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OGI — Organigram Global News Story

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Brief: Organigram Global Expects Annualized Run-Rate Cost Savings Of $8 Million-$10 Million In Fiscal 2027

BRIEF-Organigram Global Expects Annualized Run-Rate Cost Savings Of $8 Million-$10 Million In Fiscal 2027

- Organigram Global Inc OGI.TO:

  • ORGANIGRAM GLOBAL - EXPECTS ANNUALIZED RUN-RATE COST SAVINGS OF $8 MILLION-$10 MILLION IN FISCAL 2027

  • ORGANIGRAM GLOBAL - SAVINGS EXPECTED TO REACH $5 MILLION-$6 MILLION IN FISCAL 2027, FULL BENEFIT IN FISCAL 2028

  • ORGANIGRAM GLOBAL - TO DISCONTINUE THREE BRANDS AND TRIM SKU ASSORTMENT IN FISCAL 2027

  • ORGANIGRAM GLOBAL - ONE-TIME INTEGRATION COSTS EXPECTED TO BE $2 MILLION IN FISCAL 2027

  • ORGANIGRAM GLOBAL - INVESTMENT WILL BE CONCENTRATED BEHIND COMPANY'S THREE CORE BRANDS, SHRED, BOXHOT AND BIG BAG O' BUDS

  • ORGANIGRAM GLOBAL - EXPECT LOWER UNIT COSTS, MORE CONSISTENT QUALITY AND STRONGER GROSS MARGINS OVER TIME IN OUR OPERATIONS

Source text: ID:nBw6f7fp0a

Further company coverage: OGI.TO


((Reuters.Briefs@thomsonreuters.com;))

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