Brief: Goodfood Reports Q1 Sales Fell 39% To C$47 Million

Goodfood Market

17/01/2023 11:36

Jan 17 (Reuters) - Goodfood Market Corp  FOOD.TO :
    * GOODFOOD REPORTS FIRST QUARTER GROSS MARGIN OF 35.6% AND
REAFFIRMS EXPECTATION OF POSITIVE ADJUSTED EBITDA1 NEXT QUARTER
FOLLOWING AN 85% YEAR-OVER-YEAR IMPROVEMENT THIS QUARTER
    * GOODFOOD MARKET CORP Q1 SALES FELL 39 PERCENT TO C$47.0
MILLION
    * GOODFOOD MARKET CORP - QTRLY  LOSS PER SHARE C$0.16
    * GOODFOOD MARKET CORP - RECONFIRMING OUR EXPECTED PATH TO
RETURN
TO POSITIVE QUARTERLY ADJUSTED EBITDA IN Q2 OF FISCAL 2023

Source text for Eikon:  ID:nGNX5PH95 
Further company coverage:  FOOD.TO 
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