Forbidden Foods (ASX:FFF) has announced a remarkable growth in sales for November 2024, reaching $512,932. This marks an 80% increase compared to November 2023. It is the highest monthly sales since the company's management restructure in July 2023. The surge in sales is largely due to the success of Blue Dinosaur and Oat Milk Goodness products.
Forbidden Foods has experienced a significant uptick in sales, with November 2024 marking a record month. The rise is credited to the successful performance of Blue Dinosaur and Oat Milk Goodness products. Strategic marketing campaigns, including a successful Black Friday event, and new product listings have driven this growth. Despite the resignation of Marcus Brown, the company plans to manage US operations remotely and continue its international expansion. Forbidden Foods aims to capitalize on its expanded product range and marketing efforts to unlock shareholder value and achieve further sales growth.
Alex Aleksic, CEO of Forbidden Foods, expressed confidence in the company's two leading brands, attributing recent sales success to strategic acquisitions and marketing efforts. The company remains focused on unlocking shareholder value through product launches, marketing partnerships, and optimizing operations.