Greenwich health food company announces strong sales growth
Cos Cob-based health food and beverage company Green & Tonic this week announced strong sales growth.
The brand’s 22 percent increase in year-over-year same-store sales, combined with a 29 percent system-wide increase in average unit volumes since last year resulted in a “strong financial performance,” the company said in a media statement.
Greenwich residents Jeffrey and Cai Pandolfino founded Green & Tonic in 2011 and it’s since grown to five locations, which include Cos Cob, Darien, Greenwich, New Canaan and its latest in Westport.
“We’re thrilled to see more and more consumers embrace healthy eating habits, which has led to exponential sales and traffic increases across all markets,” Pandolfino said in the statement. “We love that our guests are hugely benefiting as consumers transition to a healthier lifestyle.”
The company credited the success to the addition of its Westport cafe, successful launches of new food and beverage products, using customer messaging app Zingle and redesigning its website.
Much of the company’s growth, including its Westport cafe and website updates, has been fueled by its third round of funding, which closed last April and brought its total funding to roughly $3 million.
In an interview with Hearst Connecticut Media last year, the founders said they would continue to seek new funds as the company looks to expand outside of the state.
MBennett@greenwichtime.com, 203-625-4411; Twitter @Macaela_