Local bounti announces first quarter 2024 financial results

First customer deliveries from washington and texas facilities shipping in second quarter expands penetration in pacific northwest and texas with new retail customers, including albertsons seattle and brookshire's expected to close on $228 million of financing commitments in the second quarter to support 2024 projects — including additional capacity at existing facilities and building of a new greenfield facility in the midwest grab-and-go salad kits gaining distribution momentum provides full year 2024 sales guidance of $50 to $60 million, representing a doubling of revenue versus 2023 hamilton, mont. , may 9, 2024 /prnewswire/ -- local bounti corporation (nyse: locl) ("local bounti" or the "company"), a breakthrough u.s. indoor agriculture company, today announced its financial results for the three months ended march 31, 2024 and provided initial full year 2024 guidance.
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