Green Thumb Q2 revenue $280M (+11% YoY), net income $21M, adj EBITDA $94M

Green Thumb Industries Inc.

2024-Q2 EPS reported $0.22 revenue$555,953,000

Q2 revenue $280M (+11% YoY); GAAP net income $21M ($0.09/share) vs $13.4M ($0.05).
Adjusted EBITDA $94M (34% revenue) vs $75.8M (30%) prior year.
Cash $196M; six-month operating cash flow $104M after $53M tax payments under 280E.
Repurchased 1.66M shares for $20M in Q2; comparable store sales up 2.3% on 76-store base.
CEO notes DEA rescheduling delay; Ohio adult-use sales launching soon.

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