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NEW YORK, Dec. 01, 2021 (GLOBE NEWSWIRE) – Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and ideas from CEOs of: Allbirds, Inc. (NASDAQ: BIRD ), Organic Garage (OTC: OGGFF) (TSX.V: OG) Bitfarms (NASDAQ: BITF) (TSX.V: BITF) and ESE Entertainment (TSX.V: ESE) (OTC: ENTEF).
Millennials and Gen Z are now entering their primary consumer years, generating $ 1.4 trillion in purchasing power. The lifestyle trends embraced by these tech-savvy consumers are creating generational investment opportunities in various industries such as: digital entertainment, cryptocurrencies, plant-based foods, and sustainable and market-sensitive clothing brands. weather. Wall Street Reporter highlights the latest comments from industry thought leaders:
Matt Lurie, CEO of Organic Garage (OTC: OGGFF) (TSX.V: OG): “Ready to grow with next-generation plant-based brands and organic retail”
Organic Garage (OTC: OGGFF), a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK investor conference, capitalizes on the two megatrends in the booming plant-based food and organic retail industry specialized. In his recent presentation, OGGGF CEO Matt Lurie explained to investors how OGGFF is positioned for explosive growth in the coming months, as it expands its specialty “Organic Garage” retail stores and launches its brand. “Future of Cheese†which targets several billion dollars. opportunities in the global plant-based dairy industry.
OGGFF’s “Organic Garage” specialty retail stores have built a cult following among millennial shoppers in Toronto, Canada, with a fun, discounted experiential retail concept – “Healthier Foods For Less Dear “. OGGFF currently has four stores generating over $ 30 million in revenue, with strong gross margins – and is now at an inflection point – ready to scale rapidly with new locations. In his interview with Wall Street Reporter, OGGFF CEO Matt Lurie discusses opportunities to grow the Organic Garage brand globally, whether through company-owned stores, partnerships and / or franchises.
Watch Organic Garage (OTC: OGGFF) (TSX.V: OG) Next live video from Super Stock: https://bit.ly/3Ctu7qs
OGGFF takes more advantage of its retail expertise in the field of plant-based foods. With a solid grasp of what sells on retail shelves and what today’s consumers want, OGGFF is developing its own brands of plant-based CPGs. OGGFF has just launched the “Future of Cheese†brand targeting the dairy alternatives space. Developed by the world’s foremost cheese experts, Future of Cheese deploys a full line of exciting plant-based cheeses, butter and other dairy products. The brand is a hit with consumers and the products sell out on the shelves every week.
OGGFF is now expanding its product portfolio to 8-10 SKUs in the coming months, which will help drive market penetration with international retailers. In his interview with The Wall Street Reporter, Matt Lurie discusses OGGFF’s growth strategy for expanding Future of Cheese’s global sales to retail and restaurants.
