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Freshii Inc (FRII.TO)

FRII.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lifeway Foods Announces Distribution Expansion With Freshii
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Lifeway Foods Inc::LIFEWAY FOODS - ANNOUNCED DISTRIBUTION EXPANSION WITH FRESHII, WHICH WILL NOW OFFER LIFEWAY FROZEN KEFIR AND SMOOTHIES IN ALL U.S. LOCATIONS.  Full Article

Freshii Inc System-Wide Sales Grew To $45.8 Mln In Q3, Up 26 Pct
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Freshii Inc ::FRESHII INC ANNOUNCES THIRD QUARTER FISCAL 2018 RESULTS; DECIDES TO WITHDRAW OUTLOOK THROUGH FISCAL 2019; AND ANNOUNCES TSX ACCEPTANCE OF NORMAL COURSE ISSUER BID.COMPANY'S SYSTEM-WIDE SALES GREW TO $45.8 MILLION IN Q3 2018, AN INCREASE OF 26% COMPARED TO Q3 2017.SAME-STORE SALES GROWTH FOR Q3 2018 WAS 0.8%, COMPARED TO SAME-STORE SALES GROWTH OF 5.1% FOR Q3 2017.NCIB PROGRAM COMMENCES ON NOVEMBER 12, 2018 AND WILL TERMINATE ON NOVEMBER 11, 2019.MANAGEMENT HAS DETERMINED TO WITHDRAW ITS OUTLOOK FOR SAME STORE SALES GROWTH OF 3.0% - 4.0% FOR PERIOD FISCAL 2018 THROUGH FISCAL 2019.  Full Article

Freshii Inc - Company Opened 25 Net New Stores In Q2 2018
Thursday, 9 Aug 2018 

Freshii Inc ::. ANNOUNCES SECOND QUARTER FISCAL 2018 RESULTS.COMPANY'S SYSTEM-WIDE SALES GREW TO $46.3 MILLION IN Q2 2018, AN INCREASE OF 34% COMPARED TO Q2 2017.COMPANY OPENED 25 NET NEW STORES IN Q2 2018.SAME-STORE SALES GROWTH FOR Q2 2018 WAS 0.9%.COMPANY REITERATES ITS OUTLOOK FOR PERIOD THROUGH END OF FISCAL 2019.QTRLY TOTAL REVENUE $5.6 MILLION VERSUS $4.4 MILLION.Q2 REVENUE VIEW $5.7 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Freshii Q1 Same-Store Sales Growth 1.6 Pct
Wednesday, 9 May 2018 

May 9 (Reuters) - Freshii Inc ::FRESHII INC. ANNOUNCES FIRST QUARTER FISCAL 2018 RESULTS.FRESHII INC - SYSTEM-WIDE SALES GREW TO $39.0 MILLION IN Q1 2018, AN INCREASE OF 34%.FRESHII INC - SAME-STORE SALES GROWTH FOR Q1 2018 WAS 1.6%.FRESHII INC - REITERATES ITS OUTLOOK FOR PERIOD THROUGH END OF FISCAL 2019.  Full Article

Freshii Inc says Michael Allen Has Resigned As Director
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Freshii Inc ::FRESHII INC - MICHAEL ALLEN HAS RESIGNED AS A DIRECTOR OF COMPANY.FRESHII - ALLEN WAS REQUIRED TO TENDER HIS RESIGNATION "SOLELY AS A RESULT OF A CHANGE IN CIRCUMSTANCES RELATED TO HIS PERSONAL BUSINESS INTERESTS".FRESHII INC - ALLEN INTENDS TO REMAIN ENGAGED WITH FRESHII IN SOME CAPACITY GOING FORWARD.  Full Article

Freshii announces qtrly total revenue $4.5 million
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Freshii Inc :Freshii Inc. announces third quarter fiscal 2017 results.Freshii Inc - ‍Same-store sales growth for 13 week period ended September 24, 2017 was 5.1%​.Freshii Inc - ‍Company raised same-store sales growth outlook to "approximately 5%" for fiscal 2017​.Freshii Inc - Sees ‍system-wide sales growing to between $275 million and $285 million by end of fiscal 2019​.Freshii Inc - ‍Starting with Q1 of 2018, company will no longer add locations opened on an enhanced openings basis to its store opening count​.Freshii Inc - ‍Still expect to achieve between 90 and 95 net new openings in fiscal 2017​.Freshii Inc - Qtrly total revenue $4.5 million versus $4.2 million ‍​.Freshii Inc qtrly ‍net loss $988,000 versus income of $601​,000 last year.Q3 revenue view $4.7 million -- Thomson Reuters I/B/E/S.Freshii Inc qtrly ‍adjusted net income $327,000 versus $893​,000.  Full Article