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Will Goodfood Market Corp (FOOD) Beat Estimates Again in Its Next Earnings Report?

By Wealth Awesome -

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As Goodfood Market Corp prepares to release its upcoming earnings report, investors are keenly watching to see if the company can maintain its momentum of surpassing expectations.

Goodfood Market Corp (FOOD.TO) is set to announce its earnings for the fiscal period ending May 31, 2026, on July 21, 2026, before market open. With a history of outperforming estimates in three of the last four quarters, investors are eager to see if this trend will continue. The consensus EPS estimate currently stands at -$0.06, reflecting a year-over-year improvement from -$0.08.

Recent earnings trend

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Goodfood Market Corp

FOOD.TO

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FOOD.TO

Goodfood Market Corp

Source:WealthAwesomeWealthAwesome
$0.23 (-86.79%)
120 day period
$0.03$0.16$0.30Jan 30Apr 30Jul 24

Market cap

$3.48M

52W high

$0.38

52W low

$0.03

1W change

-76.67%

Beta

0.99

Analyst Price Targets

Based on analyst covering FOOD

📈

Wall Street analysts forecast FOOD stock price to rise 328.6% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$0.15

+328.6% Upside

Current Price

C$0.04

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on FOOD's historical volatility

HistoricalForecast68%95%
C$0.00C$0.35C$0.69C$1.04C$1.38C$1.73TodayMar 17May 22Jul 24Sep 5Oct 19Dec 1

30-Day Vol

338.6%

Annualized

90-Day Vol

207.5%

Annualized

Trend (90d)

-50.0%

Annualized drift

90d Mean

C$0.03

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$0.03C$0.01C$0.11
60 trading daysC$0.03C$0.01C$0.16
90 trading daysC$0.03C$0.00C$0.22

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.

Beat estimates in 3 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2025-05-312025-07-220.0006-0.0200+103.0%
2025-02-282025-04-22-0.0300
2024-11-302025-01-21-0.0200-0.0200+0.0%
2024-08-312024-11-20-0.0495-0.0500+1.0%
2024-05-312024-07-160.0039-0.0200+119.5%
2024-02-292024-04-160.0200-0.0400+150.0%
-0.0600-0.02000.0200 23-0823-1124-0224-0524-0824-1125-0225-05 Estimate Actual (≥0) Actual (<0) Wealth Awesome

Investor takeaway: Goodfood's ability to beat estimates has been a positive sign for investors, indicating operational resilience. However, with the recent appointment of a new CEO and a strategic reset, the market will be looking for signals that these changes are translating into improved financial results.

Goodfood's EPS Consensus: -$0.06

This consensus represents a notable improvement from last year's -$0.08, indicating potential operational improvements.

Bull case

Goodfood has shown it can surprise investors with better-than-expected results, and analysts are predicting a 25% growth in EPS. If the company can effectively implement its strategic reset and enhance cash flow, it may continue to gain investor confidence.

Bear case

On the flip side, Goodfood faces ongoing challenges, including a negative profit margin of -12.64% and a declining stock performance. If the company fails to meet even the lowered expectations, it could lead to a further drop in investor sentiment.

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Wealth Awesome
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Wealth Awesome

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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: July 20, 2026
Last Updated: July 20, 2026

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