High Tide to Announce Third Fiscal Quarter 2024 Financial Results
High Tide Inc. (Nasdaq: HITI) has announced it will release its financial and operational results for Q3 2024 on September 16, 2024, after market close. The company will host a webcast on September 17 at 11:30 AM ET to discuss the results. Additionally, High Tide is opening its 7th Canna Cabana store in Mississauga, Ontario, marking its 182nd location in Canada and 68th in Ontario. The new store is strategically located in a high-traffic retail plaza, catering to high-density residential areas. CEO Raj Grover expressed enthusiasm about the company's growth and upcoming earnings report, highlighting the popularity of their discount club model among ELITE and Cabana Club members.
High Tide Inc. (Nasdaq: HITI) ha annunciato che pubblicherà i suoi risultati finanziari e operativi per il Q3 2024 il 16 settembre 2024, dopo la chiusura del mercato. L'azienda ospiterà un webcast il 17 settembre alle 11:30 AM ET per discutere dei risultati. Inoltre, High Tide sta aprendo il suo 7° negozio Canna Cabana a Mississauga, Ontario, marcando la sua 182ª posizione in Canada e la 68ª in Ontario. Il nuovo negozio è situato strategicamente in una piazza commerciale ad alto traffico, servendo aree residenziali ad alta densità. Il CEO Raj Grover ha espresso entusiasmo riguardo alla crescita dell'azienda e al prossimo rapporto sugli utili, sottolineando la popolarità del loro modello di club sconto tra i membri ELITE e Cabana Club.
High Tide Inc. (Nasdaq: HITI) ha anunciado que publicará sus resultados financieros y operativos para el Q3 2024 el 16 de septiembre de 2024, después del cierre del mercado. La empresa llevará a cabo un webcast el 17 de septiembre a las 11:30 AM ET para discutir los resultados. Además, High Tide está inaugurando su 7ª tienda Canna Cabana en Mississauga, Ontario, marcando su 182ª ubicación en Canadá y 68ª en Ontario. La nueva tienda está estratégicamente ubicada en una plaza comercial de alto tráfico, atendiendo áreas residenciales de alta densidad. El CEO Raj Grover expresó entusiasmo por el crecimiento de la compañía y el próximo informe de ganancias, destacando la popularidad de su modelo de club de descuentos entre los miembros ELITE y Cabana Club.
하이 타이드 주식회사 (Nasdaq: HITI)가 2024년 3분기 재무 및 운영 결과를 2024년 9월 16일 주식 시장 마감 후 발표한다고 발표했습니다. 회사는 9월 17일 오전 11시 30분 ET에 결과를 논의하기 위해 웹캐스트를 진행할 예정입니다. 또한, 하이 타이드는 온타리오주 미시사우가에 7번째 칸나 카바나 매장을 열고 있습니다, 이는 캐나다 내 182번째 위치이자 온타리오주 내 68번째 매장입니다. 새로운 매장은 유동 인구가 많은 소매 플라자에 전략적으로 위치해 있으며, 높은 밀도의 주거 지역을 대상으로 하고 있습니다. CEO 라지 그로버는 회사의 성장과 향후 수익 보고서에 대한 기대감을 표명하며 ELITE 및 카바나 클럽 회원들 사이에서 할인 클럽 모델의 인기를 강조했습니다.
High Tide Inc. (Nasdaq: HITI) a annoncé qu'elle publiera ses résultats financiers et opérationnels pour le T3 2024 le 16 septembre 2024, après la fermeture du marché. L'entreprise tiendra un webcast le 17 septembre à 11h30 ET pour discuter des résultats. De plus, High Tide ouvre son 7ème magasin Canna Cabana à Mississauga, Ontario, marquant sa 182ème localisation au Canada et 68ème en Ontario. Le nouveau magasin est stratégiquement situé dans une zone commerciale à fort trafic, desservant des zones résidentielles à forte densité. Le PDG Raj Grover a exprimé son enthousiasme quant à la croissance de l'entreprise et au prochain rapport de bénéfices, soulignant la popularité de leur modèle de club de réduction parmi les membres ELITE et Cabana Club.
