Goodfood Market

Goodfood donates one million meals to Breakfast Club of Canada with help from NHL All-Star, Nick Suzuki

Retrieved on: 
Monday, September 18, 2023

TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has announced a lifetime donation of one million meals to long-term partner Breakfast Club of Canada, marking the Canadian brand’s ten-year anniversary.

Key Points: 
  • TORONTO, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has announced a lifetime donation of one million meals to long-term partner Breakfast Club of Canada, marking the Canadian brand’s ten-year anniversary.
  • “As a professional athlete, Nick Suzuki understands the role that breakfast plays to fuel an active lifestyle,” said Jonathan Ferrari, Co-Founder & Chief Executive Officer, Goodfood, "We’re excited that Nick has joined our mission to provide more children with nutritious meals through Breakfast Club of Canada and help them reach their full potential."
  • Through its ongoing partnership with Breakfast Club of Canada, Goodfood is continuing its mission to provide more Canadian families with better access to nutritious and delicious meals.
  • “With 1 in 4 children across Canada experiencing food insecurity, support from valued partners like Goodfood has never been more important for the Club,” said Paul Lethbridge, Director, Corporate and Community Giving at Breakfast Club of Canada.

Canadians can cook like a Michelin-star chef with new Goodfood and St. Lawrence meal-kits

Retrieved on: 
Tuesday, August 15, 2023

TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has partnered with Michelin-starred restaurant St. Lawrence to bring Canadians exclusive meal-kits for a limited time only.

Key Points: 
  • TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has partnered with Michelin-starred restaurant St. Lawrence to bring Canadians exclusive meal-kits for a limited time only.
  • “I opened St. Lawrence as a heartfelt homage to my hometown of Saint-Jérome and to share my love of Quebecois cuisine,” said J-C Poirier, Chef and Owner, St. Lawrence.
  • Now, with easy-to-follow recipe cards and pre-portioned ingredients, Goodfood is giving Canadians the confidence to cook a Michelin Star dish and elevate their at-home dining experience.
  • "At Goodfood, our priority is to make cooking elevated and delicious meals feel accessible rather than intimidating,” said Jordana Rebner, Head Chef, Goodfood.

Goodfood and PIANO PIANO Partner to Deliver Premium Pizzas Nationwide

Retrieved on: 
Monday, July 31, 2023

TORONTO and MONTREAL, July 31, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) a leading online meal solutions company and PIANO PIANO the Restaurant Group (PIANO PIANO), a renowned Italian restaurant with five restaurant locations across the GTA and producer of premium frozen pizza are making it even easier to bring the restaurant experience into your home.

Key Points: 
  • TORONTO and MONTREAL, July 31, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) a leading online meal solutions company and PIANO PIANO the Restaurant Group (PIANO PIANO), a renowned Italian restaurant with five restaurant locations across the GTA and producer of premium frozen pizza are making it even easier to bring the restaurant experience into your home.
  • Goodfood members in Eastern Canada now have access to delivery of a party pack bundle of 3 of the bestselling pizzas from Chef Victor Barry’s PIANO PIANO Italian eatery which includes customer favourites: Sweet Hornet, Mushroom & Onion, and Pepperoni.
  • “When we first partnered with PIANO PIANO last summer in Toronto to great success, we knew our customers would want more and we are thrilled to spark more joy in their weekly meal planning.
  • “Teaming up with Goodfood for our first nationwide campaign is a no-brainer,” explains Barry.

Goodfood Customers Now Enjoy Planet-Friendly Deliveries

Retrieved on: 
Monday, April 17, 2023

TORONTO and MONTREAL, April 17, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has made every day Earth Day through recent operational improvements that will have an important positive impact on our planet.

Key Points: 
  • TORONTO and MONTREAL, April 17, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD) has made every day Earth Day through recent operational improvements that will have an important positive impact on our planet.
  • The Company announced today that customers can now feel even better about their Goodfood meals knowing that delivery carbon emissions are permanently being offset going forward.
  • In partnership with Less Emissions, Goodfood is offsetting the carbon impact of its deliveries by supporting Canadian projects, including Les Minéraux Harsco’s slag-based recycling operations in Quebec and The Net Zero Waste Inc. City of Abbotsford Composting Facility in British Columbia.
  • The climate crisis is at the top of that list,” said Jonathan Ferrari, Goodfood Chairman and CEO.

Softchoice Appoints Jonathan Roiter as Chief Financial Officer

Retrieved on: 
Tuesday, April 11, 2023

Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) is pleased to announce the appointment of Jonathan Roiter as Chief Financial Officer, effective June 1, 2023.

Key Points: 
  • Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) is pleased to announce the appointment of Jonathan Roiter as Chief Financial Officer, effective June 1, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230411005339/en/
    Softchoice appoints Jonathan Roiter as Chief Financial Officer (Photo: Business Wire)
    Jonathan is a seasoned executive with extensive public company, finance, corporate development, strategy, and operations experience.
  • “We are excited to welcome Jonathan to Softchoice and are confident that he is an exceptional leader who will enhance our already dynamic and engaged culture, and will contribute to the next stage of our growth and success,” said Andrew Caprara, President & Chief Operating Officer.
  • “On behalf of our entire organization, I wish to thank Yota Skederidis for her leadership as our Interim Chief Financial Officer during this transition period.

