Whole Earth Brands

Whole Earth Brands, Inc. operates as a food company. The firm operates through the following segments: Branded CPG and Flavors and Ingredients. The Branded CPG segment includes tabletop zero-calorie sweetener category products. The Flavors and Ingredients segment manufactures licorice extract and derivative products. Its brands include equal, Canderel, WHOLE EARTH, and PURE VIA. The company was founded in 2018 and is headquartered in Chicago, IL.

Earnings data Q4 2020

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Whole Earth Brands reports Q4 growth, outlines strategic 2023 plans

Whole Earth Brands navigated challenges in 2022, focusing on growth strategies and operational improvements for 2023.
Despite cost pressures, the company aims for revenue growth and enhanced profitability through strategic actions.
Strong demand, international expansion, and cost management are key focus areas for Whole Earth Brands' future success.
The company's leadership stability and financial outlook position it for sustainable growth and value creation.

Whole Earth Brands reports Q1 growth, faces margin challenges

Whole Earth Brands' Q1 2023 performance showed revenue growth but faced challenges with declining profit margins and lower segment revenue.
Leadership changes and operational initiatives demonstrate a commitment to enhancing profitability and employee engagement.
The company's outlook for the full year remains positive, with opportunities to improve financial performance and navigate challenges.
Addressing cost control, segment performance, and growth strategies will be crucial for Whole Earth Brands' future success.

Whole Earth Brands reports solid Q2 results and pursues growth

Whole Earth Brands is strategically focused on enhancing margins, exploring growth opportunities, and driving operational improvements to rebuild shareholder value.
Despite challenges in evaluating strategic alternatives, the company remains committed to financial discipline, sustainability initiatives, and long-term growth strategies.
With a strong financial performance, operational efficiency, and a clear vision for growth, Whole Earth Brands aims to leverage market trends and innovation to drive value creation.

Whole Earth Brands reports robust Q3 earnings, eyes growth strategies

Whole Earth Brands delivered solid financial results in Q3 2023, with a strong focus on operational efficiency, margin expansion, and cash flow improvement. While facing challenges in the international market, the company is strategically positioned to capitalize on opportunities for growth through product innovation and supply chain optimization.

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Whole Earth Brands enables healthier lifestyles by providing access to plant-based sweeteners, flavor enhancers and other foods. They work to enable wellness seekers to enjoy a range of foods and beverages by offering natural alternatives and clean label products.

SAN DIEGO, July 16, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a shareholder rights litigation firm, has launched an investigation into whether the board members of Whole Earth Brands, Inc. (NASDAQ: FREE) breached their fiduciary duties in connection with the proposed sale of the Company to affiliates of Sababa Holdings FREE LLC.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Whole Earth Brands

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Whole Earth Brands , Inc . ( N asdaq: FREE ), relating to its proposed merger with affiliates of Sababa Holdings FREE LLC. Under the terms of the agreement, Whole Earth Brands shareholders will receive $4.875 per share of Whole Earth Brands stock they own.

URGENT INVESTIGATION: The M&A Class Action Firm Investigates Merger and Looming Vote of Whole Earth Brands, Inc. – FREE

NEW YORK , July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Whole Earth Brands, Inc. (Nasdaq: FREE ), relating to its proposed merger with affiliates of Sababa Holdings FREE LLC.

URGENT INVESTIGATION: The M&A Class Action Firm Investigates Merger and Looming Vote of Whole Earth Brands, Inc. - FREE

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Whole Earth Brands, Inc. (NasdaqCM: FREE) to affiliates of Sababa Holdings FREE, LLC. Under the terms of the proposed transaction, shareholders of Whole Earth will receive $4.875 in cash for each share of Whole Earth that they own. KSF is seeking to determine whether this consideration and the process that led.

WHOLE EARTH INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Whole Earth Brands, Inc. - FREE

NEW YORK, July 03, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Whole Earth Brands , Inc . ( N asdaq: FREE ), relating to its proposed merger with affiliates of Sababa Holdings FREE LLC. Under the terms of the agreement, Whole Earth Brands shareholders will receive $4.875 per share of Whole Earth Brands stock they own.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote of Whole Earth Brands, Inc. – FREE

NEW YORK , July 2, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Whole Earth Brands, Inc. (Nasdaq: FREE ), relating to its proposed merger with affiliates of Sababa Holdings FREE LLC.

STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote of Whole Earth Brands, Inc. - FREE

CHICAGO, May 09, 2024 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its first quarter ended March 31, 2024.

Whole Earth Brands Reports First Quarter 2024 Results

CHICAGO, March 12, 2024 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its fourth quarter and full year ended December 31, 2023.

Whole Earth Brands Reports Fourth Quarter and Full Year 2023 Results

PHILADELPHIA , March 6, 2024 /PRNewswire/ -- Kaskela Law LLC announces investigation into the fairness of the recently proposed buyout of Whole Earth Brands, Inc. (NASDAQ: FREE) stockholders. On February 13, 2024, Whole Earth Brands announced that it had agreed to be acquired by Ozark Holdings, LLC ("Ozark") at a price of $4.875 per share in cash.

Kaskela Law LLC Announces Stockholder Investigation of Whole Earth Brands, Inc. (FREE) and Encourages Investors to Contact the Firm

PHILADELPHIA , Feb. 27, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the recently proposed buyout of Whole Earth Brands, Inc. (NASDAQ: FREE) shareholders. On February 13, 2024, Whole Earth Brands announced that it had agreed to be acquired by Ozark Holdings, LLC ("Ozark") at a price of $4.875 per share in cash.

INVESTIGATION ALERT: Kaskela Law LLC Announces Shareholder Investigation of Whole Earth Brands, Inc. (FREE) Buyout and Encourages Investors to Contact the Firm

MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating Whole Earth Brands (Nasdaq: FREE)  for possible breaches of fiduciary duty and other violations of law in its transaction with Affiliates of Sababa Holdings . Click here to learn how to join the https://www.ademilaw.com/case/whole-earth-brands-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Whole Earth Brands, Inc. has obtained a Fair Price in its transaction with Affiliates of Sababa Holdings

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Whole Earth Brands, Inc. (NASDAQ: FREE) to affiliates of Sababa Holdings FREE, LLC for $4.875 per share is fair to Whole Earth shareholders. Halper Sadeh encourages Whole Earth shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation co.

FREE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Whole Earth Brands, Inc. Is Fair to Shareholders

Whole Earth Brands shareholders to receive $4.875 per share in an all-cash transaction Represents a 56% premium over the Company's share price at market close on June 23, 2023 prior to receiving Sababa's initial $4.00 per share bid Transaction concludes the Company's evaluation of strategic alternatives CHICAGO and MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today confirmed that the Company entered into a definitive agreement pursuant to which Ozark Holdings, LLC (which, going forward, intends to do business as Sweet Oak Parent) (“Sweet Oak”), an affiliate of Sababa Holdings FREE, LLC (“Sababa”), will acquire all of the outstanding shares of the Company's common stock that it does not already own in an all-cash transaction for $4.875 per share (the “Transaction”). This represents a 56% premium over the Company's share price at market close on June 23, 2023 prior to receiving Sababa's initial $4.00 per share bid and a 37% premium over the Company's 60-day volume-weighted average price (“VWAP”) as of February 12, 2024.

Whole Earth Brands Signs Definitive Agreement to be Acquired by Affiliates of Sababa Holdings FREE, LLC

Whole Earth Brands' share price has remained stagnant in the past few months as there's no progress on the acquisition offer made in June 2023. In the meantime, revenue growth has slowed down, resulting in a lower guidance for 2023. This only marginally impacts valuation, though, indicating that the offer price can still be upped. Further, despite the underwhelming performance, the stock's attractive market multiples and positive outlook for 2024 bode well for it even if the deal falls through.

Whole Earth Brands: Story Remains Unchanged

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Jeff Sonnek - Investor Relations, ICR Rajnish Ohri - Co-Chief Executive Officer Jeffrey Robinson - Co-Chief Executive Officer Bernardo Fiaux - Chief Financial Officer Irwin Simon - Executive Chairman Conference Call Participants Scott Mushkin - R5 Capital Ryan Meyers - Lake Street Capital Markets Alexander Arnold - Odeon Capital Operator Good morning and welcome to Whole Earth Brands Third Quarter 2023 Results Conference Call. All participants will be in a listen-only mode.

