brand, is pleased to announce its results for the fourth quarter and year ended October 31, 2021. “2021 was a remarkable year for GURU and I am proud of what we have achieved since going public and launching the next phase of our Company’s growth ambitions. We generated strong net revenue growth of 37%; increased our points of sale by 59% to over 23,700 subsequent to fiscal year-end; raised additional capital; signed a game-changing distribution agreement with PepsiCo® in Canada and invested in our brand. We rolled out new product innovations and, late in the year, began to deploy what will be a sustained marketing effort and investment in our brand in key markets to drive awareness and trial to support our expanded product distribution,” said Carl Goyette, President and CEO of GURU. Goodfood Market Corp. a leading Canadian online grocery company, delivering fresh meal solutions and grocery items, announced financial results for the first quarter of Fiscal 2022, ended December 4, 2021. “We are pleased with the progress the Goodfood team has made against both the improvement of our near-term operational performance and the execution of our on-demand grocery and meal-solutions rapid delivery growth driver. Comparing our first quarter 2022 financial performance to the fourth quarter 2021 in which we saw for the most part COVID-19 restrictions lifted, net sales of $78 million were stable with close to a million orders delivered in the quarter and positive momentum in order rates and Active Customers (1) versus the summer lows,” said Jonathan Ferrari, Chief Executive Officer of Goodfood. “The quarter saw the beginning of an expected progressive improvement to our Adjusted EBITDA margin (1) compared to fourth quarter of 2021, driven by 110 basis points gross margin improvement against the backdrop of inflationary pressures, as well as an SG&A cost containment effort that led to an 8% reduction in our SG&A spend versus the fourth quarter of 2021. Lastly, we are also pleased with the progress made on our reorganization initiative that once completed will generate $11-$13 million of annualized savings compared to the fourth quarter of 2021.” Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Komo Plant Based Foods has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares Komo Plant Based Foods Please click here for full disclaimer. Contact Information: 2818047972 [email protected]
Why Plant Based Stocks are Set to Cook in 2022 February 08, 2022 - Baystreet.ca There’s massive demand for plant-based foods. So much so, the market could be worth up to $74.2 billion by 2027, according to Research and Markets. By 2030, according to Fortune, sales are expected to increase five-fold by 2030. All as millions adopt healthier, meat-free lifestyles. Tyson, Smithfield, Perdue, Hormel, and Nestle are all jumping on bandwagon, selling plant-based products, too. That could all be beneficial for Komo Plant Based Foods (CSE:YUM) (OTCQB:KOMOF), Oatly Inc. (NASDAQ:OTLY), good natured Products Inc. (TSXV:GDNP) (OTC:SLGBF), Guru Organic Energy Corp. (TSX:GURU)(OTC:GUROF), and Goodfood Market Corp. (TSX:FOOD)(OTC:GDDFF). Look at Komo Plant Based Foods (CSE:YUM)(OTCQB:KOMOF), For Example Komo Plant Based Foods Inc., a premium plant-based food company, announced it has achieved a major milestone and now Komo Plant based frozen meals are available for order by Americans throughout the United States through GTFO It’s Vegan, a progressive online vegan market serving consumers across the United States (all states except Puerto Rico). Komo shipped its first pallet of Komo plant-based comfort foods to GTFO headquarters in California last week. Consumers across the United States may now order, for home delivery, all of Komo’s frozen products online at GTFO It’s Vegan at www.gtfoitsvegan.com. “We are very excited and grateful to be the first to launch Komo Comfort Foods into the U.S. market. We are confident Komo’s innovative line of great tasting heat and serve meals, including Lasagna, Chickenless Pot Pie and Shepherd’s Pie, will quickly become fan favorites for GTFO It’s Vegan customers,” says Marc Pierce, Co-Founder and CEO, GTFO - It’s Vegan. Komo first launched its product for direct-to-consumer sales in Vancouver, British Columbia, Canada in March 2021 through its eCommerce platform and has received over 200 five-star (out of five) reviews from its online consumers, as seen on its website at www.komocomfortfoods.com. “We are so pleased we can finally offer our delicious plant-based frozen comfort food to the US. We have many inquiries from people across the United States who really wanted to try our food and now they can order through GTFO It’s Vegan,” says Komo CEO William White. “At Komo we believe plant-based eating is the future and change can start with a single bite. Being available for purchase on GTFO eCommerce platform across the United States will further our mission to help make plant-based meals a staple on every dinner table.” Other related developments from around the markets include: Oatly Inc., the world’s original and largest oat drink company, announced a major collaboration with Deutsche Bahn (DB) in Germany: beginning 1 January 2022, the Oatly Barista Edition will be available in the on-board catering of ICE and Intercity trains as the first ever plant-based milk alternative offering for consumers. The Oatly Barista Edition will initially be available with Fairtrade certified filter coffee or Caffè Crema. This will give passengers the opportunity to try a plant-based milk alternative which, on average, have a lower climate impact compared to cow's milk. Oatly and Deutsche Bahn are thus sending an important signal for the urgently needed shift towards a more sustainable, plant-based food system. good natured Products Inc., a North American leader in plant-based products, announced preliminary revenue and gross margin estimates for the quarter ending December 31, 2021 and for the year ending December 31, 2021. Preliminary revenue for Q4 2021 is anticipated at $21.0 million to $23.0 million, an increase of approximately 300% to 330%, compared to $5.3 million for the three months ended December 31, 2020. Revenue for FY2021 is expected in the range of $59.3 million and $61.3 million, an increase of approximately 255% to 270%, compared to $16.7 million for the twelve-month period ended December 31, 2020. Guru Organic Energy Corp., Canada’s leading organic energy drink brand, is pleased to announce its results for the fourth quarter and year ended October 31, 2021. “2021 was a remarkable year for GURU and I am proud of what we have achieved since going public and launching the next phase of our Company’s growth ambitions. We generated strong net revenue growth of 37%; increased our points of sale by 59% to over 23,700 subsequent to fiscal year-end; raised additional capital; signed a game-changing distribution agreement with PepsiCo® in Canada and invested in our brand. We rolled out new product innovations and, late in the year, began to deploy what will be a sustained marketing effort and investment in our brand in key markets to drive awareness and trial to support our expanded product distribution,” said Carl Goyette, President and CEO of GURU. Goodfood Market Corp. a leading Canadian online grocery company, delivering fresh meal solutions and grocery items, announced financial results for the first quarter of Fiscal 2022, ended December 4, 2021. “We are pleased with the progress the Goodfood team has made against both the improvement of our near-term operational performance and the execution of our on-demand grocery and meal-solutions rapid delivery growth driver. Comparing our first quarter 2022 financial performance to the fourth quarter 2021 in which we saw for the most part COVID-19 restrictions lifted, net sales of $78 million were stable with close to a million orders delivered in the quarter and positive momentum in order rates and Active Customers (1) versus the summer lows,” said Jonathan Ferrari, Chief Executive Officer of Goodfood. “The quarter saw the beginning of an expected progressive improvement to our Adjusted EBITDA margin (1) compared to fourth quarter of 2021, driven by 110 basis points gross margin improvement against the backdrop of inflationary pressures, as well as an SG&A cost containment effort that led to an 8% reduction in our SG&A spend versus the fourth quarter of 2021. Lastly, we are also pleased with the progress made on our reorganization initiative that once completed will generate $11-$13 million of annualized savings compared to the fourth quarter of 2021.” Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Komo Plant Based Foods has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares Komo Plant Based Foods Please click here for full disclaimer. Contact Information: 2818047972 [email protected]