Revenue Growth
Revenue for the third quarter of fiscal 2025 increased by 10% to $31.5 million, driven largely by successful pricing actions and volume gains.
CapEx Investment Completion
Completed CapEx investments in the Farmingdale facility to double chicken capacity, enhancing labor efficiencies and reducing overtime.
Strategic Leadership Additions
Added world-class executive leadership, including a Chief Commercial Officer and Chief Operating Officer, to optimize operations and drive growth.
Significant Trade Promotion and Marketing Investments
Increased trade spend and marketing investments by 42%, with a 75% increase in marketing spend, to support growth and expand market reach.
Strong Cash Position and Debt Reduction
Cash and cash equivalents totaled $9.3 million, with $5 million in capital investments and $2.5 million of debt paid down year-to-date.
Expansion in New Markets
Secured new orders from major retailers, including Walmart, and expanded into new regions such as the Southeast and Texas.
Industry Recognition for Product Innovation
Received two innovation awards for product offerings, enhancing brand visibility and market credibility.