TTCF - Tattooed Chef GAAP EPS of -$0.32 misses by $0.13 revenue of $58.1M misses by $6M
- Tattooed Chef press release ( NASDAQ: TTCF ): Q2 GAAP EPS of -$0.32 misses by $0.13 .
- Revenue of $58.1M (+15.5% Y/Y) misses by $6M .
- FY2022 Outlook : Revenue of $280M-$285M, unchanged from prior guidance vs. consensus of $280.27M; Gross margin of 8-10%, down from prior guidance of 10-12%, due to continued cost inflationary pressures and the timeline for implementation of automation initiatives at our facilities; Capital expenditures of approximately $20M, with investments focused on automation and robotics at our manufacturing facilities, unchanged from prior guidance.
For further details see:
Tattooed Chef GAAP EPS of -$0.32 misses by $0.13, revenue of $58.1M misses by $6M