Goodfood Market Corp.
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in mil. unless spec.Company Description
- CEO
- Najib Maalouf
- Full Time Employees
- 484
- Sector
- Retail trade
- Industry
- Catalog/Specialty distribution
- Address
- 4600 Hickmore Street Saint-Laurent QC Canada H4T 1K2
- IPO Date
- Apr 23, 2015
- Website
- www2.makegoodfood.ca
- Similar Companies
- Business
- Goodfood Market Corp. (TSX: FOOD) operates as a leading Canadian online grocery and meal solutions provider, delivering fresh ready-to-cook meal kits, ready-to-eat heat-and-eat meals, and grocery add-ons including bakery items, desserts, meat and seafood, drinks, pantry staples, produce, snacks, dairy, frozen products, and kitchen essentials to customers across most of Canada. Founded in 2014 and headquartered in Montreal, Quebec, with production facilities in Quebec, Alberta, Ontario, and British Columbia, the company offers over 250 SKUs through weekly subscriptions featuring chef-designed recipes such as Classic, Vegetarian, Family, Value Menu, L'Artisan premium proteins, Easy Prep time-savers, and Clean15 low-carb options; exclusive Quebec Heat & Eat meals prepared fresh in-house; and add-ons like breakfast products, DIY pizzas, and sheet-pan recipes, emphasizing locally sourced Canadian ingredients from partner farms to minimize waste and retail overhead. Goodfood serves active customers in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, New Brunswick, and Prince Edward Island via a direct-to-consumer model with flexible delivery, proprietary technology for personalized recommendations, and sustainability initiatives including recyclable packaging and carbon offsets. In recent developments, Goodfood acquired an 81% stake in Genuine Tea Inc., a Toronto-based craft tea company, for approximately $2.4 million in November 2024 to expand its direct-to-consumer food and beverage portfolio with premium teas integrated into meal kits; achieved B Corp certification in April 2025 validating its governance, ethical sourcing (100% Canadian suppliers, 70% local farms), and environmental commitments; repaid $6.2 million in maturing debentures via common shares in March 2025 to strengthen its balance sheet; adopted Bitcoin as a treasury reserve asset in January 2025 for inflation hedging; and underwent a leadership transition in August 2025 with co-founder Jonathan Ferrari stepping down as CEO and Chair, Neil Cuggy continuing as President and COO, and Selim Bassoul appointed Board Chair amid a strategic operating review. The company maintains partnerships with chefs, restaurants like L’Abattoir and The Bicycle Thief, influencers, and brands such as Ooni for limited-time gourmet meal kits, while focusing on portfolio growth through brand acquisitions and enhanced convenience offerings.
Company News
Goodfood Reports Third Quarter of 2026 Results
Goodfood Market Corp. (FOOD:CA) Q2 2026 Earnings Call Transcript
Goodfood Reports Second Quarter of 2026 Results and Advances Strategic Reset Focused on Cash Generation and Core Economics
Marché Goodfood annoncera ses résultats du second trimestre de l’exercice financier 2026
Goodfood Announces Departure of its Chief Financial Officer and Expanded Role for VP of Finance
Goodfood Appoints Najib Maalouf as President and Chief Operating Officer
Goodfood Announces Voting Results from Annual Meeting of Shareholders
Goodfood Market Corp. (FOOD:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Goodfood Market Corp. nomme Selim Bassoul au poste de chef de la direction et annonce une mise à jour du conseil d’administration
Goodfood Market Corp. Appoints Selim Bassoul as Chief Executive Officer and Announces Board Update
Goodfood Reminds Shareholders of Annual General Meeting on February 26, 2026
Goodfood Market (OTCMKTS:GDDFF) Shares Down 3.9% – Time to Sell?
Goodfood Market Corp. (FOOD:CA) Q1 2026 Earnings Call Transcript
Goodfood Reports First Quarter of 2026 Results with Net Sales of $28 million, Gross Profit of $12 million and Adjusted EBITDA¹ of $1 million
Goodfood to Report Results for the First Quarter of Fiscal 2026
Goodfood Market (OTCMKTS:GDDFF) Stock Price Down 6.5% – Here’s Why
Goodfood Market Corp. (FOOD:CA) Q4 2025 Earnings Call Transcript
Goodfood annonce ses résultats pour l’exercice financier et le quatrième trimestre 2025, avec des ventes nettes de 121 millions de dollars et 25 millions de dollars, un bénéfice brut de 50 millions de dollars et 10 millions de dollars, et un BAIIA ajusté¹ de 6 millions de dollars et 0,4 million de dollars, respectivement.
Goodfood Reports Fiscal Year and Fourth Quarter 2025 Results with Net sales of $121 million and $25 million, Gross Profit of $50 million and $10 million and Adjusted EBITDA¹ of $6 million and $0.4 million, respectively
Goodfood to Report Fourth Quarter and Fiscal Year 2025 Results