Goodfood Market Corp T.FOOD.DB.A

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

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 > Did FOOD go out of business? Is it going bankrupt?

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Comment by FabulousFabQc01on Jan 10, 2023 10:27pm

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Post# 35214888

RE:RE:RE:RE:RE:Did FOOD go out of business? Is it going bankrupt?

I never bought the stock of that company. Think about it; what are their competitive advantages? Do they have anything unique?

They are burning cash...

And what catalyst can drive the business? I don't see any; end of the stay at home, inflation = we cook more, worst product for the environment....

Finally, what can we say about their decision to offer grocery delivery? A direct battle with Walmart and with Sobey's....

Not sure when, but this company will get to 0. Their last hope is to be sold...but they are all losing $ in this industry.

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