Tearsheet

Sow Good (SOWG)


Market Price (5/5/2026): $1.74 | Market Cap: $1.4 Mil
Sector: Consumer Staples | Industry: Packaged Foods & Meats

Sow Good (SOWG)


Market Price (5/5/2026): $1.74
Market Cap: $1.4 Mil
Sector: Consumer Staples
Industry: Packaged Foods & Meats

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 100%

Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Organic & Natural Products, Functional Foods & Beverages, Show more.

Weak multi-year price returns
2Y Excs Rtn is -140%, 3Y Excs Rtn is -171%

Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -6.6 Mil

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2837%

High stock price volatility
Vol 12M is 151%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 45%

Key risks
SOWG key risks include [1] a dramatic collapse in revenue and a shift to negative gross margins, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 100%
1 Megatrend and thematic drivers
Megatrends include Health & Wellness Trends, and Vegan & Alternative Foods. Themes include Organic & Natural Products, Functional Foods & Beverages, Show more.
2 Weak multi-year price returns
2Y Excs Rtn is -140%, 3Y Excs Rtn is -171%
3 Very low revenue
Rev LTMTotal Revenue or Sales, Last Twelve Months is 0
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -6.6 Mil
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2837%
6 High stock price volatility
Vol 12M is 151%
7 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 45%
8 Key risks
SOWG key risks include [1] a dramatic collapse in revenue and a shift to negative gross margins, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Sow Good (SOWG) stock has lost about 80% since 1/31/2026 because of the following key factors:

1. Deteriorating Financial Performance and Going Concern Doubts. Sow Good reported a significant net loss of -$28.95 Earnings Per Share (EPS) for Q4 2025, released on March 31, 2026. The company's annual earnings for fiscal year 2025 totaled -$40.6 million. Furthermore, Sow Good disclosed substantial doubt about its ability to continue as a going concern, with a six-month net loss of $6.76 million and a drastic revenue decline to $4.33 million for the six months ended June 30, 2025, compared to $27.05 million a year prior.

2. Implementation of a 15-to-1 Reverse Stock Split. To regain compliance with Nasdaq's minimum bid price requirement, Sow Good announced a 15-to-1 reverse stock split, which became effective on April 23, 2026, with trading on a split-adjusted basis commencing April 24, 2026. Such an action often signals severe underlying financial distress and can lead to further erosion of investor confidence.

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Stock Movement Drivers

Fundamental Drivers

The -81.3% change in SOWG stock from 1/31/2026 to 5/4/2026 was primarily driven by a -9.2233720368547763E17% change in the company's P/S Multiple.
(LTM values as of)13120265042026Change
Stock Price ($)9.401.76-81.3%
Change Contribution By: 
Total Revenues ($ Mil)-250 
P/S Multiple-0.3-9.2233720368547763E17%
Shares Outstanding (Mil)11-0.2%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/4/2026
ReturnCorrelation
SOWG-81.3% 
Market (SPY)3.6%10.4%
Sector (XLP)0.6%0.9%

Fundamental Drivers

The -85.7% change in SOWG stock from 10/31/2025 to 5/4/2026 was primarily driven by a -9.2233720368547763E17% change in the company's P/S Multiple.
(LTM values as of)103120255042026Change
Stock Price ($)12.291.76-85.7%
Change Contribution By: 
Total Revenues ($ Mil)-230 
P/S Multiple-0.4-9.2233720368547763E17%
Shares Outstanding (Mil)11-5.4%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/4/2026
ReturnCorrelation
SOWG-85.7% 
Market (SPY)5.5%8.9%
Sector (XLP)11.0%1.4%

Fundamental Drivers

The -81.2% change in SOWG stock from 4/30/2025 to 5/4/2026 was primarily driven by a -9.2233720368547763E17% change in the company's P/S Multiple.
(LTM values as of)43020255042026Change
Stock Price ($)9.381.76-81.2%
Change Contribution By: 
Total Revenues ($ Mil)-00 
P/S Multiple-2,291,512.5-9.2233720368547763E17%
Shares Outstanding (Mil)11-10.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/4/2026
ReturnCorrelation
SOWG-81.2% 
Market (SPY)30.4%10.2%
Sector (XLP)4.9%4.9%

