11:02 AM EST - Goodfood Market Corp. : Today announced financial results for the second quarter of Fiscal 2023, ended March 4, 2023. Net sales were $42 million in the second quarter, a 43% reduction compared to the same quarter last year, driven by our focus on higher value customers leading to better unit economics Record quarterly gross margin of 40.7%, an improvement of 16.7% compared to the same period last year. Net income for the quarter was $0.1 million, a $21 million improvement compared to the same period in 2022. Goodfood Market Corp.
shares T.FOOD are trading unchanged at $0.60.
