Brief: Simply Better Brands Reports Q1 Sales $24.8 Mln

TRUBAR

11/04/2023 12:35

April 11 (Reuters) - Simply Better Brands Corp  SBBC.V :
    * SIMPLY BETTER BRANDS CORP.'S ANNOUNCES PRELIMINARY FISCAL
Q1
SALES REVENUE RECORD OF USD $24.8 MILLION
    * SIMPLY BETTER BRANDS CORP - WE REAFFIRM 2023 EXPECTED
OUTLOOK TO
EXCEED $80 MILLION IN CONSOLIDATED NET SALES, WITH EXPECTED
GROSS MARGIN BETWEEN 58%-60%
    * SIMPLY BETTER BRANDS CORP - PRELIMINARY GROSS PROFIT FOR
Q1 OF
2023 IS 55% COMPARED TO 66% IN Q1 OF 2022
    * SIMPLY BETTER BRANDS CORP - WE REAFFIRM OUR 2023 EXPECTED
POSITIVE ADJUSTED EBITDA IN RANGE OF USD $3-4 MILLION

Source text for Eikon:  ID:nCNWLjdrBa 
Further company coverage:  SBBC.V 

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