Edible Garden Achieves Over 45% Year-Over-Year Increase in Preliminary Herbs and Produce Sales Results During Key Holiday Time Period

Core Insights - Edible Garden AG Incorporated reported over 45% year-over-year increase in preliminary herbs and produce sales during the key holiday period [1][2] - The company experienced a record-breaking Thanksgiving period with preliminary sales increasing by more than 50% compared to the previous year [2] - Edible Garden's distribution network includes over 5,000 retail locations, partnering with major retailers such as Walmart and Target [2] Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), focusing on locally grown, organic, and sustainable produce [3] - The company operates state-of-the-art greenhouses and processing facilities in New Jersey and Michigan, along with a network of contract growers [3] - Edible Garden utilizes patented technologies such as GreenThumb software and self-watering displays to enhance product quality and sustainability [3] Performance Metrics - Fulfillment rate is a key performance metric for the company, defined as the percentage of orders filled in full relative to total orders received [4] - The company emphasizes its high fulfillment rates as a cornerstone of its success and reliability as a supplier [2][4] Financial Disclosures - Preliminary financial data is based on estimates and is subject to internal review, not reflecting the complete financial results for the quarter [6][7] - The reported sales figures for herbs and produce do not include revenue from vitamins and supplements, indicating that overall revenue may differ [6][7]