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The Calmer Co ecommerce sales exceed $6000 a day in October

ASX News, Consumer
ASX:CCO      MCAP $17.61M
01 November 2023 11:40 (AEST)

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The Calmer Co International (ASX:CCO) has reported an increase in its ecommerce sales performance for October.

The health and wellness company specialises in natural products designed to enhance calmness, support mental and muscle relaxation, and improve sleep.

“Ecommerce is our first growth pillar and has been the focus over the last six months, the solid foundation built with RooLife in Australia has now been taken forward by The Calmer Co team in October and the results in Australia are very promising, indeed, we continue to be the number one instant kava product on Amazon,” CCO CEO Anthony Noble said.

The company reported that global ecommerce sales for the month of October reached more than $190,000, marking a 42 per cent increase from the previous record high of $130,000 in September.

Ecommerce sales in Australia exceeded $70,000 in October, an 82 per cent increase compared to September, and the US also showed growth, surpassing $120,000 in October, a 30 per cent increase from September.

Daily global ecommerce sale rates have now exceeded $6000 and continue to grow across all channels.

Mr Noble credited the company’s growth to platforms like Amazon and its distribution in Coles Australia, which have contributed to building the company’s brand profile and consumer trust.

CCO last traded at 0.4 cents.

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