Fundamental Drivers

The -97.1% change in SOWG stock from 4/30/2023 to 5/4/2026 was primarily driven by a null change in the company's Total Revenues ($ Mil).
(LTM values as of)43020235042026Change
Stock Price ($)61.501.76-97.1%
Change Contribution By: 
Total Revenues ($ Mil)00 
P/S Multiple46.49.2233720368547763E17%
Shares Outstanding (Mil)01-60.4%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/4/2026
ReturnCorrelation
SOWG-97.1% 
Market (SPY)78.7%11.9%
Sector (XLP)17.1%4.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SOWG Return-39%11%302%-80%-83%-68%-97%
Peers Return21%18%-24%3%11%1%27%
S&P 500 Return27%-19%24%23%16%6%92%

Monthly Win Rates [3]
SOWG Win Rate50%50%75%42%42%20% 
Peers Win Rate60%58%30%43%42%44% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
SOWG Max Drawdown-41%-24%-20%-80%-83%-69% 
Peers Max Drawdown-6%-8%-31%-18%-13%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BOF, MDLZ, HSY, GIS, SJM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/4/2026 (YTD)

How Low Can It Go

EventSOWGS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-31.9%-24.5%
  % Gain to Breakeven46.8%32.4%
  Time to Breakeven55 days427 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-79.5%-3.7%
  % Gain to Breakeven387.8%3.9%
  Time to Breakeven988 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-80.0%-12.2%
  % Gain to Breakeven399.7%13.9%
  Time to Breakeven1528 days62 days
2014-2016 Oil Price Collapse
  % Loss-94.6%-6.8%
  % Gain to Breakeven1750.0%7.3%
  Time to Breakeven1528 days15 days
2013 Taper Tantrum
  % Loss-14.3%-0.2%
  % Gain to Breakeven16.7%0.2%
  Time to Breakeven9 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-20.0%-17.9%
  % Gain to Breakeven25.0%21.8%
  Time to Breakeven10 days123 days

Compare to BOF, MDLZ, HSY, GIS, SJM

In The Past

Sow Good's stock fell 0.0% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSOWGS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-31.9%-24.5%
  % Gain to Breakeven46.8%32.4%
  Time to Breakeven55 days427 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-79.5%-3.7%
  % Gain to Breakeven387.8%3.9%
  Time to Breakeven988 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-80.0%-12.2%
  % Gain to Breakeven399.7%13.9%
  Time to Breakeven1528 days62 days
2014-2016 Oil Price Collapse
  % Loss-94.6%-6.8%
  % Gain to Breakeven1750.0%7.3%
  Time to Breakeven1528 days15 days

Compare to BOF, MDLZ, HSY, GIS, SJM

In The Past

Sow Good's stock fell 0.0% during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Sow Good (SOWG)

Sow Good Inc. provides freeze-dried snacks, smoothies, soups, and granola in the United States. The company markets its products through direct-to-consumer focused website, as well as through the business-to-business sales channel. It offers its products under the Sow Good and Sustain Us brands. The company was formerly known as Black Ridge Oil & Gas, Inc. and changed its name to Sow Good Inc. in January 2021. Sow Good Inc. was founded in 2010 and is based in Irving, Texas.

AI Analysis | Feedback

Here are 1-3 brief analogies for Sow Good (SOWG):

  • The Kind Snacks of freeze-dried foods.
  • A specialized Clif Bar for the freeze-dried snack and meal market.

AI Analysis | Feedback

  • Freeze-dried snacks: The company offers various freeze-dried food items designed for snacking.
  • Smoothies: Sow Good provides smoothies, likely in a freeze-dried or powdered form for convenience.
  • Soups: The company offers different soup products, likely in a ready-to-prepare freeze-dried format.
  • Granola: Sow Good produces granola, a breakfast and snack food typically made from oats, nuts, and sweeteners.

AI Analysis | Feedback

Sow Good (SOWG) markets its products through a "direct-to-consumer focused website" and a "business-to-business sales channel." Based on the emphasis given to its direct-to-consumer focused website, it is inferred that the company primarily serves individual customers. Therefore, the major customer categories are described below:

Categories of Individual Customers:

  1. Health-Conscious Consumers: Individuals who prioritize nutritious, clean-label, and often plant-based food options for maintaining a healthy lifestyle. This includes those seeking wholesome ingredients in their snacks, smoothies, and meals.
  2. Convenience-Oriented Consumers: Customers, such as busy professionals, students, or active individuals, who seek quick, easy-to-prepare, and portable meals or snacks that offer nutritional value without extensive preparation time.
  3. Outdoor Enthusiasts & Emergency Preparedness: Consumers who value the lightweight, extended shelf-life, and nutritional density of freeze-dried products for activities like camping, hiking, or for inclusion in emergency food supplies.

