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The latest update is out from Goodfood Market Corp ( (TSE:FOOD) ).
Goodfood Market Corp reported its third-quarter results for 2025, showcasing net sales of $31 million and a gross profit of $14 million. Despite a year-over-year decline in net sales, the company achieved a positive adjusted EBITDA of $3 million and maintained a strong gross margin of 44.3%. The launch of the Heat & Eat meal solutions in Quebec and the successful performance of its acquisition, Genuine Tea, highlight Goodfood’s strategic focus on operational efficiency and product innovation. The company’s Bitcoin treasury strategy also contributed positively to its financial performance, underscoring its commitment to building a differentiated platform of next-generation food brands for Canadian consumers.
The most recent analyst rating on (TSE:FOOD) stock is a Hold with a C$0.30 price target. To see the full list of analyst forecasts on Goodfood Market Corp stock, see the TSE:FOOD Stock Forecast page.
Spark’s Take on TSE:FOOD Stock
According to Spark, TipRanks’ AI Analyst, TSE:FOOD is a Neutral.
The overall stock score is primarily impacted by the company’s weak financial performance, characterized by declining revenues and high leverage. While technical analysis shows short-term momentum, valuation metrics are unattractive. The earnings call provides some positive insights on profitability and strategic initiatives, but sales declines remain a significant risk.
To see Spark’s full report on TSE:FOOD stock, click here.
More about Goodfood Market Corp
Goodfood Market Corp is a leading Canadian online meal solutions company, focusing on providing innovative meal options to consumers. The company is expanding its offerings with products like Heat & Eat meal solutions and has made strategic acquisitions such as Genuine Tea to enhance its market presence.
Average Trading Volume: 128,504
Technical Sentiment Signal: Sell
Current Market Cap: C$24.24M
Learn more about FOOD stock on TipRanks’ Stock Analysis page.