QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Releases Q1 Revenue, Gross Profit Numbers
Kaival Brands (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, has reported its Q1 numbers for the period ending Jan. 31, 2021; the report notes first-quarter revenues of $37 million and gross profit totals of $4.8 million. In addition, the company announced that it had achieved cumulative revenue of $100 million in less than a year and has reconfirmed its FY2021 revenue guidance of $400 to $450 million. These revenue milestones were the best to date for Kaival Brands, which is the exclusive global distributor of…