Wildpack Beverage Reports Strong Performance in May 2023 with Increased Throughput and Customer Orders and Provides Bi-Weekly MCTO Update

May 2023 Highlights (in USD):

• Confirmed Customer Orders: $8,214,053.
• Confirmed Sales Orders: 277.
• New Customer Conversions: 49.
• Total Throughput: 37,973,945 cans.
• Decoration Throughput: 5,092,044 cans.
• Filling Throughput: 3,395,893 cans.
• Printed Sleeve Throughput: 4,227,921 sleeves.
• Brokering Throughput: 25,258,087 cans.
• Plant Utilization: 41%.

VANCOUVER, BC / ACCESSWIRE / June 13, 2023 / Wildpack Beverage Inc. (TSXV:CANS) (OTC PINK:WLDPF) ("Wildpack Beverage" or the "Company") a leading middle market co-packer of canned goods announced impressive performance (all currency amounts in USD) for the month of May 2023. The Company reported a record confirmed customer orders amounting to $8,214,053, with confirmed sales orders reaching 277. Additionally, Wildpack Beverage achieved 49 new customer conversions.

Foto: Accesswire

Throughout May, Wildpack Beverage demonstrated its operational excellence by achieving a total throughput of 37,973,945 cans, showcasing its commitment to meeting customer demands. The Company decorated 5,092,044 cans with its captivating branding and filled 3,395,893 cans. Moreover, Wildpack Beverage printed 4,227,921 sleeves and brokered 25,258,087 cans. At the end of May, Wildpack Beverage's printing division ranked #1 in the North America South West region, #1 across all of North America and #2 Worldwide by Hewlett Packard for commercial print volume. Of these achievements total throughput and brokered cans were new monthly records, highlighting the Company's dedication to efficient high-volume production.

With plant utilization reaching a record 41%, Wildpack Beverage continues to maximize its operational capacity and leverage its two key operating sites in Las Vegas and Baltimore. The Company has maintained its focus on operational efficiency, ensuring a smooth transition during the relocation process of one of its co-packing lines. By effectively managing its operations, Wildpack Beverage has sustained strong relationships with its existing customer base while continuing to attract new customers.

"We are thrilled to see our strong performance in May and continued trend of improvement across key leading and lagging indicators," said Mitch Barnard, CEO of Wildpack Beverage. "Our commitment to operational excellence and customer satisfaction remains unwavering. As we continue to navigate our facility transition and planned build out, we are confident in our ability to deliver outstanding products and services to our growing valued customers."