Goodfood Market Corp (TSE:FOOD)
TSX:FOOD
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Earnings Data
Report Date
Jul 15, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: notable short-term challenges (temporary regulatory disruption, declining scale, negative adjusted EBITDA, inflationary cost pressures, and a meaningful convertible debt burden) were offset by decisive management actions focused on cost discipline, product improvements, improved per-customer economics (net sales per active customer $382), and operational simplification. Management frames the quarter as transitional and emphasizes that many adverse impacts were temporary and are being actively addressed.Company Guidance
Improved Revenue Efficiency per Customer
Net sales per active customer increased to $382, driven by higher basket sizes and reduced discounting as the company prioritized revenue quality over volume.
Gross Profit and Margin
Gross profit was $7.0 million for the quarter, with a gross margin of 30.6%, indicating underlying unit economics that management views as recoverable once temporary disruptions ease.
Disciplined Cost and Cash Management
Management emphasized tightened cost control: reduced marketing intensity, headcount optimization, controlled capital expenditures, and a disciplined allocation of capital aimed at preserving liquidity and improving cash generation.
Operational Recovery Actions Implemented
Company executed a rapid operational reset (resumed shipments from Montreal after temporary diversion to Calgary), simplified the operating model, and aligned cost structure to current demand to address short-term inefficiencies.
Product Improvements to Drive Retention
Introduced a simpler menu with better ingredients, increased portion sizes, and faster recipe cook times (targeting 20 minutes or less) expected to support retention, lifetime value and basket size growth.
Leadership Accountability and Transition
Newly appointed President & COO and CEO voluntarily forgone base salaries for fiscal 2026 to signal accountability; CFO recognized for stewardship ahead of planned transition.
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 |
|---|---|---|---|
Apr 21, 2026 | C$0.21 | C$0.18 | -13.95% |
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% |
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 Jul 15, 2026, After Close (Confirmed).
What is Goodfood Market Corp (TSE:FOOD) earnings time?
Goodfood Market Corp (TSE:FOOD) earnings time is at Jul 15, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:FOOD EPS forecast?
Currently, no data Available
