Calmer Co. November Sales Update

The Calmer Co. International Limited (ASX: $CCO) has reported a substantial increase in November sales, with a rise of more than 35% month-on-month to $300k. The company's global recommerce sales for November exceeded $220k, while ecommerce sales in Australia and the USA both surpassed $110k. Coles supermarkets have restocked the 50g instant kava following a surge in demand driven by digital activity, resulting in stock sell out in September.

CEO Anthony Noble on November Sales Performance

Excellence in ecommerce is our first growth pillar, and we see continued growth in the channel. Taken together with our expanded retail footprint in Australia with FijiKava 150g instant kava and Taki Mai kava-shot launching in Coles in January and first sales into Kava Bars due this month; we now see all of our growth pillars set to contribute profitable sales in 2024. With the required inventory funding now in place we are well positioned for the coming year.

Summary of November Sales and Future Outlook

The Calmer Co. International Limited (ASX: $CCO) has experienced a remarkable increase in November sales, with a rise of more than 35% to $300k. The company's global recommerce and ecommerce sales have also shown significant growth, surpassing $220k and $110k respectively. CEO Anthony Noble highlighted the company's focus on ecommerce excellence and the expansion of its retail footprint, projecting profitable sales contribution from all growth pillars in 2024. The company's forward-looking statements emphasize the potential for continued growth, while acknowledging the associated risks and uncertainties.