Yerbaé’s Q3 sales increased 38% year-over-year in 2022

Scottsdale, Ariz., February 28, 2023 — Yerbaé Brands Corp. (TSXV: YERB.U) (“Yerbaé” or the “Company”), a plant-based energy beverage company, announced today that it reported record revenue of $1.9MM in net sales (USD) in Q3 2022, representing year over year growth of 38% for the quarter. The company experienced strong growth in its direct-to-consumer channel with growth of 64% vs prior year as well and broadline distribution channel growth of 101%. The company also achieved an increase in gross margin in the quarter to 64% vs 61% in the year prior.

“We are delighted to announce that our Q3 2022 growth is up by 38%. The demand is a testament to the hard work and dedication of our employees and the loyalty of our customers, further validating our strategic omni-channel distribution strategy. We believe that today’s consumers are increasingly focused on better-for-you and sugar-free alternatives to many household staples and Yerbaé is positioned to capitalize on the evolving consumer trends.,” stated Todd Gibson, Co-Founder, CEO and Director of Yerbaé.

Read the entire release here.