08/11/2022 | Press release | Distributed by Public on 08/11/2022 08:21
Naples Soap Company, Inc (OTC PINK: NASO), a health and wellness brand that offers high-quality skin and hair care products, today reported second quarter financial results for the period ending June 30, 2022.
"We are really looking forward to moving into our new warehouse space in September prior to the busy holiday season. We've been busting at the seams for the past few years, so this will allow us to add some efficiencies to the way we store our products, replenish store inventories, and fulfill our e-commerce orders," said Deanna Wallin, Founder and CEO of Naples Soap Company. She went on to say, "Labor and shipping costs remain a challenge not just for us but for most retailers. We have been working with our manufacturers to try to offset price increases and are bringing on some new vendor relationships with fresh products at attractive price points. We continue to keep a watchful eye on expenses while still being innovative. The decisions we've made in the second and third quarters will have us prepared for the upcoming holiday shopping season."
About Naples Soap Company
Founded in 2009 by Deanna Wallin, Naples Soap Company is a producer of more than 300 bath, body and personal care products that are made in the USA. Products are sold at the Company's 10 retail locations in Florida. Naples Soap Company products are sold online from the Company's website at www.naplessoap.com, through other DTC (direct-to-consumer) channels such as Amazon.com and in more than 300 boutiques, spas and stores throughout the United States via the Company's wholesale division. For more information about Naples Soap Company, visit www.naplessoap.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are subject to uncertainty and may not come to fruition. Readers are cautioned not to place undue reliance on any forward-looking statement including statements that list numbers and dates.
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