Starco Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 16, 2022 at 05:17 pm EST
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Starco Brands, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.66 million compared to USD 0.109503 million a year ago. Net loss was USD 0.150542 million compared to USD 0.392813 million a year ago.
For the nine months, sales was USD 3.81 million compared to USD 0.484073 million a year ago. Net income was USD 0.032819 million compared to net loss of USD 0.549488 million 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. 
