Cbdmd stabilizes revenue and significantly improves operating results

Company reduces annualized sg and a expenses $24 million year over year charlotte, north carolina--(newsfile corp. - may 15, 2023) - cbdmd, inc. (nyse american: ycbd) (nyse american: ycbdpa), one of the nation's leading and most highly trusted and recognized cbd companies, and operator the leading cbd brands - including its flagship brand cbdmd, and its animal health brand paw cbd, today announced our second quarter of fiscal 2023 results. for the second quarter of fiscal 2023 gaap net loss improved to $1.4 million on sales of $6.2 million as compared to a $5.0 million net loss on sales of $9.6 million in the prior year comparative quarter.
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