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S&W Seed Company ( (SANW) ) has provided an announcement.
S&W Seed Company has provided financial guidance indicating a significant growth trajectory for its sorghum sales, projecting a rise from $24.0 to $27.5 million in fiscal 2025 to $80.0 to $90.0 million by fiscal 2033. The company plans to launch new sorghum products, including Double Team (DT2™) forage sorghum and Prussic Acid Free (PF™) grain sorghum, in the coming years, which is expected to increase its U.S. market share from 10-12% in fiscal 2025 to 25-30% in fiscal 2033. This expansion reflects a strategic effort to solidify its position in the sorghum market, leveraging non-GAAP financial measures to provide insightful business performance analysis.
More about S&W Seed Company
S&W Seed Company is involved in the agriculture industry, primarily focusing on the production and sale of sorghum, including traited and conventional varieties. The company aims to enhance its market share and product offerings in the sorghum sector, with a particular focus on the U.S. market.
YTD Price Performance: 18.91%
Average Trading Volume: 45,250
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $20.7M
For a thorough assessment of SANW stock, go to TipRanks’ Stock Analysis page.