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Benzinga
Benzinga
Business
Vuk Zdinjak

Simply Better Brands Preliminary Fiscal Q1 Sales Almost Quintupled To $12.1M YoY

Simply Better Brands

Simply Better Brands Corp. (OTCQB:PKANF) (CVE:SBBC) provided its preliminary sales for the first quarter of fiscal 2022 of $12.1 million compared to $2.5 million reported in Q1 2021. The first quarter 2022 preliminary sales are 383% higher than the first quarter in 2021. Preliminary gross profit for the first quarter 2022 is 59% compared to 60% in the first quarter of 2021. The full financial results for the first quarter of 2022 will be reported on May 30, 2022.

The 383% higher sales growth in the first quarter was led by SBBC’s PureKana and Tru brands.

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