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High Tide reports Q1 basic EPS (C$0.05) vs. (C$0.14) last year
The Fly

High Tide reports Q1 basic EPS (C$0.05) vs. (C$0.14) last year

Reports Q1 revenue C$118.08M vs. C$72.22M last year. For locations operational throughout the first fiscal quarter of 2023 and 2022, same-store sales increased by 52% year-over-year. Sequentially, same-store sales increased by 4%, representing the sixth consecutive quarter of same-store sales growth. The company continued the rollout of ELITE, the first-of-its-kind cannabis paid loyalty program in Canada, with membership reaching approximately 9,500, representing a 58% increase since January 30, 2023.

Published first on TheFly

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