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Bullboard - Stock Discussion Forum Goodfood Market Corp T.FOOD.DB.A


Primary Symbol: T.FOOD Alternate Symbol(s):  GDDFF | T.FOOD.DB

Consumer Defensive Specialty Retail Grocery Stores
Goodfood Market Corp. is a Canada-based online meal solutions company. The Company delivers fresh meals and add-ons. It provides its customers with access to fresh and delicious products, as well as pricing by its culinary team and direct-to-consumer infrastructure and technology. It connects its partner farms and suppliers to its customers' kitchens directly. Its production facilities are... see more

TSX:FOOD - Post Discussion

Goodfood Market Corp > Stellar Numbers - Should be a good day?
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Post by Gringotts on Nov 11, 2020 9:15am

Stellar Numbers - Should be a good day?

GOODFOOD DELIVERS POSITIVE EBITDA AND NET INCOME FOR A SECOND QUARTER IN A ROW WITH RECORD ANNUAL REVENUES, POSITIVE EBITDA AND A REDUCED NET LOSS FOR THE YEAR
Montreal (Quebec), November 11, 2020 – Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD), a leading online grocery company in Canada, today announced strong financial results for the fourth quarter and fiscal year ended August 31, 2020, recording consecutive quarters of net income and positive Adjusted EBITDA for the first time ever, driven by new subscriber growth, increased order size and frequency, as well as continued margin expansion.
11/11/2020 6:35:00 AM
Comment by Analystika on Nov 11, 2020 5:08pm
I'll be interested to see analysis from the broader community on the results. But certainly achieving positive ebitda in their slowest quarter is a great sign.  Did anyone listen to the call this am? What was managements thoughts in the future growth rates/outlook in light of the Pfizer announcement?
Goodfood Market Corp
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