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Simply Better Brands Corp. (TSXV:SBBC) (OTCQB:PKANF) reported on Tuesday interim financial results for the three months ended June 30, 2023.
"As our Q2 2023 financial and commercial results illustrate, we are positioned for continued revenue growth, profit improvement, and debt reduction in 2023," Kathy Casey, SBBC CEO, said. "Our strategic priorities remain to lead consumer-centric innovation and relentlessly acquire customers to these emerging brands by driving category and channel expansion."
"Even with our marketing and capability investments in Q2, we remain confident in delivering the current 2023 outlook of $80 million in revenue and $3-4 million in adjusted EBITDA at a gross margin target range of 58-60%," Casey said.
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