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.

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Goodfood Market Corp

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Post by jonathanSon Aug 08, 2022 8:18am

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$91.71M market cap Canadian online grocery store

Goodfood Market stock trades for $1.23 per share at writing. It is down by almost 90% from its 52-week high of $10.88 per share in August 2021.

Goodfood Market stock reported a decline in its revenue when it published its third-quarter performance results for fiscal 2022. Its revenue fell by 8.2% from its previous quarter. However, its gross margin improved by 2.2%, and its selling, general, and administrative expenses fell by 11.4%, spelling good news for the company.

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