Starco Brands, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 01:33 pm EDT
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Starco Brands, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was USD 55,674 compared to USD 61,263 a year ago. Operating loss was USD 30,302 compared to USD 42,510 a year ago. Net loss was USD 34,105 compared to USD 45,291 a year ago.
Starco Brands, Inc. is a consumer goods company. The Company operates in three segments: Starco Brands, Skylar, and Soylent. The Starco Brands segment is engaged in the development and sales of consumer goods products. The Starco Brands segment includes STCB, AOS, Whipshots Holdings and Whipshots LLC. The Skylar segment is involved in the sale of fragrances. The Soylent segment is engaged in the sale of nutritional products, mainly drinks. Its brands include Whipshots, the vodka-infused whipped cream; Art of Sport, the body care brand designed for athletes; Winona, the indulgent theater-popcorn spray powered by air; Skylar, the fragrance that is both hypoallergenic and safe for sensitive skin; Whipshots; and Soylent, a non-dairy nutrition brand. It commercializes consumer products manufactured by The Starco Group (TSG). TSG is a private label and branded aerosol and liquid fill manufacturer with manufacturing assets in verticals, including paints, coatings and adhesives, and household.
STARCO BRANDS, INC. 
