Costco

Company Generates Record Subscriptions Sales for 2023 Holiday Season

Retrieved on: 
Tuesday, February 27, 2024

Fort Lauderdale, FL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Singing Machine Company, Inc. (“Singing Machine” or “the Company”) (NASDAQ: MICS) – the worldwide leader in consumer karaoke products, today announced a significant new milestone in its partnership with leading music, media and technology company, Stingray Group, Inc. (“Stingray”), for their shared karaoke subscription service. For 2023, the Stingray-Singing Machine subscription service generated a record $3.28 million in gross sales, representing a 34.8% increase over the prior calendar year subscription sales. As part of its agreement with Stingray, the Company’s profit share is calculated after deducting all costs of goods sold (COGS) and expenses associated with maintaining this service. Consequently, the Company records net sales on music subscription sales at approximately 100% gross margin.

Key Points: 
  • For 2023, the Stingray-Singing Machine subscription service generated a record $3.28 million in gross sales, representing a 34.8% increase over the prior calendar year subscription sales.
  • Consequently, the Company records net sales on music subscription sales at approximately 100% gross margin.
  • “We are excited to report that subscription sales generated very strong results for the Company in 2023,” commented Gary Atkinson, CEO of the Singing Machine.
  • With the expansion of our Wi-Fi streaming line, we project our net music subscription sales, which have virtually no COGS or SG&A expenses associated with it, to grow proportionally with the forecasted increase in unit sales,” concluded Mr. Atkinson.

Tech Industry Leader and Boardroom Powerhouse Maggie Wilderotter Joins Fortinet Board of Directors

Retrieved on: 
Thursday, February 22, 2024

SUNNYVALE, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • “We’re pleased to welcome Maggie Wilderotter to our esteemed board of directors.
  • With this appointment, Maggie transitions her talents from serving as a Fortinet Strategic Advisory Council (FSAC) member, where she gained valuable visibility and insights into Fortinet’s business and vision, to a board member.
  • Maggie is a seasoned business leader known for her distinguished career leading both Fortune 500 corporations and start-up enterprises in the technology and telecommunications sectors.
  • Maggie has also held board positions across various industries, contributing her expertise and leadership to diverse organizations.

GoldATM Reports Rapid Interest and Uptake Following Installation of Initial Gold ATM Kiosks

Retrieved on: 
Tuesday, February 27, 2024

GoldATM, an emerging leader in the ATM industry, today announced initial customer reactions to the company’s first installed and operational Gold ATMs, following the company’s official Feb. 14 launch in Las Vegas at ATMIA.

Key Points: 
  • GoldATM, an emerging leader in the ATM industry, today announced initial customer reactions to the company’s first installed and operational Gold ATMs, following the company’s official Feb. 14 launch in Las Vegas at ATMIA.
  • View the full release here: https://www.businesswire.com/news/home/20240227782566/en/
    GoldATM makes gold available and accessible to everyone.
  • (Photo: Business Wire)
    Early response following the formal announcement during ATMIA, has exceeded expectations.
  • The bills are flexible and durable, just like cash, and are available through the kiosks for as little as $10.

Seafood Expo North America/Seafood Processing North America Announces Keynote Address and Conference Sessions Featuring Top Professionals

Retrieved on: 
Friday, March 1, 2024

PORTLAND, Maine, March 1, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, announces keynote speaker Mark Blyth – William R. Rhodes '57 Professor of International Economics, The Watson Institute for International and Public Affairs at Brown University – and over 30 conference sessions presented by top professionals from across the sector on important topics facing the seafood industry.

Key Points: 
  • PORTLAND, Maine, March 1, 2024 /PRNewswire-PRWeb/ -- Seafood Expo North America/Seafood Processing North America, produced by Diversified Communications, announces keynote speaker Mark Blyth – William R. Rhodes '57 Professor of International Economics, The Watson Institute for International and Public Affairs at Brown University – and over 30 conference sessions presented by top professionals from across the sector on important topics facing the seafood industry.
  • The keynote session will be held on Sunday, March 10th at 11:00am in room 153CB.
  • The conference program, taking place during the three-day expo, will highlight timely topics and bring together a range of professionals to share their unique perspectives and insights.
  • Another session will include professionals from the Seafood Nutrition Partnership, H-E-B and Riverence talking through what drives U.S. consumer behavior and demand for seafood.

Overseas Brand WALOVI of Wanglaoji Made Its Debut Globally to Share the Eastern Health Philosophy with the World

Retrieved on: 
Thursday, February 29, 2024

GUANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- Wanglaoji unveiled its international overseas brand "WALOVI" globally at the 2024 Milan-Guangzhou Business Environment Promotion Conference and China-Italy Economic and Trade Cooperation and Exchange Meeting on February 26th.

Key Points: 
  • GUANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- Wanglaoji unveiled its international overseas brand "WALOVI" globally at the 2024 Milan-Guangzhou Business Environment Promotion Conference and China-Italy Economic and Trade Cooperation and Exchange Meeting on February 26th.
  • Wanglaoji introduced its international overseas brand to overseas markets, and established the first European herbal tea museum, aiming to win over global consumers with this natural plant-based drink from China, and to share the eastern health philosophy with the world.
  • Currently, Wanglaoji has entered overseas platforms such as Yamibuy, Amazon and Costco.
  • Today, Wanglaoji's sales network covers 150 countries and regions on five continents, including dozens of countries in Europe.

