- Blender Bites’ (BITE) revenue for January 2022 increased by 3,026 per cent year-over-year
- The increase is due to the company’s rapid expansion and brand awareness strategies
- The company will execute on an aggressive U.S. expansion plan throughout the year
- Blender Bites offers a line of premium frozen food products with a focus on functionality
- Blender Bites (BITE) is up by 10.23 per cent trading at $0.97 per share
Blender Bites’ (BITE) revenue for January 2022 is up by 3,026 per cent year-over-year.
January 2022 revenue came in at C$560,654 – up from $17,932 in the same period last year – with related expenses of $416,238.
The increase is due to the company’s rapid expansion and brand awareness strategies across Canada and the U.S. Its products are currently sold in over 900 stores, including Sobeys, Safeway, Save on Foods, Whole Foods Market, Buy-Low/Nesters, IGA and Fresh Street.
The figures provided are unaudited.
“Blender Bites is on an incredible trajectory of growth and our recent January sales is a testament to our hard work and dedication to building this brand,” stated Chelsie Hodge, Blender Bites’ CEO.
“2022 is going to be a monumental year for the company with aggressive U.S. expansion and a product very much in demand as consumers turn to health-forward yet convenient products that they feel good about feeding their families,” she added.
Blender Bites offers a line of premium frozen food products with a focus on functionality.
Blender Bites (BITE) is up by 10.23 per cent trading at $0.97 per share as of 2:12 pm EST.