CENTR Brands Corp. Announces Q3 2021 Results Vancouver, British Columbia--(Newsfile Corp. - April 29, 2021) - CENTR Brands Corp. (CSE: CNTR) (FSE: 303) (OTCQB: CNTRF) (the "Company") is pleased to announce its financial results for its third fiscal quarter ending February 28, 2021.
| Description | Q3 2021
($) | Q2 2021
($) | Q1 2021
($) |
| Gross sales | 384,392 | 417,064 | 209,591 |
| Net sales | 324,964 | 341,153 | 150,571 |
| Net and comprehensive loss for the period | (759,960) | (726,616) | (786,103) |
*All amounts reflected in United States dollars
Q3 2021 Financial Results: The Company reported gross sales of USD $384,392 for Q3 2021, with the full financial statements for the quarter and related management's discussion and analysis ("MD&A") available under the Company's SEDAR profile at www.sedar.com.
"CENTR again demonstrated increasingly strong sales momentum in Q3," said Company Chairman & CEO Joseph Meehan. "We completely sold out of CENTR and were unable to produce more during Q3's first 6 weeks, due to the global aluminum can shortage caused by COVID-19. As of today, we have purchased millions and secured future millions of additional aluminum cans, so that everyone will Find Your CENTR anytime they want. Add to that the new distribution partnership we announced last week with Southern Glazer's Wine & Spirits and new products like CENTR on tap, we are prepared for further significant sales growth."
About CENTR Brands Corp. CENTR Brands Corp. is a better beverage company which develops and markets non-alcoholic beverages for the global market. The Company's first product, named CENTR, is a sparkling, low-calorie, CBD beverage.
www.findyourcentr.com
For further information, contact Joseph Meehan at jmeehan@centrcorp.com.
On behalf of the Board,
CENTR BRANDS CORP.
/s/ Joseph Meehan
Joseph Meehan, Chief Executive Officer
https://ceo.ca/@newsfile/centr-brands-corp-announces-q3-2021-results