
Trulieve Cannabis Corp. reported a net revenue of $1.2 billion for the full year 2024, marking a 5% increase from the previous year. The company achieved a gross margin of 60% and generated a record cash flow from operations of $271 million and free cash flow of $150 million. For the fourth quarter, Trulieve's revenue rose by 5% to $301 million, with a gross margin of 62%. 95% of the company's revenue came from retail sales. Cronos Group Inc. reported a 27% year-over-year increase in net revenue for the fourth quarter of 2024, reaching $30.3 million. For the full year, net revenue increased by 35% to $117.6 million. Cronos ended 2024 with Spinach® as the number one cannabis brand in Canada and PEACE NATURALS® as the top brand in Israel, capturing a 23% market share in the Canadian edibles market with its SOURZ by Spinach® products. Papa Johns reported a 4% decline in same-store sales for the fourth quarter of 2024, with total revenues of $531 million, down 7% from the previous year. Despite the decline, the company is confident in its turnaround plan, focusing on menu innovation, local advertising, and improving its value proposition. The company also reported 122 net unit openings during the quarter. Sweetgreen Inc. reported mixed results for the fourth quarter of 2024, with a significant earnings miss and a grim outlook for 2025. The company's stock price dropped to $20 from $45 in November, reflecting a slowdown in same-store sales growth from +6% to +4%. Sweetgreen's first quarter guidance for 2025 anticipates same-store sales growth of +2-3%. Caesars Entertainment reported a net loss of $278 million for 2024 as group revenue declined. However, the company remains optimistic about digital growth opportunities.









































Papa Johns pushes turnaround plan amid Q4 4% same-store sales drop. The Atlanta-based pizza chain is adjusting its value proposition and pushing menu innovation minus operational complexities https://t.co/thAEYokTqV
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