REPEAT: Goodfood Active Subscribers Count Reaches 89,000, an Increase of 17% Quarter Over Quarter and of 187% for Fiscal 201...
September 05 2018 - 8:45AM
Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD), a
leading meal kit company in Canada, announced today it has reached
89,000 active subscribers as of August 31, 2018, representing an
increase of 13,000 active subscribers or 17% over May 31, 2018 and
an increase of 187% over August 31, 2017.
"We added a record number of active subscribers
in fiscal 2018 with the addition of 58,000 subscribers during the
year. Subscriber growth in the fourth quarter, traditionally our
slowest quarter because of the summer vacation period, was higher
than expected, driven by the addition of new menu options and our
Western Canada expansion which is performing ahead of
expectations," said Jonathan Ferrari, Chief Executive Officer of
Goodfood Market Corp. "We have strong momentum which will allow us
to continue to expand our target market and increase subscriber
engagement in the next year."
About Goodfood Goodfood is a
leading meal kit company in Canada, delivering fresh ingredients
that make it easy for subscribers to prepare delicious meals at
home every week. Goodfood’s objective is to take the hassle out of
cooking, leaving subscribers with the fun part - cooking, sharing
with family and eating. Subscribers select their favorite recipes
from a variety of original dishes online. The Company prepares a
personalized box of fresh ingredients and delivers it to the
subscriber's doorstep with easy systematic instructions.
Headquartered in Montréal, Canada, Goodfood had 89,000 active
subscribers as of August 31, 2018. www.makegoodfood.ca
Philippe Adam, Chief Financial Officer 1(855)
515-5191IR@makegoodfood.ca
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