$BABY.TO

Else Nutrition Holdings Kicks Off a Manufacturing Drive in Q2 2026

Else Nutrition Holdings (BABY.TO) is starting a manufacturing drive to meet growing US and Canadian consumers' demand, the company, a pioneer in whole food, Plant-Based nutrition for babies, toddlers, children and adults, said on Monday."Dealing with cash constraints on one side, growing US consumers' demand on the other, and with the fast recovery of our Canadian retail business, we have struggled in the last year to produce enough stock to meet demand, and faced several Out-Of-Stock (OOS) situations that hurt our revenue and delayed our growth," said the company.The company said it is now able to initiate a manufacturing drive that will allow it to keep in stock through the summer of 2026 in both the US and Canada. It plans to continue this drive through this summer and secure stock for the remainder of the year."I am very happy that we can launch a manufacturing drive and avoid OOS," said Hamutal Yitzhak, Chief Executive Officer and Co-Founder of Else Nutrition. "It will allow us to support the growing demand for our products in the US and the re-launch of our products in Canada. Having sufficient products to meet the growing consumer demand will allow us to return to growth and reach our profitability goals."The company's shares were last seen unchanged at $0.025 on the Toronto Stock Exchange.

Else Nutrition Says It Expects to Improve Product Supply and "Meet Growing Consumer Demand" in the US and Canada

Else Nutrition Kicking off a Manufacturing Drive in Q2 2026

Else Nutrition Reports Narrower Loss, Lower Revenue for First Quarter

Else Nutrition (BABY.TO) after trade Friday said its first-quarter revenue fell while its loss narrowed year-over-year.The food and nutrition company reported a loss for the quarter ended March 31 of $0.6 million, compared with a loss of $3.4 million a year ago. Operating expenses fell 45% to $1.2 million from $2.2 million in the year-prior quarter."These results demonstrate the impact of the restructuring and efficiency initiatives we have implemented over the past year, including streamlining lower-margin activities and optimizing marketing spend," Chief Executive Hamutal Yitzhak said.Revenue fell to $1.5 million from $2.1 million a year ago, "mainly due to out-of-stock (OOS) challenges, our operational initiatives resulted in a significant improvement in profitability metrics and overall cost structure," Yitzhak added.Gross margin was up 40% compared with 24% in the first quarter of 2025, according to the statement."We are working diligently to produce more products, to reduce and eventually eliminate the damaging OOS situations, yet our production capabilities depend on our free cash position," the CEO said.The company's shares closed down $0.005 to $0.04 on the Toronto Stock Exchange.