$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.