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Sow Good Inc.
8/14/2025
Good morning, everyone, and thank you for participating in today's conference call to discuss So Good Financial results for second quarter ended June 30th, 2025. Joining us today are So Good co-founder and CEO Claudia Goldfarb and Chief Financial Officer Donna Guy. Following their remarks, we'll open the call for analyst questions. Before we go further, I would like to turn the call over to Mr. Slatch as he reads the company's State Harbor Statement within the meaning of the Private Securities Litigation Reforms Act of 1995 that provides important cautions regarding forward-looking statements. Cody, please go ahead.
Good morning, everyone, and thank you for joining us in today's conference call to discuss SoGood's financial results for the second quarter ended June 30th, 2025. Certain statements made during this call are forward-looking statements, including those concerning our financial outlook, our competitive landscape, market opportunities, and the impact of the global economic environment on our business. These statements are based on currently available information and assumptions, and we undertake no duty to update this information except as required by law. These statements are also subject to a number of risks and uncertainties, including those highlighted in today's earnings release and our filings with the SEC. Additional information concerning these statements and the risks and uncertainties associated with them is highlighted in today's earnings release and our filings with the SEC. Copies are available on SEC's website or our investor relations website. Furthermore, we will discuss adjusted EBITDA, a non-GAAP financial measure, on today's call. The reconciliation of adjusted EBITDA to net income or loss, the nearest comparable non-GAAP financial measure discussed on today's call, is available in our earnings press release at our investor relations website. With that, I will turn the call over to Claudia.
Thank you, Cody, and good morning, everyone, and thank you for joining us today. Q2 2025 marks an important step forward for SoGood. While we face some near-term operational challenges, We also saw encouraging signs that our innovation strategy, brand resonance, and retail partnerships are gaining meaningful traction. What we learned this quarter has only strengthened our conviction in the long-term value of the business we're building and the strategic decisions guiding our path to sustainable growth. Our financial performance was impacted by short-term supply chain and labor constraints that pushed herd and shipments into July. I'm pleased to report that these orders have now been fulfilled. It's important to note that these results do not reflect weakness in demand. On the contrary, demand has rebounded nicely, outpacing our current labor capacity. With momentum, we have returned to scaling our workforce and supply chains. Our retail partners continue to request new items, validating both the depth of our innovation pipeline and the enduring appeal of this still-good brand. We've also completed production, packaging, and shipping of our entire holiday inventory, giving us the flexibility to stabilize our supply chain and ramp up production more aggressively. While there is still work to do, we have stabilized operations, and are moving forward with clarity, focus, and confidence. With these foundations in place, we're entering the second half of 2025 with greater confidence in our ability to deliver sustained growth. SoCID remains resilient, well-positioned to rebuild momentum, and ready to capture growing demand for our brand. So how do we scale from here? By executing with discipline, continuing to drive product innovation, and nurturing a strong pipeline of opportunities with both new and existing retail partners. Before I hand it off, I want to very warmly welcome our new CFO, Donna Guy, to the So Good Leadership team. Donna brings more than 25 years of public company finance experience, including senior leadership roles at Advantage Technologies and Basic Energy Services. and she's the founder of Elevation Accounting and Finance. Having worked closely with SoGood as a consultant over the past year, she already has deep insight into our systems, team, and vision. Sonia has been such a fantastic addition, and her transition into the role has been seamless. I can't tell you how much easier this transition has been with her leadership. She has a proven track record of driving operational efficiencies, optimizing cost structures, and leading through dynamic environments. And we're already seeing that expertise at work. In just a short time, she has strengthened our forecasting, task management, and performance tracking. We are grateful to have her on the team, and I have every confidence in her ability to help lead so good through this next phase as we pursue disciplined and sustainable growth. With that, I'll turn it over to Donna to walk us through our Q2 financials. Donna?
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