Once Upon a Farm, PBC's sales jumped 34.9% to $89.1 million last quarter, but they updated their yearly forecast.

Nov 12, 2026, 4:17 PM ETResultsRead the original at SEC EDGAR

Bad for OFRM

OFRM cut its 2026 sales forecast after the Tractor Wheels recall, and its gross margin fell from 42.1% to 36.1%. Quarterly sales still grew 34.9%, but the lower forecast and weaker margins point to a tougher year.

OFRM · Once Upon a Farm, PBC

AI read · Bad for OFRM

The AI's read

The recall is expected to hurt fourth-quarter sales, and the lower full-year forecast shows the setback reaches beyond one product. Sales grew, but gross margin fell and a measure of operating results shifted from a small profit to a loss. The smaller net loss mainly came from a prior-year accounting change, not stronger operating results. OFRM also had $106.4 million in cash and no debt, giving it resources to manage the recall. Those strengths do not outweigh the lower sales forecast and weaker product margins.

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