Education
About Us
Working with TipRanks
Follow Us
Goodfood Market Corp (TSE:FOOD)
TSX:FOOD
Earnings Data
Report Date
Apr 15, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.03Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed a cautious but constructive tone: meaningful operational and margin improvements, positive adjusted EBITDA and free cash flow, and liquidity of roughly $14.5M are clear positives. However, the company faces significant top-line pressure (net sales down 21%), a contracting active customer base, elevated leverage and higher fulfillment/shipping costs. Management is prioritizing discipline, cash generation, portfolio diversification and strict M&A criteria, and expects a multi-quarter turnaround (target ~18 months). Overall, positives around cash generation and margin resilience are partially offset by persistent revenue weakness and balance-sheet concerns.Company Guidance
Positive Adjusted EBITDA and Free Cash Flow
Adjusted EBITDA was positive at $1.0M (down from $1.6M a year ago) and adjusted free cash flow was $1.2M for the quarter, demonstrating the business can generate cash at lower volumes.
Operating Cash Flow Turned Positive
Cash flows from operating activities were positive at $1.4M, and capital expenditures were low (~$160k), supporting disciplined cash generation.
Material Gross Margin Improvement
Gross margin improved to 42.3% from 39.6% year-over-year, an increase of 270 basis points (2.7 percentage points), driven by higher average order value and lower incentives.
Higher Net Sales per Active Customer
Net sales per active customer increased meaningfully year-over-year as the company prioritized profitable demand and reduced discounting and incentives.
Portfolio Diversification Progress
Adjacencies such as the 'Genuity/Genuine Tea' business and other 'heat-and-eat' offerings are performing well, contributing to higher basket values and helping diversify revenue away from core meal-kits.
Strong Liquidity Management
Quarter-end cash and marketable securities totaled approximately $14.5M (cash $11.8M + marketable securities $2.7M), and management emphasized liquidity preservation and disciplined capital allocation.
Sustained Free Cash Flow Track Record
Company reported positive adjusted free cash flow in 7 of the past 9 quarters, indicating improved financial discipline and recurring cash generation capability.
Remediated Regulatory Issue
CFIA-identified issues at the Montreal facility were addressed and the licence was reinstated, demonstrating corrective action and regulatory responsiveness.
TSE:FOOD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:FOOD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 20, 2026 | C$0.33 | C$0.31 | -6.06% |
Nov 27, 2025 | C$0.26 | C$0.24 | -3.92% |
Jul 22, 2025 | C$0.19 | C$0.20 | +7.89% |
Apr 22, 2025 | C$0.21 | C$0.18 | -14.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Goodfood Market Corp (TSE:FOOD) report earnings?
Goodfood Market Corp (TSE:FOOD) is schdueled to report earning on Apr 15, 2026, After Close (Confirmed).
What is Goodfood Market Corp (TSE:FOOD) earnings time?
Goodfood Market Corp (TSE:FOOD) earnings time is at Apr 15, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:FOOD EPS forecast?
Currently, no data Available
