MedMen Enterprises Inc. reported earnings results for the third quarter and nine months ended March 26, 2022. For the third quarter, the company reported sales was USD 35.25 million compared to USD 31.87 million a year ago. Net loss was USD 29.75 million compared to USD 13.72 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.03 a year ago.
For the nine months, sales was USD 107.5 million compared to USD 94.23 million a year ago. Net loss was USD 104.1 million compared to USD 85.33 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.14 a year ago.