IVFH News and Press, Innovative Food Hldgs Inc From 08/10/23

Key highlights: Second quarter adjusted EBITDA improved by $1.2 million to $453,947, first profitable second quarter since 2019 Second quarter revenue down 8.2% year-over-year to $18.8 million Gross margin improved 377 basis points to 25.4% SG&A declined by...

BONITA SPRINGS, Fla., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and Home Gourmets, today announced that the Company will host an investor ...

BONITA SPRINGS, Fla., July 11, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and Home Gourmets, today announced the completion of CEO Bill Bennett ...

2023-06-16 10:42:38 ET Innovative Food ( OTCQB:IVFH ) said Friday it has received approval from the U.S. Department of Agriculture’s Business & Industry program of an 80% loan guarantee on the company’s existing loans with MapleMark Bank. The USDA Guarantee...

BONITA SPRINGS, Fla., June 16, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional chefs and home gourmets, today announced that it has received approval from the ...

BONITA SPRINGS, Fla., May 31, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (IVFH), a national seller of gourmet specialty foods to professional and home chefs, today announced that the Board elected James C. Pappas as Chairman of the Board replacing Sam Klepfish who remains a director ...

2023-05-17 08:28:25 ET Innovative Food ( OTCQB:IVFH ) hires Brady Smallwood as COO. Mr. Smallwood will develop, integrate, and oversee companywide strategies designed to maximize efficiencies and drive growth across all business categories. Mr. Smallwood ...

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d24cc2e-c412-49b6-b465-581c28553c7b BONITA SPRINGS, Fla., May 17, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (IVFH), a national seller of gourmet specialty foods to pro...

2023-05-16 09:16:03 ET Innovative Food press release ( OTCQB:IVFH ): Q1 Non-GAAP EPS of -$0.01. Revenue of $17M (+8.7% Y/Y). For further details see: Innovative Food Non-GAAP EPS of -$0.01, revenue of $17M

• First-quarter total revenue up 8.6% year-over-year to a first quarter record of $17.0 million •  Specialty foodservice increased 19.6% year-over-year to a first quarter record of $13.8 million •  First-quarter profitability impacted by $1.9...