Goodfood Market Corp T.FOOD.DB

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

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Goodfood Market Corp > Stellar Numbers - Should be a good day?

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Post by Gringottson Nov 11, 2020 9:15am

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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

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