$50M - $55M USD 2022 revenue guidance; $8M CAD market cap!Simply Better Brands Corp. Raises 2022 Financial Outlook as Year to Date Preliminary Results Exceed Expectations
by @GlobeNewswire on 13 Jul 2022, 09:02
2022 Outlook
As a result of the strong year to date and quarter to date preliminary results as of June 30, 2022, the Company's guidance is changing as follows:
- Expected consolidated net sales are increased to $50 million-55 million from $40 million-$42 million.
- Expected gross margin as a percentage of net sales is increased to 63%-65% from 58-60%.
- The Company continues its expectation to achieve positive Adjusted EBITDA for fiscal 2022.
