US EditionJones Soda Reports Wider Quarterly Loss Driven By Lower Sales Volume, Inventory Write-Off - Jones Soda (OTC:JSDA)
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4 Articles
Jones Soda Reports Wider Quarterly Loss Driven By Lower Sales Volume, Inventory Write-Off - Jones Soda (OTC:JSDA)
Jones Soda Co. (OTC:JSDA) on Tuesday reported fourth-quarter 2024 earnings. Revenue in the quarter was $2.8 million, compared with $3.5 million a year earlier, primarily attributable to reduced sales volumes driven by a transition to a new distributor in Canada and the loss of a discount retail customer in the U.S. during the previous quarter. The company’s beverages segment, which includes craft soda, HD9, Pop Jones, and Fiesta Jones brands, ge…
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newsbudz.comJones Soda posted mixed 2024 results, wades deeper into the red
Jones Soda Co.(CSE: JSDA) (OTCQB: JSDA) reported mixed financial results for 2024, with annual revenue growing 15% to $19.1 million despite a challenging fourth quarter that saw revenue decline and losses widen. Mostly, increased operating expenses and inventory write-downs led to wider losses. The Seattle-based craft soda manufacturer, which diversified into... Please login to read all 577 words.
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