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Very Good Food Company Inc VGFCQ

Consumer Defensive Packaged Foods
Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.


GREY:VGFCQ - Post by User

Very Good Food Company Inc > Revenue projection deep(ish) dive
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Comment by freeradical1on Sep 03, 2020 6:22pm
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Post# 31508254

RE:RE:Revenue projection deep(ish) dive

RE:RE:Revenue projection deep(ish) diveI am sure that the revenue numbers are legit but read the reports and NRs to understand why sales went up. They undertook a marketing campaign to drive sales and spent a whack on ad spending and product placement. It is not hard to drive the top line if you are willing to sell product at a loss.

You can argue that costs will go down as they scale up manufacturing but then prices are going to go down as everyone and their dog starts selling the same stuff. You think that buyers will be paying $5 for a hot dog 6 months from now?
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