Starco Brands, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 20, 2021 at 05:26 pm EDT
Share
Starco Brands, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 242,056 compared to USD 296,590 a year ago. Operating loss was USD 28,972 compared to operating Income of USD 155,065 a year ago. Net loss was USD 40,766 compared to net income of USD 155,609 a year ago. For the half year, sales was USD 374,570 compared to USD 352,264 a year ago. Operating loss was USD 133,989 compared to operating Income of USD 124,763 a year ago. Net loss was USD 156,675 compared to net income of USD 121,504 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. 
