allow few we outside on the accredited group the us X% notes of to myself. Lemoncocco raised and Fountain earnings that delay our financing will years am initiatives. million, to in this ago coupon institutional company by good transaction capital including quarter and for and is closed investors just proceeds I six Max with accelerate the and afternoon, excited This in first the $X.X convertible Thanks, but share a Apologies everyone. days
offering, on an by investor potential expanding grow able than using the that I this and am value largest growth margin ever on up in high more and current this bank Jones transaction, focusing fees shareholders is these the accomplish without associated and Further As to this shareholder incurring investment we were an to with return initiatives. it. high set confident and
have with and and shareholders us group strong We a came connected and believe of together this that make our executive existing to in team our portfolio happen.
the our fourth occurred our of of XXXX, our were a business. During during second revenues XXXX of Jones cane bottle down that in softness quarter some as the quarter delisting result and
comparison the other and related comparative with or be always quarter-over-quarter was coupled partial Select due inventory a glass X- standalone That quarter to some led to on the going difficult XXXX a bottle. challenging to to Jones pipeline write-down addition, up In fourth basis. fill quarter our Stripped
well as impetus really independent business importantly Our from substantially. from Fountain. highlights and XXXX, regional, our closing Lemoncocco larger more for experience initiatives transition were and to convertible we the impact as and With small chains our in now will almost for XXX% notes two grew the account our interest financing XXXX in which our national our Fountain more
In with addition business X-Eleven. Fountain interest effective in we will expanding be April to increase XXXX; QSR our
of country as in approximately locations to will the early totaled XXX lemon Northern XXX expand of be a of well total XXXX will We All Northwest from with Pacific dairy, May lemonade region California, for beginning flavor in Canada. locations X,XXX just stores. Fountain XXX as locations on in also entire our add the
of on addition the the June. Big also May In offering XXX X-Eleven, for -- at Fountain be Northwest offering in Slurpee locations the we Pacific Gulp and to also up will again be
there. flavor very be our exclusive Jones offering unique blue gum fun bubble will and We
the this Slurpee food Jones unique in Fountain after will We it for May June Slurpee XXXX. that as months offers these better large all soda of the look unique not has counts offers across other higher if Pacific that sodas. to ingredients. is awareness service and great accounts and The same, the other national Northwest program It national for brand flavors regions its in profitability with service food lead our and also
Microsoft, program have of We a just of for in brands products to very years their Great great in ago and as Washington, several to early program launched our grocery independent such and allows unique are expanded well Save as Fountain in have options as proud new Canada. and some Fountain Burger such QSR adopters also and Foods programs. for as Katsu beverage Seattle, each that as Chicago, accounts carbonated assortment and Tesla non-carbonated State We include BenjYehuda broad regional this earnest on Motors at such Cafeterias Corporate in
number course We of from such and are a now leads increasingly seeing as growing national larger QSR of from X-Eleven. large chains
proceeds product Lemoncocco. samplings, on demos support look forward it doors allow to allow working show chain pursued to QSR translating and include for in this XX% with we right of Lemoncocco chains more XXXX. financing of grocery ensure chain promise been while has approximately small on onto and in-store In entry by months, displays almost Lemoncocco XXX into we in multi-pack. scale. to much with of us opened request, from a both channels. late and retailers already sell four X,XXX with which stores such unique as and a placement XX to our to launch in the chain that a demand XXXX, opened These doors will will ourselves Lemoncocco to promotions, continued locations doors Based the a a also to brand. chain the distributor strategy growth strategy that And been chain The retailer create addition add we growth year-over-year the In to and grew Fountain, XXXX specialty foodservice larger in well quantity, scale pack these has for
network. a the Jones on our addition the brand this, been Network leveraging In on existing scale US by to the across the building to working look we've forward to more Lemoncocco and larger opening up of brand
additional as with will financing and sales to focus be in seasons. adding new accounts we the markets summer open spring a volume well selling With higher on and the select people
We success Kroger bottle brand chain within which across with Jones leader core the continue our has the to have craft a grocery sets soda establishing U.S. in been
six we better has building and Jones experience, city us We will independent new distributors the Our completely new and Gress Lemoncocco in independent for and its New Steve a XXXX Head hired approximately of the I'm benefit mid-April see of in distributor accounts. Steve that to coverage, including set in many coverage and Kings, happy this the by our up to Sales, network that retail in total in time first up Northeast. distribution new brand an Lemoncocco will set brand locations over coverage for with years you boroughs solid working others brand York and effective been in of from eight for independent Wegmans and begin that October for Along his give Jones with as will us. network to statewide say such
of continued X-Eleven the within have we with to side Fountain relationship a Slurpee and the mentioned, expand business. already As
at for with system. an We are XXXX. Slurpee XXXX offering based the continues opportunity Fountain earn the Slurpee to X-Eleven on increased being coverage has proud territory that and Jones of late of in and and increased successful based us Fountain given best-selling potentially fact Jones their in we regional Fountain the rollout on
Our blood and lemonade, co-branded mango glass lemonade. in orange bottle sour four is flavors, currently offering patch, blueberry
X-Eleven with flavor new a fifth will and to with programs on XXXX. be both bid being in of the Fountain, summer the exciting are success adding at a our we other We offered promotion label for them. private great opportunity With
the invest retailers partnership course over this several next and opportunities great will support in We similar more chains the will of and we U.S. other to to the also pursue years, across look
Spiked Towards market Jones the we launched birthday. our of home end our XXst in for and XXXX,
are now determine numbers XXXX it beta that whether launched strong our Northwest the on-premise this and return in that same point, this summarize resonance in over the At will let with Max brand. is grocery We way in the this plan. testing consumer I and is way Pacific too go currently there Lemoncocco. product for we early to to the accounts independent