Overseas Brand WALOVI of Wanglaoji Made Its Debut Globally to Share the Eastern Health Philosophy with the World

Retrieved on: 
Thursday, February 29, 2024

GUANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- Wanglaoji unveiled its international overseas brand "WALOVI" globally at the 2024 Milan-Guangzhou Business Environment Promotion Conference and China-Italy Economic and Trade Cooperation and Exchange Meeting on February 26th.

Key Points: 
  • GUANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- Wanglaoji unveiled its international overseas brand "WALOVI" globally at the 2024 Milan-Guangzhou Business Environment Promotion Conference and China-Italy Economic and Trade Cooperation and Exchange Meeting on February 26th.
  • Wanglaoji introduced its international overseas brand to overseas markets, and established the first European herbal tea museum, aiming to win over global consumers with this natural plant-based drink from China, and to share the eastern health philosophy with the world.
  • Currently, Wanglaoji has entered overseas platforms such as Yamibuy, Amazon and Costco.
  • Today, Wanglaoji's sales network covers 150 countries and regions on five continents, including dozens of countries in Europe.

Loacker Brightens Shelves with New Minis Spring Mix

Retrieved on: 
Thursday, February 15, 2024

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- As warmer weather approaches and consumers seek lighter sweet indulgences, Loacker, the iconic Italian wafer and confectionery company, has introduced its new Loacker Minis Spring Mix. Encompassing the pure goodness of Loacker, the new 80-ct bag of mini cream-filled wafers features three classic, perfect-for-spring flavors – vanilla, lemon and raspberry-yogurt – all individually wrapped to ensure convenient, mindful snacking.

Key Points: 
  • Available at Costco and on Instacart, the brand's latest seasonal treat features lemon, vanilla and raspberry-yogurt flavors
    NEW YORK, Feb. 15, 2024 /PRNewswire/ -- As warmer weather approaches and consumers seek lighter sweet indulgences, Loacker , the iconic Italian wafer and confectionery company, has introduced its new Loacker Minis Spring Mix.
  • Beginning this month, the new Loacker Minis Spring Mix will be available at Costco stores nationwide and on Instacart.
  • Beginning this month, the new Loacker Minis Spring Mix will be available at Costco locations nationwide and on Instacart in convenient, brightly-colored on-the-go snack packs that can be taken and enjoyed anywhere.
  • The new mix joins Loacker's assortment of other spring flavors such as the brand's Quadratini bite-sized treats, which are available at retail stores, Amazon and LoackerUSA.com .

Costco Wholesale Corporation Reports January Sales Results

Retrieved on: 
Wednesday, February 7, 2024

This negatively impacted total and comparable sales by approximately three to three and one-half percent.

Key Points: 
  • This negatively impacted total and comparable sales by approximately three to three and one-half percent.
  • Additional discussion of these results is available in a recorded message.
  • Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements.
  • Comparable sales and comparable sales excluding impacts from changes in gasoline prices and foreign exchange are intended as supplemental information and are not a substitute for net sales presented in accordance with GAAP.

Fresh Creative Foods Announces Voluntary Recall of Dressings and Taco Kit Due to Risk of Listeria in Ingredient From Cheese Supplier: RIZO-LÓPEZ FOODS, INC.

Retrieved on: 
Wednesday, February 7, 2024

Fresh Creative Foods, a division of Reser’s Fine Foods, Inc., is voluntarily recalling certain cremas, everything sauces, cilantro cotija dressing, poblano Caesar dressing, cilantro dressing and one taco kit due to the risk of Listeria Monocytogenes in a cheese ingredient supplied by RIZO-LÓPEZ FOODS, INC.

Key Points: 
  • Fresh Creative Foods, a division of Reser’s Fine Foods, Inc., is voluntarily recalling certain cremas, everything sauces, cilantro cotija dressing, poblano Caesar dressing, cilantro dressing and one taco kit due to the risk of Listeria Monocytogenes in a cheese ingredient supplied by RIZO-LÓPEZ FOODS, INC.
  • The dressings are sold in bottles; the taco kit is sold in a clear clamshell container with a printed cardboard band.
  • Listeria Monocytogenes can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems.
  • Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea.

SIMPLY FRESH LLC. VOLUNTARILY RECALLS ROJOS BLACK BEAN LAYER DIP 2/20oz PRODUCT BECAUSE OF POSSIBLE HEALTH RISK

Retrieved on: 
Wednesday, February 7, 2024

is voluntarily recalling its Rojo's Black Bean 6 Layer Dip 2-20oz Club Pack.

Key Points: 
  • is voluntarily recalling its Rojo's Black Bean 6 Layer Dip 2-20oz Club Pack.
  • This voluntary recall is being initiated as a result of the Rizo Lopez Foods Inc. recall of cotija cheese due to possible contamination with Listeria monocytogenes.
  • Simply Fresh used the recalled cotija cheese from Rizo Lopez Foods, Inc. in the Rojos Black Bean Layer Dips with the date codes listed in the table below.
  • This voluntary recall applies only to the products with the "Best If Use By" dates stated below.