MONTREAL, Nov. 22, 2023 (GLOBE NEWSWIRE) — Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD), a leading Canadian online meal solutions company, today announced financial results for the fourth quarter and Fiscal 2023, ended September 2, 2023. “We are pleased to have demonstrated our ability to generate consistent Adjusted EBITDA profitability during Fiscal 2023. On the back of operational improvements and continuous pricing optimization, our gross margin reached 38.2% in the fourth quarter and a record 38.8% annually, enabling a record annual adjusted EBITDA of $5 million and much improved cash flows,” said Jonathan Ferrari, Chief Executive Officer of Goodfood. “We are especially proud of our lean cost structure that, even in the face of seasonal fluctuations during the…
