Odd Burger Expands Canadian Distribution with Dot Foods Deal

Odd Burger Corporation ( (TSE:ODD) ) has provided an announcement.

Odd Burger Corporation has announced a new distribution deal with Dot Foods Canada, which will significantly expand the reach of its plant-based products across Canada. This partnership will enhance Odd Burger’s ability to service national grocery and restaurant chains by providing a convenient distribution channel and a national pricing program. The deal is expected to simplify logistics and production processes, driving efficiency and potentially increasing revenue for the company.

Spark’s Take on TSE:ODD Stock

According to Spark, TipRanks’ AI Analyst, TSE:ODD is a Underperform.

Odd Burger Corporation faces severe financial challenges with persistent losses and high leverage, significantly impacting its stock score. While there are strategic initiatives like AI integration and franchise expansion, high financial risk and lack of clear technical momentum keep the overall score low.

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

More about Odd Burger Corporation

Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that produces plant-based protein and dairy alternatives. The company distributes its products to its restaurant locations and sells them at grocery retailers. Odd Burger is known for its smart kitchens, which utilize advanced cooking technology and automation to offer healthier and sustainable fast-food options. The company is traded on the TSX Venture Exchange and the OTCPK.

Average Trading Volume: 22,598

Technical Sentiment Signal: Sell

Current Market Cap: C$21.66M

For detailed information about ODD stock, go to TipRanks’ Stock Analysis page.