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

Reuters
2025/11/15
Gourmet supplier <a href="https://laohu8.com/S/IVFH">Innovative Food</a>'s Q3 revenue rises, driven by acquisitions

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)

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