AI Analysis | Feedback

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AI Analysis | Feedback

David Lazar, Chief Executive Officer

David Lazar was appointed Chief Executive Officer and Chair of the Board of Sow Good Inc. effective December 31, 2025. He also serves as CEO and Chairman of Kala Bio Inc. Mr. Lazar significantly invested in Sow Good, providing $6.0 million through a private placement.

Donna Guy, Chief Financial Officer

Donna Guy was appointed Chief Financial Officer of Sow Good Inc. effective June 5, 2025. She brings over 25 years of experience in financial leadership from both public and private companies. Prior to joining Sow Good, she was the principal consultant and founder of Elevation Accounting & Finance LLC, where she advised organizations on accounting operations, SEC reporting, system implementations, and process optimization since 2021. Ms. Guy previously consulted with Sow Good Inc. on accounting and reporting requirements, providing her with a deep understanding of the company's operations and strategic goals. Her past roles include controller and interim CFO at ADDvantage Technologies Group Inc. (2020–2021) and senior director of financial planning & analysis at Basic Energy Services (2016–2020). She also held senior roles in SEC reporting and accounting at Enduro Resource Partners and XTO Energy. Ms. Guy is a licensed CPA and a U.S. Air Force veteran.

Claudia Goldfarb, Chief Operating Officer

Claudia Goldfarb is the Co-founder of Sow Good Inc. She stepped down as Chief Executive Officer and assumed the role of Chief Operating Officer, remaining a member of the Board, effective December 31, 2025. Previously, she served as President of Prairie Dog Pet Products, LLC from 2016 to 2020 and COO from 2012 to 2016, where she managed four food manufacturing facilities. Ms. Goldfarb has a strong background in product research and development, having successfully launched over 200 unique products. She also served as COO of PGT Holdings, a pet apparel company, from 2010-2012.

Ira Goldfarb, Co-Founder

Ira Goldfarb is the Co-Founder of Sow Good Inc. He resigned as Executive Chairman and Chair of the Board effective December 31, 2025. Mr. Goldfarb founded Prairie Dog Pet Products, LLC in 2012, serving as CEO until 2020 when he sold the company to Kinderhook Industries. He was also CEO of PGT Holdings from 2010-2012 and founder and CEO of DS Retail Holdings, LLC from 2006 until 2013. Mr. Goldfarb has extensive experience, spanning over 30 years in the retail and manufacturing industries, and has founded, developed, and sold numerous companies to public and private groups.

Yisroel Goldberg, Chief Commercial Officer

Yisroel Goldberg serves as the Chief Commercial Officer of Sow Good Inc.

AI Analysis | Feedback

For Sow Good (SOWG), the key risks to the business include intense competition, significant financial losses and liquidity concerns, and challenges in operational execution. Here are the key risks to Sow Good: 1. **Intense Competition and Market Share Loss:** Sow Good operates in a market with heightened competition, including the entry of large market players and major global candy brands into the freeze-dried candy sector. This has resulted in a substantial decline in Sow Good's revenue and a shift to negative gross margins, indicating vulnerability to market share erosion. 2. **Financial Performance and Liquidity Concerns:** The company has reported significant year-over-year revenue declines, substantial net losses, and negative gross profits in recent quarters. Sow Good has a negative cash balance and has undertaken measures such as private placements and asset sales to manage its financial position and liquidity. Furthermore, the company's Altman Z-Score of -4.03 suggests an increased risk of bankruptcy. 3. **Operational Execution and Efficiency:** Sow Good has faced operational hurdles, including past production delays and product integrity issues. While the company is actively implementing strategies to optimize its cost structure, reduce its facility footprint, and streamline operations, these efforts highlight ongoing challenges in achieving consistent operational efficiency. The potential for supply chain disruptions, transportation issues, and increases in labor and raw material costs also pose ongoing operational risks.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Sow Good Inc.'s main products in the United States are as follows:

