Green Thumb Industries Inc
GTII: XCNQ (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.G$^x^r> | LOCK|%XP | LOCK|%S?&yNZ |
Green Thumb Earnings: Price Compression Weighs; Shares Undervalued but Uncertainty Very High
Green Thumb's first-quarter revenue grew 1% year over year to $280 million. Overall retail revenue and comparable sales were down 2.5% and 5.3%, respectively, due to ongoing price compression. This led adjusted EBITDA margins to contract 230 basis points to 30.5%.
