Why the Youfoodz (ASX:YFZ) share price is pushing higher

The Youfoodz Holdings Ltd (ASX: YFZ) share price has been a positive performer on Monday morning.

In early trade, the readymade meals company’s shares are up 2.5% to $1.02.

Despite this, the Youfoodz share price is still down 32% from its December IPO price of $1.50.

Why is the Youfoodz share price pushing higher today?

Investors have been buying the company’s shares this morning following the release of its second quarter update.

According to the release, Youfoodz has reported strong growth and performance across its key operating metrics during the quarter.

For the three months ended 25 December, Youfoodz prepared over 4.8 million meals across both its B2C and B2B channels. This was up 28% on the prior corresponding…