Shares of this company have returned -15.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The Zacks Medical - Products industry, to which High Tide belongs, has gained 2.1% over this period. Now the key question is: Where could the stock be headed in the near term? Earnings Estimate Revisions We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a ...

To commemorate the 21st annual Jeep® Beach event in Daytona Beach, Florida, the Jeep brand is celebrating the Sunshine State with the debut of the new 2024 Jeep Gladiator High Tide Edition. The first High Tide Edition for Jeep Gladiator, launching exclusively for Floridians, delivers a distinct appearance combined with legendary Jeep 4x4 capability. To commemorate the 21st annual Jeep® Beach event in Daytona Beach, Florida, the Jeep brand is celebrating the Sunshine State with the debut of the new 2024 Jeep ...

The stock market rally has been showing no sign of stopping, and while most of it has been driven by Big Tech, it is worth looking into some little-known penny stocks. These stocks usually see huge breakouts and trade at big premiums during bullish rallies. We haven't seen that happen across most penny stocks just yet, but I think it's a good reason to buy up some high-potential names if you are willing to stomach the risks. Of course, many of these penny stocks are more than just short- to mid-term plays. ...

CALGARY, AB, June 28, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 40 Great Plains Road, Emerald Park, Saskatchewan will begin selling recreational cannabis products and consumption accessories for adult use on Saturday, June 29. Additionally, its store located at 1 ...

CALGARY, AB, June 26, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that it has entered into a definitive asset purchase agreement dated June 25, 2024 (the "Purchase Agreement") pursuant to which High Tide will acquire a retail cannabis store in Mississauga, Ontario, currently operating as Cantopia for $600,000 (the "Tra ...

CALGARY, AB, June 20, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 5308 17 Ave SW Calgary will begin selling recreational cannabis products and consumption accessories for adult use tomorrow, June 21. This opening will mark High Tide's 173rd Canna Cabana branded ret ...

High Tide Inc. (NASDAQ:HITI) Q2 2024 Earnings Conference Call June 14, 2024 11:30 AM ET Company Participants Krystal Dafoe - Director, Corporate Governance Raj Grover - President and Chief Executive Officer Mayank Mahajan - Chief Financial Officer Conference Call Participants Scott Fortune - Roth Capital Partners Ty Collin - Eight Capital Frederico Gomes - ATB Capital Markets Matt Bottomley - Canaccord Genuity Andrew Semple - Echelon Capital Markets. Mike Regan - Excelsior Equities Operator Good morning. My ...

High Tide's Q2 report showed a year-over-year revenue increase of 5.2% into 124.3 million CAD, missing the estimated 127.5 million CAD by a couple of percentage points. The sales declined quarter-over-quarter due to the industry's seasonal weakness in especially February. The adjusted EPS came in at $0.00 compared to estimates of a normalized $0.02. In my previous article, I highlighted the importance of improved margins. The quarter came after High Tide showed a great margin improvement in Q4 and Q1, as th ...

This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced break-even earnings, delivering a surprise of 100%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings c ...

Exhibit 99.1 Condensed Interim Consolidated Financial Statements For the three and six months ended April 30, 2024 and 2023 (Stated in thousands of Canadian dollars, except share and per share amounts) (Unaudited) High Tide Inc. Condensed Interim Consolidated Financial Statements For the three and six months ended April 30, 2024 and 2023 Condensed Interim Consolidated Financial Statements for the three and six months ended April 30, 2024 and 2023. The accompanying unaudited condensed interim consolidated fi ...