Company News, Financial News

Net Sales for Naples Soap Company Decline 3% in Q2 2023

High inflation on consumer spending and Hurricane Ian’s wrath to blame.

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By: Lianna Albrizio

Associate Editor

Total sales for Naples Soap Company were roughly $5.62 million in the six months ended June 30, 2023 compared to the roughly $5.77 million reported for the six months ended June 30, 2022, a 3% decrease, officials said.   “We’re continuing to see the effects of high inflation on consumer spending, a slow-down in tourism and the lingering consequences of Hurricane Ian,” said Deanna Wallin, founder and CEO of Naples Soap Company. “These three factors have contributed to a decrease in our re...

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