High Tide Inc. (Nasdaq: HITI) hat angekündigt, dass es seine finanziellen und operativen Ergebnisse für das 3. Quartal 2024 am 16. September 2024 nach Marktschluss veröffentlichen wird. Das Unternehmen wird am 17. September um 11:30 Uhr ET ein Webcast abhalten, um die Ergebnisse zu besprechen. Darüber hinaus eröffnet High Tide sein 7. Canna Cabana-Geschäft in Mississauga, Ontario, was den 182. Standort in Kanada und den 68. in Ontario markiert. Das neue Geschäft befindet sich strategisch in einem hochfrequentierten Einzelhandelszentrum und bedient stark besiedelte Wohngebiete. CEO Raj Grover äußerte sich optimistisch über das Wachstum des Unternehmens und den bevorstehenden Gewinnbericht und hob die Beliebtheit ihres Rabattclubmodells unter den Mitgliedern ELITE und Cabana Club hervor.
- Opening of 7th Canna Cabana store in Mississauga, expanding to 182 locations in Canada
- Strategic location of new store in high-traffic area with potential for strong customer base
- Continued expansion in Ontario, Canada's largest province
- Growing popularity of the company's discount club model among members
- None.
High Tide Continues to Grow its Presence in
Following the release of its third fiscal quarter financial and operational results, High Tide will host a webcast with Raj Grover, Founder and Chief Executive Officer, and Mayank Mahajan, Chief Financial Officer, to discuss the Company's financial results and what the remaining fiscal year holds for High Tide, at 11:30 AM Eastern Time on Tuesday, September 17.
Webcast Link for High Tide Earnings Event:
https://events.q4inc.com/attendee/471302144
Participants are encouraged to pre-register for the webcast by clicking on the link above prior to the beginning of the live webcast. Three hours after the live webcast, a replay of the webcast will be available at the same link above.
Participants who wish to ask questions during the event may do so through the call-in line, the access information for which is as follows:
Global Dial-In Numbers: https://www.netroadshow.com/events/global-numbers?confId=65906
Participant Access Code: 604413
*Participants will need to enter the participant access code before being met by a live operator*
New Mississauga Store
High Tide also announced today that its Canna Cabana retail cannabis store located at 2090 Hurontario Street,
This brand-new Canna Cabana opens in a highly visible and well-established retail plaza, surrounded by anchor tenants such as an international coffee shop chain, a 24-hour convenience store chain, amongst other local businesses. Located just off a major thoroughfare, this store opens in an area of
"I am thrilled to announce the opening of our newest Cabana in
"Our thoughtful site selection and robust free cash flow have borne out six organic store openings and one acquisition in
ABOUT HIGH TIDE
High Tide, Inc. is the leading community-grown, retail-forward cannabis enterprise engineered to unleash the full value of the world's most powerful plant and is the second-largest cannabis retailer globally by store count1. High Tide (HITI) is uniquely-built around the cannabis consumer, with wholly-diversified and fully-integrated operations across all components of cannabis, including:
Bricks & Mortar Retail: Canna Cabana™ is the largest cannabis retail chain in
Retail Innovation: Fastendr™ is a unique and fully automated technology that employs retail kiosks to facilitate a better buying experience through browsing, ordering and pickup.
Consumption Accessories: High Tide operates a suite of leading accessory e-commerce platforms across the world, including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com.
Brands: High Tide's industry-leading and consumer-facing brand roster includes Queen of Bud, Cabana Cannabis Co, Daily High Club, Vodka Glass, Puff Puff Pass, Dopezilla, Atomik, Hue, Evolution and more.
CBD: High Tide continues to cultivate the possibilities of consumer CBD through Nuleafnaturals.com, FABCBD.com, blessedcbd.de and blessedcbd.co.uk.
Wholesale Distribution: High Tide keeps that cannabis category stocked with wholesale solutions via Valiant™.
Licensing: High Tide continues to push cannabis culture forward through fresh partnerships and license agreements under the Famous Brandz™ name.
High Tide consistently moves ahead of the currents, having been named one of
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain "forward-looking information" and "forward-looking statements within the meaning of applicable securities legislation. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking statements herein include, but are not limited to, statements regarding: the timing of our new location beginning to sell recreational cannabis products and consumption accessories for adult use, the expected benefits of the store location, and our ability to reach our communicated goals and the timing of our financial and operational results being released. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. Although the Company believes that the expectations reflected in these statements are reasonable, such statements are based on expectations, factors, and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including but not limited to the risk factors discussed under the heading "Non-Exhaustive List of Risk Factors" in Schedule A to our current annual information form, and elsewhere in this press release, as such factors may be further updated from time to time in our periodic filings, available at www.sedarplus.ca and www.sec.gov, which factors are incorporated herein by reference. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise, or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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1 As reported by ATB Capital Markets based on store counts as of February 8, 2024 |
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SOURCE High Tide Inc.
FAQ
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