Bong Q2: First comment - Redeye

Redeye is happy to see that Bong has been able to raise prices and restore gross margins faster than we expected. Q2 sales increased by 27%, a testimony to the massive price increases implemented, and more will be feeding through in Q3. Light packaging continues to show strong growth, which is even more encouraging. We will most likely make some positive adjustments to our near-term forecasts.

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