Brief: Simply Better Brands Corp. Announces Year End 2022 Financial Results

TRUBAR

04/05/2023 13:43

May 4 (Reuters) - Simply Better Brands Corp  SBBC.V :
    * SIMPLY BETTER BRANDS CORP. ANNOUNCES YEAR END 2022
FINANCIAL
RESULTS OUTPERFORMING OUTLOOK AT $65.4 MILLION IN REVENUE, 68%
GROSS MARGIN, AND $1.2 MILLION IN ADJUSTED EBITDA
    * SIMPLY BETTER BRANDS CORP - FY EXPECTATION FOR
CONSOLIDATED NET
SALES TO EXCEED $80 MILLION
    * SIMPLY BETTER BRANDS CORP - EXPECTS FY GROSS MARGIN AS A
PERCENTAGE OF NET SALES TO BE BETWEEN 58% AND 60%
    * SIMPLY BETTER BRANDS CORP - EXPECTS TO ACHIEVE POSITIVE
ADJUSTED
EBITDA IN RANGE OF $3-4 MILLION IN FY

Source text for Eikon:  ID:nCNW8MGY6a 
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