April 12, 2018 / 11:50 AM / 5 months ago

BRIEF-Goodfood Market Reports Qtrly Gross Merchandise Sales Growth Of 42 pct

April 12 (Reuters) - Goodfood Market Corp:

* QUARTER GROSS MERCHANDISE SALES GROWTH OF 42% AND PROFITABILITY IN SEVERAL CORE MARKETS DURING THE SECOND QUARTER OF 2018

* ACTIVE SUBSCRIBERS REACHED 61,000 AS AT FEBRUARY 28, 2018, UP FROM 13,000 AS AT FEBRUARY 28, 2017

* DURING Q2, GOODFOOD ADDED 16,000 NET NEW SUBSCRIBERS, AN INCREASE OF 36% FROM NOVEMBER 30, 2017

* Q2 ADJUSTED LOSS PER SHARE C$0.05

* QTRLY REVENUE $15.7 MILLION VERSUS $3.7 MILLION Source text for Eikon: Further company coverage:

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