  • Freeze-Dried Snacks: The U.S. freeze-dried food market revenue was approximately $15.76 billion in 2024 and is projected to reach around $53.11 billion by 2033, with a compound annual growth rate (CAGR) of 15.21% from 2025 to 2033.
  • Smoothies: The U.S. smoothies market generated approximately $5.07 billion in revenue in 2023 and is anticipated to reach $8.18 billion by 2030, growing at a CAGR of 7.1% from 2024 to 2030.
  • Soups: The United States soup market was valued at about $5.03 billion in 2024 and is expected to reach approximately $6.94 billion in 2033, exhibiting a CAGR of 3.6% between 2025 and 2033.
  • Granola: The global granola market was valued at $4.0 billion in 2024. North America is a dominant region, holding over 46% of the total market share in 2022 and projected to command 37.2% of the global market in 2024. Based on these figures, the North American granola market in 2024 would be approximately $1.49 billion.

AI Analysis | Feedback

For Sow Good (SOWG), the following are expected drivers of future revenue growth over the next 2-3 years:

  1. Expansion of Product Portfolio and New Category Entry: Sow Good is actively expanding its product offerings beyond its current range. This includes the recent launch of Freeze Dried Caramel and Raw Caramel, as well as new seasonal SKUs planned for the end of Q2 2025. The company also has confirmed plans to launch freeze-dried yogurt snacks and beef jerky in the second half of 2025. Furthermore, Sow Good is exploring private-label opportunities, including potential extensions into freeze-dried yogurt melts and other innovative formats, and investigating air-dried and freeze-dried meat products and ready-to-eat meals. The introduction of its Caramel Crunch product, made with proprietary long-cycle freeze-drying technology and no artificial dyes or flavors, represents a push into new retail categories.
  2. Broadened Retail Distribution and Strategic Partnerships: The company is significantly expanding its presence in national retail chains. Sow Good has secured a private-label partnership with a 600-store national retail chain for its Caramel Crunch product, with shipments scheduled for April 2026. Additionally, two new flavor launches with Albertsons Companies are planned for the summer of 2026, which will be featured in Sow Good-branded displays and represent the company's largest national rollouts to date. These initiatives build on existing and expanding partnerships with retailers like Five Below.
  3. International Market Penetration: Sow Good is focused on expanding its geographical reach. The company is actively growing its international presence, specifically targeting the Middle East and Europe. International distribution partners are also substantially increasing influencer and retailer marketing partnerships for 2026 to support the Sow Good brand. The company has already seen promising growth in the Middle East and successfully entered the UAE market.
  4. Enhanced Production Capacity and Operational Efficiency: To support increased demand and growth, Sow Good has been and continues to invest in its production capabilities and streamline operations. This includes plans to complete additional freeze dryers by Q3 2024 and scale international co-manufacturing. The company is also implementing automation upgrades, such as custom packaging machines, to reduce labor costs and improve efficiency. Furthermore, Sow Good has transitioned to a more asset-light operating model and completed lease amendments and payroll optimization, resulting in over $5 million in annualized savings and a more agile platform ready to scale efficiently.

AI Analysis | Feedback

Capital Allocation Decisions for Sow Good (SOWG) Over the Last 3-5 Years

Share Repurchases

There is no readily available public information indicating that Sow Good has undertaken share repurchases or authorized future share repurchase programs within the last 3-5 years.

Share Issuance

  • On July 7, 2021, Sow Good completed a private placement, issuing 714,701 shares and raising over $3.0 million.
  • In April 2024, Sow Good announced a proposed underwritten public offering with expected gross proceeds of approximately $15 million, which was followed by a Nasdaq uplisting and pricing of a $12 million public offering in May 2024.
  • As of December 31, 2025, Sow Good secured a $6.0 million private placement from investor David Lazar, involving the issuance of Series AA and Series AAA Convertible Non-Redeemable Preferred Stock, with the first $3.0 million tranche closed and the second expected by March 31, 2026.

Inbound Investments

  • Sow Good completed a private placement of over $3.0 million in July 2021, with participation from its CEO, Executive Chairman, CFO, other board members, and accredited investors.
  • The company received a $3.7 million private placement in March 2024.
  • A significant inbound investment occurred on December 31, 2025, with a $6.0 million private placement from investor David Lazar, structured in two $3.0 million tranches of convertible preferred stock.

Outbound Investments

  • On January 6, 2026, Sow Good sold a substantial portion of its freeze-dried snacks and candy business assets to Trea Grove, LLC for $1.5 million.

