Real Good Foods Highlights Record Dollar Sales Figure in the Most Recent SPINS Measured Channel Results
September 05 2023 - 9:11AM
The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods”
or the “Company”), a leading health and wellness frozen and
refrigerated food company, today released the U.S. SPINS retail
scanner performance data across all its products from the most
recent period ending August 13th, 2023(1). SPINS data captures
consumption data in the Food, Drug and Mass retail channel, which
represents approximately 50% of the Company’s sales.
Real Good Foods posted record Dollar Sales in
Measured Channel with consumption of $8.9m in the four-week period
ending August 13th; fueled by growth in core categories and
velocity increases.
- Real Good Foods brand in total grew 29% over the four-week
period vs. Year Ago, and 82% vs. 2 Years Ago.
- Real Good Foods core products, which include Entrée and
Breakfast items, grew 46% over the four-week period vs. Year Ago
while non-core items grew 17% vs. Year Ago.
- The overall Frozen category (2) was flat at 0.1% over the
four-week period.
- The Health & Wellness Frozen Food subcategory (2), which
includes Health and Wellness focused brands like Real Good Foods,
grew 6.6% over the four-week period.
“These results demonstrate the growing demand Consumers, and our
Retail partners have for our items across our strategic platforms,
Breaded Chicken, Global Entrees, and Breakfast. People are
realizing they can enjoy the foods they love without loading up on
sugar or processed carbohydrates. Today, 88% of US consumers
are struggling with metabolic health conditions* related to diet,
and it’s important these folks have healthier options. Our mission
is to drive access and simply help people feel better every day,
and live healthier lives,” said Bryan Freeman, Executive Chairman
at Real Good Foods.
Sources: 1. SPINS Total US MULO, excluding Costco, dollar sales
for 4-week ending August 13th, 2023 2.The “Overall Frozen Category”
and “Health & Wellness Frozen” category excludes Frozen and
Refrigerated Meat, Poultry & Seafood. 88% of Consumers are
metabolically unhealthy -
https://www.unc.edu/posts/2018/11/28/only-12-percent-of-american-adults-are-metabolically-healthy-carolina-study-finds/
About The Real Good Food Company
Real Good Foods (NASDAQ: RGF) is a leading
health and wellness frozen foods company, providing a better way to
enjoy your favorite foods. The Company’s mission is to
provide “Real Food You Feel Good About Eating”,
making delicious, nutritious foods that are low
in sugar, low in carbohydrates and high in protein.
The Real Good Foods family of
products includes breakfast, lunch, dinner, and
snacks – available in over 16,000 stores nationwide with additional
direct-to-consumer options.
To learn more, please visit our website at
realgoodfoods.com or join us on social media @realgoodfoods – where
we maintain some of the largest followings in the frozen food
industry today.
For interviews with Bryan Freeman, Executive Chairman, or press
inquiries email AJStiffelman@realgoodfoods.com
Investor ContactAkshay
Jagdaleir@realgoodfoods.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9043ad76-cdb3-4b60-8bc9-f79c71136215
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