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GDDFF / Goodfood Market taking ‘meaningful steps toward profitability' but debt worries persist, Canaccord says

Goodfood Market taking ‘meaningful steps toward profitability' but debt worries persist, Canaccord says
Goodfood Market Corp has earned a repeat ‘Hold' rating with a reduced price target of C$0.50 down from C$0.60 from Cannacord Genuity analysts following the release of the meal-kit provider's 4Q 2022 results. In a note to clients, analysts wrote that Goodfood had posted earnings in line with the expectations set out alongside the company's announcement in November that it would be exiting the on-demand grocery (ODG) business, with revenue of $50 million and adjusted earnings before interest, taxes, depreciation, and amortization coming in at a loss of $2 million. Read More
Posted: Dec 5 2022, 12:13
Author Name: Proactive Investors
Views: 102146

GDDFF News  

Goodfood Market earns price target raise on improved profitability in 2Q

By Proactive Investors
April 13, 2023

Goodfood Market earns price target raise on improved profitability in 2Q

Goodfood Market's profitability improvements and strengthened balance sheet in the fiscal second quarter of 2023 have warranted a price target bump, a more_horizontal

Goodfood Market Corp. (GDDFF) Q2 2023 Earnings Call Transcript

By Seeking Alpha
April 12, 2023

Goodfood Market Corp. (GDDFF) Q2 2023 Earnings Call Transcript

Goodfood Market Corp. (OTCPK:GDDFF) Q2 2023 Earnings Conference Call April 12, 2023 8:00 AM ET Company Participants Jonathan Ferrari - CEO Ross Aouame more_horizontal

Goodfood Market attracts praise from analysts who reiterated 'Hold' position as challenges remain

By Proactive Investors
January 19, 2023

Goodfood Market attracts praise from analysts who reiterated 'Hold' position as challenges remain

Goodfood Market Corp (TSX:FOOD) received words of praise from analysts at Stifel and Canaccord today but neither broker has put the online meal kit more_horizontal

Goodfood Market Corp. (GDDFF) Q1 2023 Earnings Call Transcript

By Seeking Alpha
January 17, 2023

Goodfood Market Corp. (GDDFF) Q1 2023 Earnings Call Transcript

Goodfood Market Corp. (OTCPK:GDDFF) Q1 2023 Results Conference Call January 17, 2023 8:00 AM ET Company Participants Jonathan Ferrari - Chief Executiv more_horizontal

Goodfood Market taking ‘meaningful steps toward profitability' but debt worries persist, Canaccord says

By Proactive Investors
December 5, 2022

Goodfood Market taking ‘meaningful steps toward profitability' but debt worries persist, Canaccord says

Goodfood Market Corp has earned a repeat ‘Hold' rating with a reduced price target of C$0.50 down from C$0.60 from Cannacord Genuity analysts follo more_horizontal

Goodfood Market Corp. (GDDFF) Q4 2022 Earnings Call Transcript

By Seeking Alpha
December 2, 2022

Goodfood Market Corp. (GDDFF) Q4 2022 Earnings Call Transcript

Goodfood Market Corp. (OTCPK:GDDFF) Q4 2022 Results Conference Call December 2, 2022 8:00 AM ET Company Participants Jonathan Ferrari - Chief Executiv more_horizontal


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