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Cannabis Confidential
Village Farms Earnings + Call Notes

Village Farms Earnings + Call Notes

Canadian standout with a global reach.

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Todd Harrison
May 08, 2024
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Cannabis Confidential
Cannabis Confidential
Village Farms Earnings + Call Notes
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Village Farms Earnings

$78.1 M Revs; est. $71.9M
$3.6 M AEBITDA; est. $1.9M
$15.5M GP; est. $13.8M
($ 2.4M) OI; est. ($2.3M)
20% GM; est.19.1%
($ 2.9M) NI; est. ($2.6M)

“The first quarter was an especially strong start to 2024. Canadian Cannabis retail branded sales grew 28% year-over-year, all organically, as we led the top five LPs in market share growth, further narrowing the gap to number one, and achieving a new record in April. Our success in quality, innovation and brand building, together with the support of our provincial boards and retail partners, are driving these results as we delight our consumers.”

Call Notes

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