Odd Burger Pauses U.S. Expansion to Focus on Canadian Market

An update from Odd Burger Corporation ( (TSE:ODD) ) is now available.

Odd Burger Corporation has decided to halt its U.S. expansion plans due to escalating political tensions and tariff uncertainties between Canada and the U.S. Instead, the company will focus on strengthening its Canadian manufacturing and franchise operations, aiming to capitalize on the growing demand for plant-based products in Canada. This strategic shift is expected to support Canadian companies transitioning to plant-based products and presents a growth opportunity for Odd Burger in its core market.

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 operates smart kitchens and utilizes advanced cooking technology to offer healthier and sustainable fast food options. Their products are distributed through foodservice lines and sold at grocery retailers, with a focus on creating guilt-free fast food.

YTD Price Performance: -22.58%

Average Trading Volume: 33,136

Technical Sentiment Signal: Hold

Current Market Cap: C$23.62M

For a thorough assessment of ODD stock, go to TipRanks’ Stock Analysis page.