- Farmmi Inc (NASDAQ:FAMI) has bagged a new export order for Canada. The financial terms were not disclosed.
- The order is for the company’s Winter mushrooms and Camellia mushrooms.
- The company said North America remains one of the highest growth potential markets after its domestic market in China.
- “We are focused on driving growth as we leverage the strong platform we built in our core fungi business, with the significant new greenfield revenue opportunities we recently added in corn and cotton,” said Chairwoman and CEO Yefang Zhang.
- Farmmi is an agricultural products supplier, processor, and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products.
- Price Action: FAMI shares are trading lower by 0.91% at $0.78 on the last check Wednesday.
Big Lots Sees Q4 Comps To Decline Low-Double-Digit Range
Company Outlook
For the fourth quarter, the company expects comps to be down in the low-double-digit range. Net new stores will add about 170 basis points of growth versus 2021. The company expects the fourth quarter
