MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND THIRTY-NINE WEEKS OF 2023
Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. FY2022 consisted of a 53-week period while all other fiscal years referred to in this release consist of 52-week periods. All quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars.
- Dollars
Announces Resilient Double-Digit Growth in Core Studio Base, Execution of
Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”). - The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks.
- MiniLuxe is pleased to announce continued double-digit growth in year-over-year (“YoY”) revenue as well as positive traction in cost containment initiatives.
- In addition to robust Q3 2023 revenue, the company underwent significant cost reduction and reconfiguration during the quarter.