Education
About Us
Working with TipRanks
Follow Us
Lowell Farms (LOWLF)
OTHER OTC:LOWLF
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.21Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -9.09%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Neutral
The earnings call reveals a mixed sentiment. While Lowell Farms has made strategic expansions into the California retail market and secured new manufacturing partnerships, they are facing significant revenue declines and gross margin challenges. Supply chain issues and financial position constraints further complicate their outlook. However, cost reduction measures and efficiency improvements provide some optimism for future quarters.Company Guidance
During the Lowell Farms Inc. Third Quarter 2024 Earnings Conference Call, the company provided detailed financial guidance and strategic updates. In Q3 2024, Lowell Farms reported net revenue of $3.2 million, reflecting an 8% sequential decline and a 48% year-over-year decrease. The Consumer Packaged Goods (CPG) segment saw a 15% sequential revenue decline to $3.5 million, with Lowell brand revenues contributing $2 million. The company introduced strategic retail initiatives in California, expanded its brand portfolio, and strengthened its manufacturing partnerships, including onboarding three new brands. Operational efficiencies led to a 24% quarter-over-quarter sales increase in the 35 pre-roll category, reaching approximately $844,000. However, the gross margin was reported at negative 29% due to higher cost inventory sales. Operating expenses, impacted by $0.6 million in bad debt, were $1.8 million or 57% of sales, while the net loss stood at $3.6 million. Looking forward, the company aims to improve supply chain resilience and operational efficiency, focusing on strategic partnerships and cost management to drive future growth.Strategic Expansion into California Retail Market
Lowell Farms announced strategic initiatives for entering the California retail market, leveraging brand presence and integrated model to capture critical margins and support financial goals.
Manufacturing Division Partnerships
Onboarded three new brand partnerships in Q3, including TYSON 2.0 35's collaboration and Marigold Sweets, enhancing brand equity and revenue growth.
Efficiency Improvements in CPG Segment
Achieved a 24% increase in sales for the 35 category, reflecting improved efficiency on the automated packaging line.
Cost Reduction Initiatives
Reorganized operations and downsized staffing by 45%, resulting in expected savings of $546,000 in Q4 2024.
---
LOWLF 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
---
LOWLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $0.01 | $0.01 | 0.00% |
| Nov 14, 2024 | $0.01 | $0.02 | +20.00% |
| Aug 13, 2024 | $0.04 | $0.01 | -60.00% |
| May 14, 2024 | $0.10 | $0.10 | 0.00% |
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.
---
FAQ
When does Lowell Farms (LOWLF) report earnings?
Lowell Farms (LOWLF) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Lowell Farms (LOWLF) earnings time?
Lowell Farms (LOWLF) earnings time is at May 29, 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 LOWLF EPS forecast?
Currently, no data Available
---