Goodfood Market Corp T.FOOD

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

Goodfood Market Corp. (Goodfood) is a Canada-based company, providing digitally native meal solutions brand. The Company is engaged in delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy meals at home every day. It provides access to fresh and delicious products, as well as exclusive pricing, made possible by its culinary team and direct-to-consumer infrastructure and technology. It is also focused on connecting its partner farms and suppliers to its customers’ kitchens. The Company's main production facility and administrative offices are based in Montreal, Quebec, with additional locations in the provinces of Ontario and Alberta. It is also engaged in providing premium tea varieties, which is available through Goodfood's meal kit subscriptions.

TSX:FOOD - Post by User

Goodfood Market Corp > Goodfood

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Comment by BatmanMTLon Aug 11, 2020 11:08am

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Post# 31392670

RE:Goodfood

The management team is young and ambitious. The moves they take are calculated. Based on last quarter, their pro-forma annual revenues are $400M. They are setting up warehousing facilities in more "progressive" areas such as Toronto and Vancouver, this will lift sales. The company is worth $400M today, so if it hits $14, will have to be $800M-$1B valuation. Is it possible, anything is possible.

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