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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

Post by thebeston Nov 28, 2021 5:45pm
229 Views
Post# 34174110

hiti sales of $ 41.91 milions usa

hiti sales of $ 41.91 milions usa

High Tide Inc. (NASDAQ:HITI) Expected to Announce Quarterly Sales of $41.91 Million

 

Equities analysts predict that High Tide Inc. (NASDAQ:HITI) will post sales of $41.91 million for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for High Tide’s earnings, with the highest sales estimate coming in at $43.01 million and the lowest estimate coming in at $41.04 million. High Tide reported sales of $18.82 million during the same quarter last year, which indicates a positive year-over-year growth rate of 122.7%. The business is scheduled to issue its next quarterly earnings results on Monday, March 7th.

On average, analysts expect that High Tide will report full year sales of $144.11 million for the current financial year, with estimates ranging from $142.80 million to $146.11 million. For the next fiscal year, analysts anticipate that the company will report sales of $283.49 million, with estimates ranging from $238.60 million to $325.68 million. Zacks’ sales averages are a mean average based on a survey of research firms that follow High Tide.

 

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