Watch Organic Garage (OTC: OGGFF) (TSX.V: OG) Next live video from Super Stock: https://bit.ly/3Ctu7qs
Allbirds, Inc. (NASDAQ: BIRD) Joey Zwillinger CEO: “Climate Change Consumer Trends Driving Revenue Growth”
“… We have a tremendous lead in the global footwear and apparel industry which is estimated in 2020 at $ 366 billion and $ 1.5 trillion respectively. And we’re running it on top of a branded platform built around this generation’s most important consumer trend: climate change… We’re improving our bottom line primarily in three areas: one, our portfolio of growing stores; second, international expansion; and third, product innovation, which can feel the growth of new customers and increase the lifetime value of existing customers. “
“… The strategic choices allowed a solid and differentiated base. We have served over four million customers since we sold our first shoe in 2016, and we have maintained a Net Promoter Score above 80 every quarter since the first quarter of 2019. In fact, we have recorded the NPS cross- global channel of 86 in the first half of 2021. And that wonderful customer experience has led to repeated strong engagement with cohorts of customers one year or older returning for a second purchase at a rate of 43%. This repurchase rate is remarkable both for the consistency of the high repurchase rate and because it stems from the small assortment we have had to date. As we expand our product offering, we are excited about the opportunity to use this expanded assortment, coupled with our technology and data advantage to increase repeat purchases. We are also energized by the number of people who have not yet heard of our brand. Our assisted awareness is low, only 11% in the United States in the first quarter of 2021, with revenues in the last 12 months of $ 260 million… â€
Allbirds, Inc. (NASDAQ: BIRD) Profit Highlights: https://bit.ly/32U0PEV
Konrad Wasiela, CEO of ESE Entertainment (TSX.V: ESE) (OTC: ENTEF): “10-fold increase in revenue execution rate in 10 months is just the start”
ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela, a featured presenter on Wall Street Reporter’s NEXT SUPER STOCK investor live stream, said revenue increased to more than $ 25 million, a tenfold increase in 10 months. Konrad says this is just the start as his goal is to grow ESE into a billion dollar global esports company. Wasiela said “ESE now has a growing esports mergers and acquisitions pipeline with annual sales of over $ 100 million” and is expected to close a significant number of these deals. potential in the coming months.
In his interview with Wall Street Reporter, ESE CEO Konrad Wasiela said the company is now poised to evolve – expanding its global footprint, with new partnerships with global brands such as Porsche and Kia, generating a revenue growth with a focus on sales and margin. expansion and opportunities for mergers and acquisitions. ESE is now growing rapidly, with multiple revenue streams including esports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and ownership of league and league teams. world class, including its global E-Sports K1CK franchise.
Watch ESE (OTC: ENTEF) (TSX.V: ESE) Next live video from Super Stock: https://bit.ly/3u6oZWc
Emiliano Grodzki, CEO of Bitfarms Ltd. (NASDAQ: BITF) (TSX.V: BITF): “Bitcoin Miner Consolidation Is Coming – We Are Looking For Acquisitions”
“… Today, we have a combined total of 10 farms in operation and in development, with a planned capacity of 404 megawatts and 48,000 miners scheduled for delivery in 2022. Thanks to our strengthened balance sheet and our plan flexible investment, we are well positioned to achieve our target exahash rate of 3 by March 31, 2022 and 8 by December 31, 2022… We are actively reviewing opportunities to buy businesses and ‘active since last December. We only concluded one of these transactions, namely Washington for 24 megawatts. In terms of size, we wouldn’t be interested in a size smaller than 10-20 megawatts, as that’s about the size that makes sense to make it worth it for us. We are certainly more attracted to the bigger opportunities where there is scale … “
“… We have seen quite a few private enterprise opportunities with mid-sized companies, but they don’t really have a distinctive advantage in terms of power contracts, and their miners are getting older. They do not have access to capital, they cannot modernize their fleet and therefore without an attractive electricity contract and an aging fleet. It is not very attractive to us. But if there is an opportunity that presents itself, whether private or public, where there is a good power contract, a half-decent crew and a good layout, we would be very interested in taking a look. ‘eye … And I think we’ll continue to see opportunities, the life cycle assumption suggests that there will be consolidation in this industry to come. I think we’re just starting to see parts of it now. So our eyes are open. And because of our team and our expertise and the deployment of new facilities, I think we are an attractive partner for anyone who wants to come to us, especially given our growing international expertise… â€
Bitfarms Ltd. (NASDAQ: BITF) (TSX.V: BITF) Profit Highlights: https://bit.ly/3CsN3oO
WALL STREET JOURNALIST
Wall Street Reporter (est. 1843) is the leading provider of financial information, whose goal is to give investors direct access to CEOs of promising, publicly traded companies and market experts. www.WallStreetReporter.com. Nothing in this news summary should be construed as investment advice. Quotes / content may be edited for brevity and context. Full disclaimer and relevant disclosures of SEC 17B here: http://bit.ly/39kkE7K
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