- Goodfood currently has 280,000 subscribers and a 40-45% market share.
- The high quality of their offerings combined with the added convenience has allowed the company to generate 91% of their gross merchandise sales from recurring orders.
- Goodfood has a strong operational advantage over its larger brick and mortar competitors.
- Today, GoodFood is worth anywhere from C$7.33-8.38 which translates to $5.50-6.29 in USD.
- We are giving it a neutral rating only because it has appreciated about 50% in the past 3 weeks.
For further details see:
Goodfood Is A Good Stock - Here's Why