VANCOUVER, BC / ACCESSWIRE / December 18, 2021 / Vancouver, British Columbia – Blender Bites Ltd. (the “Society“,”Blender Bites” Where “Blender“), (CSE:TO BITE) (FWB:JL4) (WKN: A3C3Y2), a Canadian company involved in the development and commercialization of a range of premium quality organic and plant-based pre-portioned frozen functional foods, announces a record number of orders received in December 2021.
Blender Bites is pleased to announce that during the month of December 2021, the company received purchase orders totaling C $ 495,000. This is an all-time high for the number of purchase orders received by the Company in any given month and represents an increase of over 900% in the total value of purchase orders over the same months in 2020.
The total number of purchase orders received in December 2021 alone, also represents a 75% increase from the highest number of purchase orders received in any a single month in company history, almost double the number of purchase orders received in the previous month of November 2021 and equals 70% of the combined total of all orders received in the previous three months September, October and November 2021.
The significant and historic increase that Blender Bites witnessed in December can be attributed to the initial orders received from American club store distributors, increased demand in 850+ Canadian retail grocery stores, including the launch of the Blender Bites brand. within new Canadian retail chains, and increased orders received from the 37 Canadian club stores where Blender Bites currently has freezer space. The increase does not reflect any orders the Company expects to receive once its aggressive US expansion and consumer marketing campaign strategies are executed.
Management believes that the upward trend in the number of purchase orders received, and subsequently in revenue, will continue on the positive trajectory, as there remains great potential to be realized once the Company’s US strategies are implemented. implemented. The company’s deployment and expansion plans in the U.S. market will also include direct-to-consumer e-commerce capabilities, finalizing relationships with the foodservice market, and representation in some of the largest retail chains in across the country. These future events could see even larger increases in purchase orders received.
“The fact that we are seeing such large increases in orders before our strategy is fully rolled out is very positive and can only suggest that we will see the numbers continue to rise with every new milestone and brick laid along our path of deployment. Blender Bites is still in its infancy, and I truly believe that the aggressive deployment of the US market and our consumer marketing campaigns will add even more value to the company and our shareholders, ” said Chelsie Hodge, CEO and founder of the company.
The Company cautions that the above revenue figures have not been audited and are based on calculations prepared by management. The actual results may differ from those reported in this press release once these figures have been verified.
About Blender Bites
Blender Bites is a Canadian company involved in the development and marketing of a line of premium frozen food products with an emphasis on functionality. Blender Bites was founded in 2016 and was the first to market in Western Canada a pre-portioned “easy smoothie” product free from unnecessary plastic inner packaging. Blender Bites products are certified organic, vegan, non-GMO, gluten-free, dairy-free and soy-free. They contain no added sugar and are made in Canada. Blender Bites products are distributed internationally in Canada and the United States and are currently sold in over 850 stores including Sobeys, Safeway, Save on Foods, Whole Foods Market, Buy-Low / Nesters, IGA and Fresh Street.
On behalf of the Board of Directors,
Blender Bites Limited
Chelsie Hodge, CEO
For more information, contact the Blender IR team at:
Email – [email protected]
Phone – 1-888-997-2055
This press release includes certain “forward-looking statements” under applicable Canadian securities laws. Forward-looking statements are necessarily based on several estimates and assumptions which, although considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially. those expressed or implied by these forward-looking statements. These factors include, but are not limited to, general business, economic, competitive, political and social uncertainties and uncertain financial markets. Readers are cautioned that actual results and future events could differ materially from those anticipated in these statements. Therefore, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
THE SOURCE: Blender Bites Limited
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