secwatch.observer — SEC 8-K summary
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Issuer:     Maison Solutions Inc. (MSS)
CIK:        0001892292
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001213900-24-069046
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maison Solutions FY2024 net loss $3.3M; revenue up 4.8% to $58.0M; guides FY2025 revenue $120-125M
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- Net loss of $3.3M vs net income of $1.3M prior fiscal year; net loss driven by lower gross profit and higher expenses.
- Total net revenues $58.0M (+4.8% YoY); gross margin fell to 20.0% from 22.5% due to inventory write-offs and occupancy costs.
- Acquired Lee Lee supermarkets (3 stores in Arizona) in April 2024; expects to more than double top-line in FY2025.
- FY2025 guidance: revenue $120-125M and net income positive; store renovation underway in El Monte, CA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892292/000121390024069046/0001213900-24-069046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892292/000121390024069046/ea0211359-8k_maison.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-069046

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