Capital Expenditures

  • Sow Good reported capital expenditures of -$1.49 million in the last 12 months prior to March 2026.
  • The company has constructed a 20,945 square foot freeze-drying facility in Irving, Texas.
  • Proceeds from a proposed public offering in April 2024 were intended to be used for general corporate purposes, which may include capital expenditures for the expansion of production capacity.

Latest Trefis Analyses

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0ARTICLES

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ELF_4102026_Dip_Buyer_FCFYield04102026ELFe.l.f. BeautyDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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IPAR_4022026_Dip_Buyer_ValueBuy04022026IPARInterparfumsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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COKE_4022026_Quality_Momentum_RoomToRun_10%04022026COKECoca-Cola ConsolidatedQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
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MZTI_3272026_Dip_Buyer_FCFYield03272026MZTIMarzettiDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
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TAP_3272026_Dip_Buyer_FCFYield03272026TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SOWGBOFMDLZHSYGISSJMMedian
NameSow Good Branchou.Mondelez.Hershey General .JM Smuck. 
Mkt Price1.763.6361.38182.0134.4396.9147.91
Mkt Cap0.00.078.837.018.510.314.4
Rev LTM01439,30411,99118,7778,92710,459
Op Inc LTM-7-53,7981,7232,9121,2821,503
FCF LTM-5-82,5751,8521,7839711,377
FCF 3Y Avg-9-63,2051,6672,3008101,239
CFO LTM-4-73,8892,3492,3601,2881,819
CFO 3Y Avg-6-54,4942,2823,0051,2591,771

Growth & Margins

SOWGBOFMDLZHSYGISSJMMedian
NameSow Good Branchou.Mondelez.Hershey General .JM Smuck. 
Rev Chg LTM100.0%113.3%7.8%11.5%-5.7%1.6%9.6%
Rev Chg 3Y Avg1,217.9%172.2%6.2%4.0%-0.9%2.4%5.1%
Rev Chg Q80.8%181.9%8.2%10.6%-7.2%7.0%9.4%
QoQ Delta Rev Chg LTM100.0%23.2%2.0%2.6%-2.0%1.7%2.3%
Op Inc Chg LTM40.4%-27.2%-16.9%-23.6%-21.7%-24.5%-22.6%
Op Inc Chg 3Y Avg-229.8%-27.8%5.7%-7.7%-0.6%8.5%-4.2%
Op Mgn LTM--36.2%9.7%14.4%15.5%14.4%14.4%
Op Mgn 3Y Avg--64.6%13.7%20.0%17.1%16.9%16.9%
QoQ Delta Op Mgn LTM-5.2%0.3%1.9%-0.9%-0.8%0.3%
CFO/Rev LTM--51.0%9.9%19.6%12.6%14.4%12.6%
CFO/Rev 3Y Avg--83.8%12.1%20.1%15.3%14.6%14.6%
FCF/Rev LTM--56.4%6.6%15.4%9.5%10.9%9.5%
FCF/Rev 3Y Avg--101.6%8.6%14.7%11.7%9.3%9.3%

Valuation

SOWGBOFMDLZHSYGISSJMMedian
NameSow Good Branchou.Mondelez.Hershey General .JM Smuck. 
Mkt Cap0.00.078.837.018.510.314.4
P/S-3.42.03.11.01.22.0
P/Op Inc-0.2-9.520.721.56.38.17.2
P/EBIT-0.2-8.820.421.66.4-14.83.1
P/E-0.0-7.730.233.87.3-8.23.6
P/CFO-0.3-6.720.215.77.88.07.9
Total Yield-2,832.7%-13.0%6.5%5.9%20.9%-7.7%-0.9%
Dividend Yield0.0%0.0%3.2%3.0%7.2%4.5%3.1%
FCF Yield 3Y Avg-80.8%-35.5%3.7%4.3%7.7%7.0%4.0%
D/E1.10.10.30.20.70.70.5
Net D/E0.10.10.30.10.70.70.2

