Odd Burger Secures National Listing with 7-Eleven Canada

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

Odd Burger Corporation has announced an exclusive national listing with 7-Eleven Canada for its retail product line, which includes four plant-based products. This partnership will see Odd Burger’s products available in over 500 7-Eleven locations across Canada by mid-June, with exclusive distribution in the convenience-store category for six months. This collaboration is expected to significantly boost Odd Burger’s production output and diversify its revenue sources, enhancing its industry positioning and providing more accessible plant-based food options to the public.

Spark’s Take on TSE:ODD Stock

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

Odd Burger Corporation faces significant financial challenges with negative profitability and high leverage, heavily impacting its stock score. Technical indicators and valuation metrics also reflect a bearish outlook. While recent corporate events show potential for operational improvements, they are insufficient to offset the overall financial risks and market uncertainties.

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 manufactures a proprietary line of plant-based protein and dairy alternatives. Its products are distributed to Odd Burger restaurant locations and sold at grocery retailers through its consumer-packaged goods line. The company operates smart kitchens using advanced cooking technology and automation solutions to provide healthier and sustainable fast-food options.

Average Trading Volume: 23,097

Technical Sentiment Signal: Sell

Current Market Cap: C$20.18M

For an in-depth examination of ODD stock, go to TipRanks’ Stock Analysis page.