Goodfood Announces Management Team Change

Retrieved on: 
Monday, March 27, 2023

MONTREAL, March 27, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD) promotes Roslane “Ross” Aouameur to Chief Financial Officer, replacing Jonathan Roiter effective March 31, 2023.

Key Points: 
  • MONTREAL, March 27, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX:FOOD) promotes Roslane “Ross” Aouameur to Chief Financial Officer, replacing Jonathan Roiter effective March 31, 2023.
  • Ross has been with Goodfood for three and half years and knows our business inside and out.
  • “I am very proud to have been part of the talented Goodfood team and of the work we have done together in recent months to chart a path towards profitability and positive growing cash flows,” said Jonathan Roiter.
  • “On behalf of Goodfood’s board, executive team and employees, I want to thank Jonathan Roiter for his hard work and significant past contributions to Goodfood.

Goodfood teams up with NHL All-Star, Nick Suzuki, to introduce new line of athlete-friendly meal-kits with Nick’s Picks

Retrieved on: 
Wednesday, February 15, 2023

As part of this expanded offering, Canada’s number one meal-kit brand will also introduce its first paleo, keto and vegan meal-kits, further demonstrating its commitment to empower Canadians to eat and live better.

Key Points: 
  • As part of this expanded offering, Canada’s number one meal-kit brand will also introduce its first paleo, keto and vegan meal-kits, further demonstrating its commitment to empower Canadians to eat and live better.
  • Goodfood subscribers can also look forward to Suzuki's pre-game fuel-up meals and even his favourite off-season cheat-day dishes, all of which will consist of farm-fresh ingredients and easy-to-make recipe cards.
  • "At Goodfood, we believe in a ‘you are what you eat’ mentality, which is why developing nutritious meals with fresh locally-sourced ingredients has always been our priority,” said Jonathan Ferrari, CEO and Co-Founder, Goodfood.
  • To learn more and subscribe to Goodfood, Canadians can visit makegoodfood.ca or download the Goodfood app to have Nick-approved recipes delivered directly to their doorsteps.

Goodfood Completes $12.675 Million Investment Led by Investissement Québec Through Private Placement of Convertible Unsecured Subordinated Debentures

Retrieved on: 
Monday, February 6, 2023

MONTREAL, Feb. 06, 2023 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or the “Company”) (TSX: FOOD) is pleased to announce that it has closed an offering (the “Offering”) of $12,675,000 aggregate principal amount of 12.5% convertible unsecured subordinated debentures of the Company (the “Debentures”) due February 6, 2028 (the “Maturity Date”), at a price of $1,000 per $1,000 principal amount of Debentures, by way of non-brokered private placement. The total investment consists of $10 million from Investissement Québec and $2.675 million from management, Board members and existing shareholders.

Key Points: 
  • The total investment consists of $10 million from Investissement Québec and $2.675 million from management, Board members and existing shareholders.
  • “We are pleased to partner with Investissement Québec to bolster Goodfood’s balance sheet and achieve our path to profitability and positive cash flows.
  • "Investissement Québec is proud to support innovative Québec companies like Goodfood in order to propel their growth," says Bicha Ngo, Senior Executive Vice-President, Private Equity, Investissement Québec.
  • The Debentures will be convertible at the holder’s option into Goodfood common shares (the “Common Shares”) at a conversion price of $0.75 per Common Share.

Goodfood Reports First Quarter Gross Margin of 35.6% and Reaffirms Expectation of Positive Adjusted EBITDA1 Next Quarter Following an 85% Year-over-Year Improvement this Quarter

Retrieved on: 
Tuesday, January 17, 2023

Combined with stable net sales and strong gross margin, we are reconfirming our expected path to return to positive quarterly Adjusted EBITDA1 in the second quarter of Fiscal 2023.

Key Points: 
  • Combined with stable net sales and strong gross margin, we are reconfirming our expected path to return to positive quarterly Adjusted EBITDA1 in the second quarter of Fiscal 2023.
  • Adjusted gross margin is defined as the percentage of adjusted gross profit to net sales.
  • Adjusted gross profit and adjusted gross margin are non-IFRS financial measures.
  • The Company reports the number of active customers at the beginning and end of the period, rounded to the nearest thousand.

Goodfood and Aloette Go launch new meal-kits to spark joy in Canadians’ kitchens

Retrieved on: 
Tuesday, January 10, 2023

As Canada's number one meal-kit brand, Goodfood delivers farm-fresh ingredients and chef-curated recipes to empower Canadians to eat and live better.

Key Points: 
  • As Canada's number one meal-kit brand, Goodfood delivers farm-fresh ingredients and chef-curated recipes to empower Canadians to eat and live better.
  • The new partnership with one of the country's top restaurants, Aloette and takeout counterpart Aloette Go, further demonstrates the brand's commitment of bringing homegrown ingredients and high-quality dishes into consumers' kitchens nationwide.
  • Goodfood and Aloette Go will offer two delicious meal-kits developed in collaboration by Aloette Executive Chef Solomon Mason and Goodfood Head Chef Jordana Rebner.
  • To learn more, Canadians can visit makegoodfood.ca and order their own Michelin-inspired meal-kit by Goodfood and Aloette Go.