Gourmet supplier Innovative Food's Q3 revenue rises, driven by acquisitions

Innovative Food Holdings

14/11/2025 18:03

Overview

Innovative Food Holdings Q3 revenue grows 3.5% yr/yr, driven by acquisitions

GAAP net income from continuing operations declines compared to Q3 2024

Outlook

Company did not provide specific financial guidance for future periods in press release

Result Drivers

ACQUISITIONS DRIVE REVENUE - Revenue growth in Q3 was primarily driven by contributions from Golden Organics and LoCo Foods acquisitions

DIGITAL CHANNELS DECLINE - Revenue from Digital Channels declined by 4.5% in Q3, attributed to softness with the largest digital partner, though newer partnerships showed growth

LOCAL DISTRIBUTION GROWTH - Local Distribution increased by 33% in Q3, driven by acquisitions, but declined by 21.5% excluding acquisitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$16.40 mln
Q3 Gross Margin
23.50%


Press Release: ID:nGNX4yGpK9

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)