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业绩会交易摘要：
Financial Performance:
金融业绩：
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净营收从去年的1600万美元下降至1230万美元，但较Q1的1210万美元略有增长。
由于一次性非现金库存准备金，Q2毛利率报告为21％。除此之外，调整后的毛利率为52.2％。
Q2营运亏损为1210万美元，包括非现金库存准备金。本季度净亏损为1100万美元，每股亏损0.07美元。
Business Progress:
业务进展：
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.
推出了一款新的电子商务平台，提升消费者体验和销售额。
扩大了分销范围，包括在800多家沃尔玛门店推出新的CBD孤立型局部产品。
B2C零售业务板块由于改善的分销和新产品在Q1的基础上增长了8.8％。
实施SG＆A的削减计划，旨在实现年度节约1500万美元的目标，进一步支持成本与收入水平的对齐。
Opportunities:
机会：
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.
预计新的电子商务平台将通过改进定位和客户关系管理能力，提升D2C销售。
进军沃尔玛商店的战略扩张为其带来了巨大的增长机会，并有可能进一步扩大其国家规模。
新推出的价格实惠的CBD产品表现良好，表明有强大的市场潜力。
Risks:
风险：
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.
由于联邦监管缺乏明确性以及导致消费者困惑，CBD市场仍在面临持续的困难。
由于消费者自由支配支出的通胀压力，高定价策略可能会对销售产生更大的影响。
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