Green Thumb Industries Inc

GTBIF: OTCM (USA)
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Green Thumb Earnings: 2024 Ends Within Our Expectations; Shares Undervalue Long-Term Growth

Green Thumb's fourth-quarter revenue grew 6% year over year to USD 294 million, mostly on the start of adult-use sales in Ohio and opening 10 stores. Comparable-store sales declined 2.6% amid continued price compression, though cost-cutting helped adjusted EBITDA margin widen by 70 basis points.

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