Goodfellow Inc. Reports Q1 2025 Financial Results with Increased Sales but Net Loss

Goodfellow ( (TSE:GDL) ) just unveiled an announcement.

Goodfellow Inc. reported a net loss of $2.3 million for the first quarter ended February 28, 2025, despite achieving a 5.5% increase in sales to $111.2 million. The company’s financial performance was impacted by increased overhead costs related to wages, leases, and depreciation, as well as the integration of asset acquisitions in the U.S. Goodfellow remains focused on long-term opportunities and is actively managing supply chain risks associated with U.S. tariffs.

Spark’s Take on TSE:GDL Stock

According to Spark, TipRanks’ AI Analyst, TSE:GDL is a Neutral.

Goodfellow’s overall stock score is driven by a solid financial position despite recent profitability and cash flow challenges. The stock appears undervalued with a low P/E ratio and a high dividend yield, which are attractive for some investors. However, bearish technical indicators and negative market momentum present significant near-term risks.

To see Spark’s full report on TSE:GDL stock, click here.

More about Goodfellow

Goodfellow Inc. is a diversified manufacturer of value-added lumber products and a wholesale distributor of building materials and floor coverings. The company serves both commercial and residential sectors across Canada and the Northeastern U.S., leveraging a strong distribution network to reach lumber yard retailers, manufacturers, industrial and infrastructure project partners, and floor covering specialists. Goodfellow also engages in international lumber markets and is publicly traded on the Toronto Stock Exchange under the symbol ‘GDL’.

YTD Price Performance: -10.30%

Average Trading Volume: 2,957

Technical Sentiment Signal: Buy

Current Market Cap: C$96.91M

Learn more about GDL stock on TipRanks’ Stock Analysis page.