High Tide Inc.

HITI

CA42981E4013

Drug Retailers

Market Closed - Toronto S.E. Other stock markets 01:29:46 29/06/2024 am IST			5-day change	1st Jan Change
3.03 ^CAD	-2.88%		-4.72%	+42.25%

28/06	High Tide to Open 2 New Canna Cabana Stores in Alberta and Saskatchewan	MT
28/06	High Tide Brief: Opening Two New Canna Cabana Stores in Alberta and Saskatchewan	MT

High Tide Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2024

June 14, 2024 at 01:31 am IST

High Tide Inc. reported earnings results for the second quarter and six months ended April 30, 2024. For the second quarter, the company reported sales was CAD 124.26 million compared to CAD 118.14 million a year ago. Net loss was CAD 0.025 million compared to CAD 1.54 million a year ago.
For the six months, sales was CAD 252.33 million compared to CAD 236.21 million a year ago. Net loss was CAD 0.365 million compared to CAD 5.32 million a year ago.

Latest news about High Tide Inc.

High Tide to Open 2 New Canna Cabana Stores in Alberta and Saskatchewan	28/06	MT
High Tide Brief: Opening Two New Canna Cabana Stores in Alberta and Saskatchewan	28/06	MT
High Tide Inc. Opens Two New Canna Cabana Stores in Alberta and Saskatchewan	28/06	CI
Transcript : High Tide Inc. - Special Call	28/06
High Tide to Acquire Retail Cannabis Store in Ontario for $600,000	26/06	MT
High Tide Brief: Acquiring Mississauga Retail Cannabis Store	26/06	MT
High Tide Inc. entered into a definitive asset purchase agreement to acquire Retail Cannabis Store in Mississauga, Ontario from Cantopia for CAD 0.6 million.	26/06	CI
High Tide Down 3% as Says to Open 80th Cannabis Retail Store in Alberta	20/06	MT
High Tide to Open 80th Cannabis Retail Store in Alberta	20/06	MT
High Tide Brief: Says to Open 80th Canna Cabana in Alberta	20/06	MT
High Tide to Open 80Th Canna Cabana in Alberta	20/06	CI
Transcript : High Tide Inc., Q2 2024 Earnings Call, Jun 14, 2024	14/06
High Tide Edges Up After Hours as It Reports a Fiscal Second-Quarter Profit on Higher Sales	14/06	MT
High Tide Brief: Reports a Fiscal Q2 Profit of $0.17 Mln, or Nil per Share, From a Yr-Ago Loss of $1.57 Mln, or $0.02, While a Loss of $0.02 per Share Expected	14/06	MT
High Tide Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2024	14/06	CI
High Tide to Raise 15 Million Canadian Dollars in Subordinated Debt	13/06	MT
High Tide to Raise $15 Million in Subordinated Debt	13/06	MT
High Tide Inc. announced that it expects to receive CAD 15 million in funding	13/06	CI
High Tide Inc. to Open First Canna Cabana in Huntsville, Ontario	04/06	CI
High Tide Cheers Alberta's Decision to Allow Private Label Cannabis Sales	04/06	MT
High Tide Opens First Canna Cabana in Huntsville, Ontario	03/06	MT
High Tide Brief: Says Will release its financial and operational results for the quarter ended April 30, 2024, after financial markets close on Thursday, June 13, 2024	28/05	MT
High Tide Inc. Opens First Canna Cabana in Pickering, Ontario	14/05	CI
High Tide Brief: Opening First Canna Cabana in Pickering, Ontario	13/05	MT
High Tide Opens Second Canna Cabana in Ajax, Ontario; Is 170th Store in Canada	06/05	MT

Chart High Tide Inc.

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Company Profile

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Companyâs United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Companyâs Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Companyâs Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.

Sector

Drug Retailers

Calendar

09/07/2024 - Annual General Meeting

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Ratings for High Tide Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

3.03 CAD

Average target price

5.5 CAD

Spread / Average Target

+81.52%

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Sector Cannabis Product Retailers

	1st Jan change	Capi.
HIGH TIDE INC.	+42.25%	178M
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VERANO HOLDINGS CORP.	-16.50%	1.24B
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TERRASCEND CORP.	-15.45%	396M
CANTOURAGE GROUP SE	-3.20%	90.86M
MARIMED INC.	-34.13%	68.84M
NOVA CANNABIS INC.	+44.94%	58.51M

Cannabis Product Retailers

High Tide Inc.

Equities

HITI

CA42981E4013

Drug Retailers

High Tide Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2024

EPS Revisions