Edition:
United Kingdom

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. 

Company Quote

2.76
-0.05 -1.78%
23 Aug 2019