- High Tide press release ( NASDAQ: HITI ): Q4 GAAP EPS of -C$0.85.
- Revenue of C$108.25M (+100.9% Y/Y).
- The Company's target is to add 40-50 new retail locations in calendar 2023, with Ontario representing the lion's share of the increase. At the end of November, The Company launched Cabana ELITE, its premium paid membership offering and has already onboarded over 6,000 members. The Company expects this number to steadily increase over the coming quarters.
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With the continued increase in same-store sales and a wider retail footprint, High Tide is currently on an annual revenue run rate of over $450 million.
For further details see:
High Tide GAAP EPS of -C$0.85, revenue of C$108.25M