RE:Next For HEXO -> Kraft Foods ?quinlash wrote: Speculation on who the Fortune 200 CPG parther is includes; Kellogg's, Kraft and Mondolez (the maker of Oreo Cookies)
The Tyson deal came as a surprise, with absolutely no warning, the F-200 partnership has been rumored since the summer of 2021 when the former CEO noted it during a YouTube interview.
It is not some gummies to pump Hexo that will save it. Hexo needs good revenue, not declining one. It is for now a pumping game for Hexo to last the longer possible. The management want their paycheck for the longest time. Hexo has less revenue than 2 quarters back. The reality is that each new venture has cost and take time to make profit if it ever does. A company with declining revenue need profit to support its expansion. This is why this is all powder in the eyes.
HEXO
CAD in Millions except per share data
Quarterly YoY % Chg Apr 22 Jan 22 Oct 21 Jul 21 Apr 21
Total Revenue -13.63% 45.57 52.76 50.19 38.76 22.66