The company says the loss amounted to
Net sales in what was Goodfood's fourth quarter totalled
The drop in net sales came as Goodfood saw a drop in the number of active customers, partially offset by an increase in average order value.
Goodfood says the decrease in active customers was mainly driven by its focus on attracting and retaining customers that provide higher gross margins and by changing customer behaviour.
The company's gross margin for the quarter improved to 38.2 per cent compared with 28.3 per cent a year earlier.
This report by The Canadian Press was first published
Companies in this story: (TSX:FOOD)
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