Edible Garden Preliminary Sales Results During Key Thanksgiving Time Period Surge 51% in 2024

Core Insights - Edible Garden AG Incorporated reported a 51% year-over-year increase in preliminary sales results for the Thanksgiving period, indicating strong demand for its fresh, sustainable products [1][2] - The company maintains an industry-leading fulfillment rate exceeding 98%, which is a key factor in its operational success and customer satisfaction [2][5] - Edible Garden operates over 5,000 stores in the U.S. and is recognized for its innovative practices in controlled environment agriculture (CEA) and sustainability [3] Sales Performance - The sales increase reflects results for the weeks of November 8-24, 2024, compared to the same weeks in 2023 [4] - The company attributes its sales growth to a focus on its complete herb line and core strengths, enhancing its market position [2] Operational Excellence - The fulfillment rate is defined as the percentage of orders filled in full relative to total orders received, serving as a critical performance metric for the company [5] - Edible Garden's commitment to quality and dependability strengthens relationships with retail partners and enhances its distribution network [2] Company Overview - Edible Garden is a leader in CEA, offering locally grown, organic, and sustainable produce, and operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan [3] - The company utilizes patented technologies such as GreenThumb software and self-watering displays to optimize production and reduce environmental impact [3]