Green Thumb Earnings + Call Notes
U.S. cannabis leader reports Q124
$275.8M Revs; est. $269.4M
$90.5M AEBITDA; est. $80.6M
$144.9M GP; est. $135.7M
$63.5M OI; est. $48.9M
52.5% GM; est. 50.4%
$31.1M NI; est. $12.6M
$0.13 EPS; est. $0.05
“I am pleased that our team delivered an outstanding quarter with revenue over $275 million, Adj. EBITDA over $90 million, and cash flow from operations over $80 million. We have the pieces in place to execute on our strategy to create award-winning brands and build customer loyalty. As we round out our tenth year as a company, we believe we have a clear vision, a healthy balance sheet and the best team in the business to execute the next decade of the Green Thumb story.”
Green Thumb Founder, Chairman and Chief Executive Officer Ben Kovler.
Call Notes
Keep reading with a 7-day free trial
Subscribe to Cannabis Confidential to keep reading this post and get 7 days of free access to the full post archives.