Whole Earth Brands, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 13, 2023 at 07:55 am
Share
Whole Earth Brands, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net loss was USD 60.28 million compared to USD 0.393 million a year ago. Basic loss per share from continuing operations was USD 1.44 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 1.44 compared to USD 0.01 a year ago.
For the full year, the company reported net loss was USD 58.75 million compared to net income of USD 0.083 million a year ago. Basic loss per share from continuing operations was USD 1.42. Diluted loss per share from continuing operations was USD 1.42.
Whole Earth Brands, Inc. is a global food company. The Company is enabling healthier lifestyles and providing access to quality plant-based sweeteners, flavor enhancers and other foods through its diverse portfolio of trusted brands and delicious products. The Company operates through two segments: Branded CPG and Flavors & Ingredients. The Branded CPG segment is comprised of its Merisant division of operating companies, Wholesome and Swerve. The Branded CPG products are sold under both its flagship brands, as well as local and private label brands. Its global flagship brands include Whole Earth, Pure Via, Wholesome, Swerve, Canderel, Equal and existing branded adjacencies. The Flavors & Ingredients segment products provide a variety of solutions for its customers, including flavor enhancement, flavor / aftertaste masking, moisturizing, product mouthfeel modification and skin soothing characteristics. Its Flavors & Ingredients segment operates its licorice-derived products business.
WHOLE EARTH BRANDS, INC. 
