The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
High Tide's Q2 again reflects Canna Cabana's retail success. The chain continued to gain market share with the strong discount club model, while earnings were also resilient for the segment. Over the long term, the Company's earnings should benefit from the revenue ramp-up of fresh store openings, Canna Cabana's great store economics, and private label expansion. HITI's international efforts are on more uncertain ground, with uncertain Cabana Club success. The entry to Germany was previously paused, but the Q2 report now showed encouraging remarks.
High Tide Inc. (NASDAQ:HITI ) Q2 2025 Earnings Conference Call June 17, 2025 11:30 AM ET Company Participants Carter Brownlee - Corporate Participant Harkirat Grover - Founder, CEO, President & Executive Chairman Mayank Mahajan - Chief Financial Officer Conference Call Participants Andrew Semple - Ventum Financial Corp., Research Division Frederico Yokota Choucair Gomes - ATB Capital Markets Inc., Research Division Matt Bottomley - Canaccord Genuity Corp., Research Division William Joseph Kirk - ROTH Capital Partners, LLC, Research Division Operator Good morning. My name is Angeline, and I will be your conference operator today.
High Tide Inc. (HITI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to break-even earnings per share a year ago.
In the closing of the recent trading day, High Tide Inc. (HITI) stood at $2.32, denoting a -1.69% change from the preceding trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
High Tide Inc. (HITI) closed the most recent trading day at $2.29, moving +1.78% from the previous trading session.
High Tide Inc. (HITI) reachead $2.28 at the closing of the latest trading day, reflecting no change compared to its last close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
High Tide Inc. (HITI) closed the most recent trading day at $2.34, moving -0.85% from the previous trading session.
High Tide Inc. (HITI) concluded the recent trading session at $2.37, signifying a -1.25% move from its prior day's close.
In the latest trading session, High Tide Inc. (HITI) closed at $2.37, marking no change from the previous day.