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Note 18 - Subsequent Events
12 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Subsequent Events [Text Block]

Note 18. Subsequent Events

 

Acquisition of Scharffen Berger

 

On July 1, 2024, the Company completed its acquisition of Scharffen Berger, a chocolate manufacturing company, expanding the Company's product offerings in the Gourmet Foods & Gift Baskets Segment.

 

The Company used cash on its balance sheet to fund the approximately $3.3 million purchase. Scharffen Berger annual revenue, based on its most recent available financial information, is deemed immaterial to the Company's consolidated financial statements.