Earnings Call Summary | CHARLOTTES WEB HOLDINGS INC(CWBHF.US) Q2 2024 Earnings Conference
Earnings Call Summary | CHARLOTTES WEB HOLDINGS INC(CWBHF.US) Q2 2024 Earnings Conference
Operating loss for Q2 was $12.1 million, including the noncash inventory provision. Net loss for the quarter was $11 million or $0.07 per share.The following is a summary of the Charlotte's Web Holdings Inc. (CWBHF) Q2 2024 Earnings Call Transcript:
以下是Charlotte's Web Holdings Inc.（CWBHF）2024 Q2業績會交易摘要：
Financial Performance:
金融業績：
Q2 net revenue decreased to $12.3 million from $16 million in the prior year, but showed a slight increase over Q1 revenue of $12.1 million.
Gross margin for Q2 was reported at 21% due to a one-time noncash inventory provision. Excluding this, the adjusted gross margin was 52.2%.
Operating loss for Q2 was $12.1 million, including the noncash inventory provision. Net loss for the quarter was $11 million or $0.07 per share.
2024年Q2淨營收從去年的1600萬美元下降至1230萬美元，但較Q1的1210萬美元略有增長。
由於一次性非現金庫存準備金，Q2毛利率報告爲21％。除此之外，調整後的毛利率爲52.2％。
Q2營運虧損爲1210萬美元，包括非現金庫存準備金。本季度淨虧損爲1100萬美元，每股虧損0.07美元。
Business Progress:
業務進展：
Launched a new e-commerce platform, enhancing consumer experience and sales.
Expanded distribution, including entry into over 800 Walmart stores with new CBD isolate topical products.
B2B retail business segment grew by 8.8% over Q1 due to improved distribution and new products.
Initiated SG&A reductions aiming for a $15 million increase in savings year-over-year, further supporting cost alignment with revenue levels.
推出了一款新的電子商務平台，提升消費者體驗和銷售額。
擴大了分銷範圍，包括在800多家沃爾瑪門店推出新的CBD孤立型局部產品。
B2C零售業務板塊由於改善的分銷和新產品在Q1的基礎上增長了8.8％。
實施SG＆A的削減計劃，旨在實現年度節約1500萬美元的目標，進一步支持成本與收入水平的對齊。
Opportunities:
機會：
New e-commerce platform expected to enhance D2C sales with improved targeting and customer relationship management capabilities.
Strategic expansion into Walmart stores presents a significant growth opportunity with the potential for further national expansion.
Newly introduced affordably priced CBD products are performing well, indicating strong market potential.
預計新的電子商務平台將通過改進定位和客戶關係管理能力，提升D2C銷售。
進軍沃爾瑪商店的戰略擴張爲其帶來了巨大的增長機會，並有可能進一步擴大其國家規模。
新推出的價格實惠的CBD產品表現良好，表明有強大的市場潛力。
Risks:
風險：
Ongoing headwinds in the CBD market due to a lack of federal regulatory clarity and resulting consumer confusion.
Premium pricing strategy might be impacting sales more significantly due to inflationary pressures on consumer discretionary spending.
由於聯邦監管缺乏明確性以及導致消費者困惑，CBD市場仍在面臨持續的困難。
由於消費者自由支配支出的通脹壓力，高定價策略可能會對銷售產生更大的影響。
More details: CHARLOTTES WEB HOLDINGS INC IR
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譯文內容由第三人軟體翻譯。
