Investor Outlook: High Tide rises on strong quarter as losses shrink [BNN Bloomberg (Canada)]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
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Source: BNN Bloomberg
BNN Bloomberg spoke with Raj Grover, CEO at High Tide, about the company's loyalty-driven strategy, competitive positioning in Canada and expansion opportunities in Europe and the United States. Key Takeaways Revenue growth of 25 per cent was driven largely by customer loyalty programs and price-focused retail strategies. Losses narrowed significantly year-over-year, reflecting improved operating performance and scale. Canadian cannabis market growth is slowing, but value-focused retailers may continue to outperform peers. Industry consolidation could accelerate as weaker competitors exit, creating share gains for larger players. International markets, particularly Germany and the U.K., are emerging as major long-term growth opportunities. Read the full transcript below: ROGER: Shares of High Tide were up after the Canadian cannabis company reported a revenue beat in its first quarter, sharply narrowing its losses from last year. For more on this, I'm joined by Raj Gr
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