Meal kit company Goodfood reports $2.6M Q1 loss, net sales down from year ago Goodfood reports $2.6M Q1 loss, net sales down Jan 20, 2026 Jan 20, 2026 SMS Email The headquarters of Goodfood is seen Monday, Feb. 6, 2023 in Montreal. THE CANADIAN PRESS/Ryan Remiorz ryr SMS Email Print Copy article link Save MONTREAL - Goodfood Market Corp. reported a first-quarter loss of $2.6 million as its net sales fell 21 per cent compared with year ago.The meal kit company says the loss amounted to three cents per diluted share for the quarter ended Dec. 6.That's compared with a loss of $1.7 million or two cents per diluted share a year earlier.Net sales in what was the company's first quarter totalled $27.5 million, down from $34.7 million a year ago. Goodfood attributed the drop to a decrease in active customers that drove lower orders, partially offset by an increase in average order value. However, Goodfood reported its gross margin improved to 42.3 per cent for the quarter compared with 39.6 per cent a year earlier.This report by ¹ú²úÓÕ»ó¸£Àû was first published Jan. 20, 2026.Companies in this story: (TSX:FOOD) ¹ú²úÓÕ»ó¸£Àû. All rights reserved. SMS Email Print Copy article link Save Tags Business Beverage Retail More Business Stories +7 Comcast to spin off cable networks that were once the entertainment giant's star performers Tennis legend Serena Williams joining ownership of WNBA's Toronto Tempo S&P/TSX composite falls almost 300 points, U.S. stocks also down amid tariff turmoil 'Turning point': Rent prices should see relief this year, but markets still tight Tips for finding cheaper protein in the meat aisle and beyond Interest rate hikes might be over but don't expect housing market to flare up: BMO +4 Meet the charitable foundation carrying the little-known legacy of 'Take Me Out to the Ball Game' FDA approves another generic abortion pill, prompting outrage from conservatives The skyrocketing cost of weight-loss drugs has state Medicaid programs looking for a solution Calgary mayor warns water use too high as possible end to restrictions nears You might be interested in Federal Liberals' promised one-time affordability benefit coming June 5 Alberta's government says it will do away with twice-a-year time change Canadian bishops speak out amid Trump's spat with Pope Leo XIV over Middle East How 'MILF Manor' somehow led to CBC's wholesome new rescue show 'Must Love Dogs' ¹ú²úÓÕ»ó¸£Àû Events Coming Up in April Events Coming Up in March Similar Stories Manitoba Opposition Tories accuse NDP government of not shopping locally Alberta panel report supports leaning into nuclear power, but province won't commit Chemical leak at a West Virginia plant kills 2 people and sends 30 more to hospitals, officials say
