Is Graze profitable?

Healthy snacking brand Graze has swung to a loss in the year of its sale to Unilever. The UK-based brand, which grew as a DTC business before winning retail listings across the mults, reported pre-tax losses of £1.2m for the 12 months ended 28 February 2019, compared to profits of £2.9m the prior year.

How much is Graze worth?

Unilever has bought healthy snack startup Graze, with plans to grow the business and use its technology to benefit its other brands. The price paid by the consumer goods giant for the snack subscription service was not disclosed, but the deal was worth a reported £150m.

Is Graze owned by Unilever?

Graze (stylised as graze) is a United Kingdom-based snack company which is owned by Unilever. Graze offers over 200 snack combinations through snack subscription boxes, an online shop and retailers.

Why is Graze successful?

The brand puts great emphasis on its use of data and customer feedback to push ahead with new recipes, roll back underperforming products, and constantly measure the results. It’s an agile strategy that has made Graze such a successful brand.

Who are grazes competitors?

graze.com’s top 5 competitors in March 2022 are: kindsnacks.com, naturebox.com, somersaultsnackco.com, eatseasonably.co.uk, and more.

Who founded Graze?

Graham BosherGraze / Founder

Is graze a good investment?

Bottom Line on Graze Graze is high-risk, high-reward play on automation in the commercial landscaping market. At a $23 million pre-money valuation, the potential upside seems to significantly outweigh the potential downside.

Who founded graze?

When did Unilever buy graze?

February 2019
However, Graze jumped from pre-tax losses of £1.2m to profits of £21.3m, thanks to the £29.2m proceeds from the £150m sale to Unilever completed in February 2019. Unilever saw off competition from Kellogg and PepsiCo to acquire Graze from previous owner Carlyle.

Is Graze still in the US?

Graze is one of the most convenient subscription boxes on the market since there is no signature required upon delivery, the box can fit in your mailbox, and you can have it shipped anywhere in the U.S. Whether it’s your home or work, you’ll never have to go snackless!