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Simply Better Brands Corp(SBBC-X)
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SIMPLY BETTER BRANDS CORP.'S ANNOUNCES PRELIMINARY FISCAL Q1 SALES REVENUE RECORD OF USD $24.8 MILLION

Newswire.ca - Tue Apr 11, 2023

Preliminary SBBC Q1 2023 results are buoyed by the SBBC's TRUBAR Brand securing distribution nationally at Costco in the U.S. Market

VANCOUVER, BC, April 11, 2023 /CNW/ - Simply Better Brands Corp. ("SBBC" or the "Company") (TSXV: SBBC) (OTCQB: PKANF) is pleased to provide its preliminary sales for the first quarter of fiscal 2023 of USD $24.8 million compared to USD $12.1 million in Q1 2022 or a 205% increase. Preliminary gross profit for the first quarter of 2023 is 55% compared to 66% in the first quarter of 2022. The lower gross margin is due to sales channel mix as a larger portion of sales to retailers compared to the prior year's predominantly online sales delivery.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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