MONTREAL, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD), a
leading home meal solutions company in Canada, announced today it has achieved record quarterly subscriber growth with the addition
of 37,000 net new active subscribers in the first quarter of 2019 ended November 30, 2018. This represents an increase of 42%
over August 31, 2018 and an increase of 180% over November 30, 2017. Goodfood had 126,000 total active subscribers at the end of
the quarter.
"We are extremely pleased with the strong growth recorded in the first quarter of 2019 as we achieved our best
quarter by far in terms of subscriber additions. We entered Fiscal 2019 with strong momentum in all our core markets across the
country," said Jonathan Ferrari, Chief Executive Officer of Goodfood. "This record growth clearly demonstrates the effectiveness of
our targeted marketing campaigns and the strength of our improved consumer experience. With the largest recipe offering in the
industry and value-added solutions such as L’Artisan and Easy-Prep, we are increasing loyalty among existing subscribers and
accelerating the adoption rate."
About Goodfood
Goodfood is a leading home meal solutions company in Canada, delivering fresh ingredients that make it easy for
subscribers to prepare delicious meals at home every week. Goodfood’s objective is to take the hassle out of cooking, leaving
subscribers with the fun part - cooking, sharing with family and eating. Subscribers select their favorite dishes from a variety of
originally developed recipes online. The Company prepares a personalized box of fresh ingredients and delivers it to the
subscriber's doorstep with easy step-by-step instructions. Headquartered in Montreal, Canada, Goodfood had 126,000 active
subscribers as of November 30, 2018. www.makegoodfood.ca
For further information:
Philippe Adam, Chief Financial Officer
1(855) 515-5191
IR@makegoodfood.ca
