Maison Solutions reports Q3 revenue $29.5M vs. $32.3M last year

Reports Q3 net loss $5.2M, impacted approximately $3.9M in non-cash or non-recurring items. Reports Q3 cash position of $1.5M. “Our Q3 results demonstrate the successful execution of our ‘Quality over Quantity’ strategy,” said John Xu, CEO of Maison Solutions (MSS). “By proactively closing underperforming locations like El Monte, we have successfully optimized our store portfolio. This discipline is reflected in our 370-basis-point gross margin improvement, proving that a leaner, more efficient footprint is the path to long-term profitability.”