Picture of Village Farms International logo

VFF — Village Farms International News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareAdventurousSmall CapSuper Stock

Brief: Village Farms International Q2 Sales USD 59.9 Million

Overview

Village Farms Q2 rev rises 12% yr/yr, missing analyst expectations

Adj. EBITDA from continuing ops hits record $17.1 mln, driven by margin improvements

Co completes transaction to privatize produce assets, receiving $40 mln cash

Outlook

Company expects continued profitable growth in 2026 and beyond

Company plans to expand cannabis cultivation capacity in Canada and Netherlands

Village Farms anticipates strong international export sales performance

Result Drivers

MARGIN IMPROVEMENTS - Canadian cannabis adjusted EBITDA up 146% YoY, driven by margin improvement initiatives

INTERNATIONAL SALES - International medical export sales increased 690%, boosting overall performance

PRODUCE TRANSACTION - Completion of produce asset privatization provided $40 mln cash, supporting future growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 SalesMiss$59.90 mln$61.20 mln (3 Analysts)
Q2 Operating Cash Flow$18 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the fishing & farming peer group is "buy" Wall Street's median 12-month price target for Village Farms International Inc is $2.50, about 31.2% above its August 8 closing price of $1.72 Press Release: ID:nGNX8Vs3PD (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Village Farms International

See all news