Net sales hit a record of US$493.47 million, up 6% from US$466.56 million a year earlier.
Several market factors contribute to Pizza Hut’s difficulties, including intense competition, changing consumer preferences, and economic pressures such as inflation and a slowing labor market that have dampened discretionary spending at fast-food restaurants overall.
It features a nourishing blend of freshly sprouted ingredients, including barley, beans, lentils, and spelt, creating a complete plant protein source that provides all nine essential amino acids.
The additional seed funding will accelerate product distribution and marketing efforts, helping the company expand to a broader retail audience while investing in product innovation.
Cob’s products are entirely corn-free and gluten-free, non-GMO, and free from fillers and preservatives, making them suitable for people with corn allergies or gluten sensitivities.