Once Upon a Farm PBC shares tumbled 9.8% after the organic kids snacks maker delivered disappointing first-quarter results following its IPO. The company's forecast for slowing sales growth in 2026 triggered the sharp selloff, marking a challenging debut as a public company for the brand co-founded by actress Jennifer Garner.

Investors reacted negatively to the projected deceleration in revenue growth, which came as a surprise given the company's strong brand recognition and the growing market for organic children's snacks. The stock decline reflects broader concerns about growth prospects in the competitive packaged foods sector, where maintaining momentum post-IPO can prove difficult.

The earnings miss highlights the pressure on food startups to deliver consistent growth after going public. With shares now trading below their IPO price, Once Upon a Farm faces the challenge of convincing investors that its business model can sustain the growth rates expected of public companies in the consumer packaged goods space.