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cbdMD (YCBD)
:YCBD
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.2Last Year’s EPS
-1.35Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: -21.05%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with significant financial improvements, including achieving profitability and debt-free status. While e-commerce revenue declined, the company showed strong growth in wholesale sales and has promising developments with its Oasis line. The reduction in SG&A expenses and successful cost management highlight a strong focus on financial discipline.Company Guidance
During the fiscal first quarter of 2025 earnings call, cbdMD reported a notable financial performance, achieving a positive net income for the first time and a non-GAAP adjusted EBITDA profit of $214,000, as compared to a loss of $698,000 in the same quarter of fiscal 2024. Total net sales increased by 12% year-over-year, reaching $5.1 million, with a gross profit margin holding at 66%. The company significantly reduced SG&A expenses from $4.6 million to $3.4 million, reflecting disciplined cost management. The quarter also saw a 22% rise in wholesale sales, while e-commerce sales constituted 77% of total net sales despite a 10% year-over-year decrease. Additionally, cbdMD has resolved its convertible notes, converting them to common stock and becoming debt-free, excluding ordinary business liabilities. The company also highlighted the successful launch of its Oasis social tonic line and is negotiating with multiple distributors to expand its market presence.Positive Net Income and EBITDA
cbdMD achieved positive net income of $15,000 and a positive non-GAAP adjusted EBITDA of $214,000 for the first time in company history, marking a significant turnaround from previous losses.
Revenue Growth
Total net sales for the first quarter of fiscal 2025 were $5.1 million, a 12% increase from the fourth quarter and the prior year comparative quarter.
Wholesale Business Increase
The wholesale business saw a 22% increase in net sales, reaching $1.1 million compared to $950,000 in the previous year.
Cost Reduction Achievements
SG&A expenses decreased to $3.4 million from $4.6 million in the prior year, highlighting successful cost-saving initiatives.
Oasis Social Tonic Line Progress
The Oasis social tonic line has been well received and is in final contract negotiations with multiple distributors, signaling a potential for significant growth.
Debt-Free Status
The remaining balances of the company's convertible notes were converted to common stock, resulting in a debt-free status.
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YCBD 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
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YCBD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $0.57 | $0.48 | -15.79% |
| Dec 18, 2024 | $0.40 | $0.37 | -7.50% |
| Aug 14, 2024 | $0.48 | $0.49 | +2.08% |
| May 15, 2024 | $0.71 | $0.71 | 0.00% |
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.
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FAQ
When does cbdMD (YCBD) report earnings?
cbdMD (YCBD) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is cbdMD (YCBD) earnings time?
cbdMD (YCBD) earnings time is at May 14, 2025, TBA Not 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 YCBD EPS forecast?
YCBD EPS forecast for the fiscal quarter 2025 (Q2) is -0.2.
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