Curaleaf Holdings Inc

CURA: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 71.90	Vbvs	Hybqhjn

Curaleaf Earnings: Top-Line Growth Remains Sluggish, but Long-Term Potential Remains

Kristoffer Inton

Nov 10, 2023

No-moat Curaleaf’s third-quarter results reflected continued weakness in the top line, with net revenue up just 1% sequentially, and adjusted EBITDA margin remained low at 21% compared with 26% a year ago. We’re likely to trim our $17/CAD 23 fair value estimate by a few dollars to reflect the stubborn top-line weakness.

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