Returns

SOWGBOFMDLZHSYGISSJMMedian
NameSow Good Branchou.Mondelez.Hershey General .JM Smuck. 
1M Rtn-69.1%-1.4%6.7%-11.7%-6.4%1.5%-3.9%
3M Rtn-79.4%19.0%5.5%-7.5%-23.3%-6.6%-7.0%
6M Rtn-85.1%17.1%10.3%13.7%-23.5%-4.6%2.8%
12M Rtn-81.6%78.8%-6.4%14.8%-34.4%-12.1%-9.3%
3Y Rtn-97.2%-18.1%-13.9%-28.6%-56.4%-31.6%-30.1%
1M Excs Rtn-78.5%-10.7%-2.7%-21.1%-15.8%-7.9%-13.3%
3M Excs Rtn-82.6%15.8%2.3%-10.7%-26.5%-9.8%-10.3%
6M Excs Rtn-90.9%9.7%2.6%2.3%-30.1%-9.0%-3.3%
12M Excs Rtn-109.1%49.7%-35.0%-16.2%-63.0%-39.9%-37.5%
3Y Excs Rtn-171.3%-92.2%-83.7%-102.2%-130.0%-103.8%-103.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Freeze-dried candy016000
Total016000


Net Income by Segment
$ Mil20252024202320222021
Freeze-dried candy-12-3   
Total-12-3   


Price Behavior

Price Behavior
Market Price$1.76 
Market Cap ($ Bil)0.0 
First Trading Date07/01/2010 
Distance from 52W High-92.4% 
   50 Days200 Days
DMA Price$5.25$9.21
DMA Trenddowndown
Distance from DMA-66.5%-80.9%
 3M1YR
Volatility141.8%151.3%
Downside Capture3.151.79
Upside Capture-219.3340.79
Correlation (SPY)9.0%10.1%
SOWG Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.50-0.470.901.011.231.01
Up Beta-1.67-1.61-0.09-1.84-1.090.01
Down Beta40.021.351.422.582.421.85
Up Capture-322%-276%-169%-64%34%12%
Bmk +ve Days15223166141428
Stock +ve Days9182753113277
Down Capture3796%354%364%256%194%112%
Bmk -ve Days4183056108321
Stock -ve Days13243671135344

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOWG
SOWG-80.7%150.8%-0.38-
Sector ETF (XLP)5.9%12.6%0.184.8%
Equity (SPY)29.7%12.5%1.8310.3%
Gold (GLD)39.6%27.2%1.216.2%
Commodities (DBC)50.7%18.0%2.180.1%
Real Estate (VNQ)12.1%13.5%0.6015.0%
Bitcoin (BTCUSD)-19.0%42.2%-0.3916.3%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOWG
SOWG-60.1%155.9%-0.25-
Sector ETF (XLP)6.8%13.2%0.296.9%
Equity (SPY)12.8%17.1%0.5912.1%
Gold (GLD)20.1%17.9%0.919.2%
Commodities (DBC)14.1%19.1%0.605.8%
Real Estate (VNQ)3.3%18.8%0.0812.8%
Bitcoin (BTCUSD)7.3%56.2%0.347.8%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SOWG
SOWG-41.6%202.5%0.50-
Sector ETF (XLP)7.6%14.7%0.393.4%
Equity (SPY)14.9%17.9%0.717.0%
Gold (GLD)13.4%15.9%0.703.2%
Commodities (DBC)9.7%17.7%0.464.7%
Real Estate (VNQ)5.6%20.7%0.234.4%
Bitcoin (BTCUSD)67.1%66.9%1.068.1%

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Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.4 Mil
Short Interest: % Change Since 3312026-9.2%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest3.9 days
Basic Shares Quantity0.8 Mil
Short % of Basic Shares45.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/27/202510.4%9.6%-19.0%
8/14/2025-19.4%-37.4%-11.3%
11/14/2024-56.8%-63.2%-72.5%
8/14/2024-34.8%-27.1%-46.9%
3/22/2024-6.8%27.6%65.7%
11/14/202345.4%25.5%45.4%
SUMMARY STATS   
# Positive232
# Negative434
Median Positive27.9%25.5%55.5%
Median Negative-27.1%-37.4%-32.9%
Max Positive45.4%27.6%65.7%
Max Negative-56.8%-63.2%-72.5%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/31/202610-K
09/30/202511/14/202510-Q
06/30/202508/14/202510-Q
03/31/202505/14/202510-Q
12/31/202403/27/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/15/202410-Q
12/31/202303/22/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/22/202310-Q
12/31/202204/14/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202205/13/202210-Q

Industry Resources

Packaged Foods & Meats Resources
USDA Data