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Charlotte's Web Holdings (OTC) (CWBHF)
:CWBHF
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.06Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 19, 2025
|% Change Since: -10.00%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, including a return to quarterly revenue growth, successful product expansion, and significant cost reductions. However, ongoing challenges, such as a year-over-year revenue decline, reduced gross margins, and regulatory hurdles, were also evident. The company is optimistic about its strategic initiatives and future growth, yet it acknowledges the need to address current headwinds.Company Guidance
During the Charlotte's Web Holdings Inc. fourth quarter conference call, the company highlighted several key metrics and strategic initiatives aimed at driving future growth. The company reported a net revenue of $12.7 million for the quarter, reflecting a 20% year-over-year decline but showing modest quarter-over-quarter growth. The gross profit for Q4 was $5.1 million, with a margin of 40.2%, impacted by holiday promotions and shipping inefficiencies. However, the company achieved significant cost reductions, with SG&A expenses dropping by 43.3% to $10.6 million. The adjusted EBITDA was positive at $0.3 million, marking a $6.2 million improvement from the previous year. For the full fiscal year, total revenue stood at $49.7 million, down 21.4% year-over-year, while the gross profit before inventory provision was $25.4 million, representing 51.1% of net revenue. The company ended the year with $22.6 million in cash reserves, positioning it for growth in 2025. Key strategic moves included the expansion into the functional mushroom market and a rebranding initiative to unify its product portfolio. Additionally, Charlotte's Web is poised to benefit from its collaboration with DeFloria, which received FDA acceptance for Phase II clinical trials, potentially opening new revenue streams.Return to Consecutive Quarterly Revenue Growth
Achieved consecutive quarterly revenue growth throughout 2024, marking a pivotal year for Charlotte's Web after years of decline.
Successful Launch of New E-commerce Platform
The new e-commerce platform led to a 20% reduction in shopping cart abandonment, improving conversion rates significantly.
Expansion of Product Offerings
Successful introduction of functional mushroom gummies, expanding into the mushroom wellness market valued at over $200 million per year, with new products soon available on Amazon.
Significant Cost Reduction Initiatives
Achieved an $8 million reduction in SG&A expenses in Q4, marking a 43.3% decrease year-over-year.
Milestone in Botanical Drug Development
DeFloria's IND application was accepted by the FDA for Phase II clinical trials, representing a potential long-term revenue opportunity.
Strategic Retail Partnerships
Expanded retail partnership with Walmart and initial sales success with Chewy.com, enhancing market presence.
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CWBHF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CWBHF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 19, 2025 | $0.10 | $0.10 | 0.00% |
| Nov 14, 2024 | $0.14 | $0.14 | 0.00% |
| Aug 08, 2024 | $0.15 | $0.15 | 0.00% |
| May 08, 2024 | $0.20 | $0.18 | -10.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Charlotte's Web Holdings (OTC) (CWBHF) report earnings?
Charlotte's Web Holdings (OTC) (CWBHF) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Charlotte's Web Holdings (OTC) (CWBHF) earnings time?
Charlotte's Web Holdings (OTC) (CWBHF) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CWBHF EPS forecast?
Currently, no data Available
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