cbdMD, Inc. (YCBD) Reports Q4 Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/31/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. GILD
9. SBUX
10. SNDK

Go back to cbdMD, Inc. (YCBD) Reports Q4 Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

cbdMD Reports Fourth Quarter Net Sales of $9.54 Million

December 18, 2019 4:05 PM EST

cbdMD Represented in Over 4,000 Retail Doors in 11 Countries

CHARLOTTE, N.C.--(BUSINESS WIRE)-- cbdMD, Inc. (NYSE American: YCBD, YCBD PR A) (the Company), a leading cannabidiol (CBD) consumer brand, reported today that in its fourth fiscal quarter ended September 30, 2019, the Company generated net sales (unaudited) of $9.54 million and its audited net sales for the fiscal year ended September 30, 2019 were $23.7 million.

In fiscal 2019, the Company discontinued certain legacy operations not related to its CBD business, effective September 30, 2019, which reduced net sales for fiscal 2019 from approximately $24.6 million or by $888,000. On an unaudited pro forma... More