Goodfood Market Corp. · TSX:FOOD
Goodfood Market — Q2 2026 Earnings Presentation
11 slides from Goodfood Market's earnings presentation, Apr 21, 2026
Slide 1: Q2-2026 Earnings Presentation
Q2-2026 EARNINGS PRESENTATION April 21, 2026
Slide 2: Forward-looking information disclaimer
This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information includes, but is not limited to, information with respect to our objectives and the strategies to achieve these objectives, as well as informati
Slide 3: Advancing Strategic Reset While Navigating Q2 Headwinds
Advancing Strategic Reset While Navigating Q2 Headwinds Concrete action to improve recent performance: Q2 impacted by temporary disruption… …with cost discipline driving improvements CFIA license suspension impacted Q2 performance Clear actions to improve profitability → Lower order rate driving low
Slide 4: Net Sales and Active Customers
Net Sales and Active Customers1 Net sales reflect impact of temporary license suspension, intentional marketing reduction and pressure in the meal kit category; higher year-over-year net sales per customer reflecting deliberate focus on profitable demand Net Sales Quarterly Active Customers1 C$ mill
Slide 5: Gross Profit, Adj. EBITDA and Net Loss
Gross Profit, Adj. EBITDA1 and Net Loss Gross profit decline, a result of increased shipping costs and labor costs, driving increased net loss and Adjusted EBITDA1 to turn negative Gross Profit Adjusted EBITDA1 Net Loss & Gross Margin2 & Margin1 C$ millions C$ millions and % C$ millions and % $4.0 $
Slide 6: Cash Flows
Cash Flows CFO impacted by profitability and by timing of payments falling in early Q2 as opposed to late Q1; CFI remains low Cash Flows From Cash Flows from Adjusted Free Cash Flow1 Operating Activities Investing Activities C$ millions (“CFO”) (“CFI”) C$ millions C$ millions $1.4 $1.2 $0.1 -$0.0 -$
Slide 7: Key Financial Highlights
Key Financial Highlights (in millions of Canadian $ except for percentage information) Q2-26 Q2-25 Y-o-Y ∆ Net Sales $22.5 $30.5 -26% Gross Profit 6.9 13.0 -47% Gross Margin (%)1 30.6% 42.6% -12.0pp Adjusted EBITDA2 (1.0) 1.4 N/A Adjusted EBITDA Margin (%)2 -4.4% 4.5% -8.9pp Net Loss (6.8) (2.4) 184
Slide 8: Outlook: Executing Reset with Focus on Cash Generation
Outlook: Executing Reset with Focus on Cash Generation Revamping the product to fit customers’ needs and stabilize top and bottom line… 1 2 Operating Model & Margin Stabilization Product-Led Repositioning → Simplifying operations and improving cost absorption → Enhancing value through quality, porti
Slide 9: Q&A
Q&A
Slide 10: Metrics and Non-IFRS Financial Measures
Metrics and Non-IFRS Financial Measures The table below defines metrics and non-IFRS financial measures used by the Company throughout this presentation. Non-IFRS financial measures do not have standardized definitions prescribed by IFRS and, therefore, may not be comparable to similar measures pres
Slide 11: Contact Information
Contact Information Vanessa Hadida VICE PRESIDENT - FINANCE IR@makegoodfood.ca makegoodfood.ca