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Real Good Foods Highlights Record Dollar Sales Figure in the Most Recent SPINS Measured Channel Results

CHERRY HILL, N.J., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (鈥淩eal Good Foods鈥� or the 鈥淐ompany鈥�), a鈥痩eading health and wellness frozen and refrigerated food company, today released the U.S. SPINS retail scanner performance data across all its products from the most recent period ending August 13^th, 2023⁽¹⁾. SPINS data captures consumption data in the Food, Drug and Mass retail channel, which represents approximately 50% of the Company鈥檚 sales.

Real Good Foods posted record Dollar Sales in Measured Channel with consumption of $8.9m in the four-week period ending August 13^th; fueled by growth in core categories and velocity increases.

• Real Good Foods brand in total grew 29% over the four-week period vs. Year Ago, and 82% vs. 2 Years Ago.
  • Real Good Foods core products, which include Entr茅e and Breakfast items, grew 46% over the four-week period vs. Year Ago while non-core items grew 17% vs. Year Ago.
• The overall Frozen category ⁽²⁾ was flat at 0.1% over the four-week period.
• The Health & Wellness Frozen Food subcategory ⁽²⁾, which includes Health and Wellness focused brands like Real Good Foods, grew 6.6% over the four-week period.

鈥淭hese results demonstrate the growing demand Consumers, and our Retail partners have for our items across our strategic platforms, Breaded Chicken, Global Entrees, and Breakfast.聽 People are realizing they can enjoy the foods they love without loading up on sugar or processed carbohydrates.聽 Today, 88% of US consumers are struggling with metabolic health conditions* related to diet, and it鈥檚 important these folks have healthier options. Our mission is to drive access and simply help people feel better every day, and live healthier lives,鈥� said Bryan Freeman, Executive Chairman at Real Good Foods.

^{Sources: 1. SPINS Total US MULO, excluding Costco, dollar sales for 4-week ending August 13th, 2023 2.The 鈥淥verall Frozen Category鈥� and 鈥淗ealth & Wellness Frozen鈥� category excludes Frozen and Refrigerated Meat, Poultry & Seafood. 88% of Consumers are metabolically unhealthy - https://www.unc.edu/posts/2018/11/28/only-12-percent-of-american-adults-are-metabolically-healthy-carolina-study-finds/}

About The Real Good Food Company

Real Good Foods (NASDAQ: RGF) is a leading health and wellness frozen foods company, providing a better way to enjoy聽your聽favorite foods. The Company鈥檚 mission is to provide 鈥淩eal Food You Feel Good About Eating鈥�, making聽delicious, nutritious聽foods that are low in聽sugar, low in聽carbohydrates聽and high in protein. The Real Good Foods family of products聽includes聽breakfast, lunch,聽dinner,聽and snacks 鈥� available in over 16,000 stores nationwide with additional direct-to-consumer options.

To learn more, please visit our website at realgoodfoods.com or join us on social media @realgoodfoods 鈥� where we maintain some of the largest followings in the frozen food industry today.

For interviews with Bryan Freeman, Executive Chairman, or press inquiries email AJStiffelman@realgoodfoods.com

Investor Contact
Akshay Jagdale

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