The earnings call presented a mixed picture. Goodfood reported positive adjusted EBITDA and free cash flow, successful product launches, and improved sales per customer. However, these positives were offset by a significant decline in net sales and active customers due to persistent demand challenges in the meal-kit market.

Company Guidance

During Goodfood's Q4 and Fiscal 2025 earnings call, the key performance metrics highlighted include adjusted EBITDA of $6 million, representing a 5% margin, compared to $9 million or a 6% margin in the previous year. Despite a challenging environment, Goodfood achieved 11 consecutive quarters of positive adjusted EBITDA and positive adjusted free cash flow. Net sales for the fourth quarter were $25 million, reflecting a $9 million year-over-year decline, with active customers dropping to 66,000 from 101,000. However, net sales per active customer increased by 12% to $379. Gross profit was $10 million, with a gross margin of 40.3%, up 220 basis points from the previous year. Adjusted free cash flow improved to $1.7 million, marking a $2.8 million year-over-year increase. The company also made strategic investments, including the acquisition of Genuine Tea, which is experiencing over 30% annual sales growth and contributing positively to EBITDA.

Positive Adjusted EBITDA and Free Cash Flow

Goodfood delivered positive adjusted EBITDA for the full year, achieving 11 consecutive quarters of positive adjusted EBITDA. Fiscal 2025 adjusted EBITDA was $6 million, representing a 5% margin. Additionally, Goodfood achieved positive adjusted free cash flow in 6 of the past 8 quarters.

Genuine Tea Acquisition Success

The acquisition of Genuine Tea is proving to be both growth and margin accretive, with the brand growing sales at over 30% annually while delivering consistent and healthy EBITDA.

Increased Net Sales Per Active Customer

Net sales per active customer increased 12% year-over-year to $379, driven by higher basket sizes and lower incentives.

Improved Gross Margin

Gross margin improved to 40.3% for the quarter, up 220 basis points from last year.

Successful Launch of Heat & Eat

The Heat & Eat product is progressing well, nearing $4 million of annualized sales, providing a new growth avenue.

Goodfood Market Corp (TSE:FOOD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:FOOD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jan 20, 2026	2026 (Q1)	- / -	-0.02	―	―	―
Nov 27, 2025	2025 (Q4)	- / -0.04	-0.05	20.00% (+0.01)	―	―
Jul 22, 2025	2025 (Q3)	-0.02 / 0.00	0	―	―	―
Apr 22, 2025	2025 (Q2)	0.00 / -0.03	0.02	-250.00% (-0.05)	―	―
Jan 21, 2025	2025 (Q1)	-0.02 / -0.02	-0.03	33.33% (<+0.01)	―	―
Nov 27, 2024	2024 (Q4)	-0.05 / -0.05	-0.05	0.00% (0.00)	―	―
Jul 16, 2024	2024 (Q3)	-0.02 / 0.00	-0.02	―	―	―
Apr 16, 2024	2024 (Q2)	-0.04 / 0.02	-0.015	233.33% (+0.04)	―	―
Jan 16, 2024	2024 (Q1)	-0.04 / -0.03	-0.16	81.25% (+0.13)	―	―
Nov 22, 2023	2023 (Q4)	-0.06 / -0.05	-0.78	93.59% (+0.73)	―	―

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
Nov 27, 2025	C$0.26	C$0.24	-7.69%
Jul 22, 2025	C$0.19	C$0.20	+5.26%
Apr 22, 2025	C$0.21	C$0.18	-14.29%
Jan 21, 2025	C$0.48	C$0.51	+6.25%

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 Jan 20, 2026, After Close (Confirmed).

What is Goodfood Market Corp (TSE:FOOD) earnings time?

Goodfood Market Corp (TSE:FOOD) earnings time is at Jan 20, 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

Goodfood Market Corp (TSE:FOOD) Earnings News

Goodfood (TSE:FOOD) Finally Swings to a Net Profit in Q2

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Goodfood (TSE:FOOD) Finally Swings to a Net Profit in Q2

3y ago

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