MedMen Enterprises Inc. reported earnings results for the second quarter and six months ended December 24, 2022. For the second quarter, the company reported sales was USD 29.55 million compared to USD 35.52 million a year ago. Net loss was USD 16.21 million compared to USD 19.03 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
For the six months, sales was USD 59.6 million compared to USD 72.25 million a year ago. Net loss was USD 12.05 million compared to USD 74.36 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to USD 0.05 a year ago.