Whole Earth Brands, Inc. (FREE) Q3 2023 Earnings Call Transcript

Third Consecutive Quarter of Margin Improvement Flavors & Ingredients Achieves Another Quarter of Record Sales

Whole Earth Brands Reports Third Quarter 2023 Results

CHICAGO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced it will release its financial results for the third quarter ended September 30, 2023 before the market opens on Thursday, November 9, 2023. The Company will host a conference call and webcast to discuss third quarter 2023 financial results at 8:30 am Eastern Time on the same day hosted by its executive management team.

Whole Earth Brands, Inc. to Release Third Quarter 2023 Results on Thursday, November 9, 2023

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Jeff Sonnek - ICR Irwin Simon - Executive Chairman Bernardo Fiaux - CFO Rajnish Ohri - President, COO & Interim Co-CEO Jeffrey Robinson - President, Whole Earth Brands Flavors & Ingredients Division and Interim Co-CEO Conference Call Participants Scott Mushkin - R5 Capital Ryan Meyers - Lake Street Capital Markets George Kelly - ROTH MKM Partners Arthur Arnold - Odeon Capital Group Operator Good morning, and welcome to the Whole Earth Brands Second Quarter 2023 Results Conference Call. [Operator Instructions].

Whole Earth Brands, Inc. (FREE) Q2 2023 Earnings Call Transcript

Whole Earth Brands, Inc. (FREE) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.03 per share a year ago.

Whole Earth Brands, Inc. (FREE) Reports Q2 Loss, Misses Revenue Estimates

Sequential Margin Improvement Momentum Continues Flavors & Ingredients Achieves Record Quarterly Sales CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Highlights Reported consolidated revenue of $132.9 million, a decrease of 0.5% on a reported basis and essentially flat compared to the prior year period on a constant currency basis.

Whole Earth Brands Reports Second Quarter 2023 Results

CHICAGO, July 26, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced it will release its financial results for the second quarter ended June 30, 2023 before the market opens on Wednesday, August 9, 2023. The Company will host a conference call and webcast to discuss second quarter 2023 financial results at 8:30 am Eastern Time on the same day hosted by its executive management team.

Whole Earth Brands, Inc. to Release Second Quarter 2023 Results on Wednesday, August 9, 2023

CHICAGO, July 11, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced that the special committee (the “Special Committee”) of the Company's board of directors has retained Jefferies LLC as financial advisor to assist the Special Committee in the review and evaluation of the previously disclosed non-binding proposal received by the Company on June 25, 2023 from Sababa Holdings FREE, LLC (“Sababa”) to acquire for cash all of the outstanding shares of the Company's common stock that it does not already own for $4.00 per share (the “Sababa Proposal”), as well as any other proposals or strategic alternatives that may be available to the Company, including remaining as a standalone publicly-traded company.

Whole Earth Brands Retains Jefferies LLC as Financial Advisor to the Special Committee

CHICAGO, June 27, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today confirmed the receipt of a non-binding proposal from Sababa Holdings FREE, LLC (“Sababa”) to acquire all of the outstanding shares of the Company's common stock that it does not already own for $4.00 per share, payable in cash (the “Sababa Proposal”).

Whole Earth Brands Confirms Receipt of Non-Binding Proposal from Sababa Holdings FREE, LLC

Whole Earth Brands, Inc. (NASDAQ:FREE ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Jeff Sonnek – Investor Relations-ICR Irwin Simon – Executive Chairman Michael Franklin – Chief Executive Officer Bernardo Fiaux – Chief Financial Officer Conference Call Participants Bobby Burleson – Canaccord Rob Dickerson – Jefferies Scott Mushkin – R5 Capital Ryan Meyers – Lake Street Capital Market JP Wollam – ROTH Capital Operator Good morning and welcome to the Whole Earth Brands' First Quarter 2023 Results Conference Call. All participants will be in the listen-only mode.

Whole Earth Brands, Inc. (FREE) Q1 2023 Earnings Call Transcript

CHICAGO, May 10, 2023 (GLOBE NEWSWIRE) -- Whole Earth Brands, Inc. (the “Company” or “we” or “our”) (Nasdaq: FREE), a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods, today announced its financial results for its first quarter ended March 31, 2023. The Company also reaffirmed fiscal year 2023 guidance.

News for Whole Earth Brands Stock (FREE)