Smart for Life Q2 Sales $2.30M Miss $3.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Smart for Life (NASDAQ:SMFL) reported Q2 sales of $2.30 million, missing the analyst consensus estimate of $3.00 million by 23.33 percent. This represents a 46.32 percent decrease compared to the same period last year.

August 23, 2023 | 12:41 pm
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Smart for Life's Q2 sales missed estimates by 23.33% and decreased by 46.32% YoY.
Smart for Life's Q2 sales significantly missed the analyst consensus estimate and also showed a substantial decrease compared to the same period last year. This negative financial performance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price in the short term.
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