secwatch.observer — SEC 8-K summary
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Issuer:     Green Thumb Industries Inc. (GTBIF)
CIK:        0001795139
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001193125-23-273509
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Thumb Q3 revenue $275M record; GAAP net income $11M, adjusted EBITDA $83M
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- Revenue of $275M, up 9% sequentially and 5.4% YoY; GAAP net income $0.05 per share.
- Adjusted EBITDA $83M (30.1% of revenue) vs $84.5M (32.3%) YoY; cash flow from ops $61M in Q3.
- Share repurchases of $25M during quarter (>1% of shares outstanding); cash balance $137M.
- Adult-use sales launched in Maryland at 4 RISE Dispensaries on July 1; new stores opened in NV and FL.
- Comparable store sales up 0.2% YoY on 77 stores; gross margin 48.6% vs 50.2% on price compression.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795139/000119312523273509/0001193125-23-273509-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795139/000119312523273509/d582778d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-273509

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer