Sleep Country Canada Hldg (TSE:ZZZ) has released an update.
As Sleep Country Canada Holdings Inc. celebrates its 30th anniversary, the company reports a slight revenue increase of 1.6% to $209.7 million in Q1 2024, alongside a 50 basis point gross margin improvement. However, net income and EPS saw declines compared to Q1 2023. The company also continues to focus on its social responsibility initiatives, including a new partnership aimed at climate change mitigation and a substantial donation to the CMHA.
For further insights into TSE:ZZZ stock, check out TipRanks’ Stock Analysis page.
