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Goodfood Market Corp (FOOD.TO)

FOOD.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Goodfood Market Corp Q3 Revenue More Than Doubled To $49.9 Million
Thursday, 11 Jul 2019 

July 11 (Reuters) - Goodfood Market Corp ::GOODFOOD REPORTS STRONG THIRD QUARTER RESULTS WITH GROSS MERCHANDISE SALES¹ RUN-RATE EXCEEDING $250 MILLION AND RECORD GROSS MARGINS FROM AUTOMATION INVESTMENTS AND GROWING SCALE.GOODFOOD MARKET CORP - ACTIVE SUBSCRIBERS INCREASED TO 189,000 AS AT MAY 31, 2019, A NET INCREASE OF 100,000 SINCE BEGINNING OF FISCAL YEAR 2019.GOODFOOD MARKET CORP - REVENUE FOR Q3 MORE THAN DOUBLED TO $49.9 MILLION, COMPARED TO $22.2 MILLION IN CORRESPONDING PERIOD OF FISCAL 2018.GOODFOOD MARKET CORP - REVENUE AND GROSS MERCHANDISE SALES FOR Q3 2019 WERE RESPECTIVELY $49.9 MILLION AND $61.2 MILLION.GOODFOOD MARKET CORP QTRLY LOSS PER SHARE $0.06.GOODFOOD MARKET CORP - Q4 OF GOODFOOD IS TYPICALLY SLOWEST QUARTER OF YEAR DUE TO SEASONAL DEMAND PATTERNS.GOODFOOD MARKET CORP - Q4 OF GOODFOOD IS TYPICALLY SLOWEST QUARTER OF YEAR DUE TO SEASONAL DEMAND PATTERNS.  Full Article

Goodfood Announces Guy Leblanc's Resignation As Board Member
Thursday, 18 Apr 2019 

April 18 (Reuters) - Goodfood Market Corp ::GOODFOOD CONGRATULATES GUY LEBLANC FOR HIS APPOINTMENT AS PRESIDENT AND CEO OF INVESTISSEMENT QUÉBEC AND ANNOUNCES HIS RESIGNATION AS BOARD MEMBER.GUY LEBLANC IS OBLIGED TO RESIGN AS A MEMBER OF BOARD OF DIRECTORS AND AS CHAIR OF AUDIT COMMITTEE OF CO.CURRENTLY EVALUATING ALTERNATIVES WITH RESPECT TO SELECTING A NEW DIRECTOR TO FILL VACANCY CREATED BY LEBLANC'S DEPARTURE.  Full Article

Goodfood Announces Bought Deal Financing To Invest In Automation, Expand Production Capacity In Western Canada
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Goodfood Market Corp ::GOODFOOD ANNOUNCES BOUGHT DEAL FINANCING TO INVEST IN AUTOMATION, EXPAND PRODUCTION CAPACITY IN WESTERN CANADA AND SCALE-UP NEW PRODUCT CATEGORIES.GOODFOOD MARKET CORP - UNDERWRITERS HAVE AGREED TO PURCHASE FROM COMPANY 5.7 MILLION COMMON SHARES OF COMPANY.GOODFOOD MARKET CORP - UNDERWRITERS HAVE AGREED TO PURCHASE FROM SELLING SHAREHOLDERS AN AGGREGATE OF 1.4 MILLION COMMON SHARES OF COMPANY.GOODFOOD MARKET - FINANCING TO ALLOW CO TO FURTHER AUTOMATE BOTH MONTREAL & CALGARY FACILITIES, EXPAND WESTERN CANADA'S PRODUCTION CAPACITY.GOODFOOD MARKET CORP - SHARES ARE BEING BOUGHT AT A PRICE OF $3.50 PER OFFERED SHARE.  Full Article

Goodfood Market Announces $10 Mln Bought Deal Financing
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Goodfood Market Corp ::GOODFOOD MARKET ANNOUNCES $10 MILLION BOUGHT DEAL FINANCING TO ACCELERATE GROWTH IN WESTERN CANADA, LAUNCH NEW MEAL SOLUTIONS AND INVEST IN AUTOMATION.GOODFOOD MARKET CORP - UNDERWRITERS HAVE AGREED TO PURCHASE 4 MILLION COMMON SHARES AT A PRICE OF $2.50 PER COMMON SHARES.  Full Article

Goodfood Market Says Philippe Adam Will Join Co As New CFO
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Goodfood Market Corp ::GOODFOOD MARKET CORP - ‍PHILIPPE ADAM WILL BE JOINING GOODFOOD TEAM AS COMPANY'S NEW CHIEF FINANCIAL OFFICER EFFECTIVE MARCH 23, 2018​.  Full Article

Goodfood Market Qtrly Adjusted Loss Per Share $0.05
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Goodfood Market Corp ::GOODFOOD MARKET CORP. REPORTS YEAR-OVER-YEAR REVENUE GROWTH OF 412% FOR THE FIRST QUARTER OF 2018.GOODFOOD MARKET CORP - ‍ON TRACK TO LAUNCH NATIONAL PLATFORM DURING FIRST HALF OF CALENDAR 2018​.GOODFOOD MARKET CORP - QTRLY ADJUSTED LOSS PER SHARE $0.05.GOODFOOD MARKET CORP - ACTIVE SUBSCRIBERS REACHED 45,000 AS AT NOVEMBER 30, 2017, UP FROM 8,000 AS AT NOVEMBER 30, 2016.GOODFOOD MARKET - ‍EXPECTS COMPANY TO EXPAND ITS CLIENT BASE AND BEGIN SERVING CUSTOMERS LOCATED IN WESTERN CANADA DURING FISCAL 2018​.GOODFOOD MARKET CORP - QTRLY REVENUE C$11.2 MILLION VERSUS C$2.2 MILLION.  Full Article

Goodfood Q4 Adjusted Loss Per Share C$0.05
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Goodfood Market Corp ::GOODFOOD REPORTS YEAR-OVER-YEAR REVENUE GROWTH OF 607%.GOODFOOD MARKET - ‍DURING Q4, CO ADDED 8,000 NET NEW SUBSCRIBERS, WHICH REPRESENTS AN INCREASE OF 35% FROM END OF Q3 OF 2017​.Q4 ADJUSTED LOSS PER SHARE C$0.05.- ‍REVENUE FOR Q4 GREW 652% TO $7.5 MILLION COMPARED TO $1.0 MILLION FOR CORRESPONDING PERIOD OF 2016​.- ‍EXPECT TO LAUNCH NATIONAL PLATFORM IN FIRST HALF OF CALENDAR 2018 WITH ADDITION OF A FACILITY IN WESTERN CANADA​.- ALL FIGURES IN C$.  Full Article

CANADA STOCKS-TSX futures rise on news of U.S.-China trade talks

Sep 5 Canada's main stock index futures edged up on Thursday, tracking global markets, after China and the United States agreed to hold high-level trade talks in early October in Washington.