Once Upon a Farm Projects $330M in 2027 Net Sales Following Product Recall
Once Upon a Farm (OFRM) management addressed the impact of a voluntary recall involving its Tractor Wheels product lines during the Q3 2026 earnings call. CEO John Foraker emphasized that the company took decisive action to resolve potential safety concerns, aiming to mitigate long-term brand damage. Despite the setback from the recall, the company provided optimistic fiscal 2027 guidance. Management projects net sales of at least $330 million and expects adjusted EBITDA to reach at least a breakeven point, signaling a recovery strategy focused on stabilizing operations and restoring consumer trust.
Tickers: $OFRM
Topics: earnings call product recall safety concern
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