- RWB is set to release its Q3 financial results on November 29, 2021
- A conference call will follow this release on November 30, 2021, at 5:00 PM ET to discuss these results, the company’s operations, upcoming events, and a Q&A session
- A replay of the call will be available for 90 days, starting three hours after the conclusion
- RWB is increasingly optimistic about its Q3 performance following growth in revenue from Q1 to Q2, along with strategic investments that would allow for Q3 growth
Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) just announced that it will be releasing its third-quarter (“Q3”) 2021 financial results on Monday, November 29, 2021, after market close. The company will also hold management discussions and analyses (“MD&A”) and other subsequent events following the release (https://cnw.fm/Xh5nx).
This will mark Christopher Ecken’s first financial release, having joined RWB as its new Chief Financial Officer (“CFO”) back in October 2021 (https://cnw.fm/jwGsn).
A conference call is also scheduled for Tuesday, November 30, 2021, at 5:00 PM ET. Here, Brad Rogers, RWB’s Chief Executive Officer (“CEO”), will introduce Mr. Ecken, after which they will discuss the company’s Q3 2021 results, operations, and upcoming events. The conference will also feature a Q&A session with the company’s management, during which attendees will have the opportunity to ask them questions on various topics, including the company’s Q3 financial performance.
RWB is optimistic about its Q3 performance. During the Q2 2021 announcement back in August 2021, Mr. Rogers was keen to acknowledge that the company was making significant strides that would play an integral role in its Q3 financial performance.
“We continue to make great strides with our branded products and see momentum in Q2, which has teed up Q3 nicely, and will translate into a strong second half,” he noted.
“In Florida, after closing the acquisition at the end of April, we have made strategic investments that are allowing us to quickly ramp up capacity as well as complete construction for new store openings before the end of 2021,” he added (https://cnw.fm/wgfzW).
Mr. Rogers announced that revenue for the second quarter was up by 13% from the previous quarter, along with several significant raw material inventory purchases geared towards supporting growth for Q3, in anticipation of new branded product line launches.
Those interested in the announcement can listen online and ask questions via this webcast link:
https://cnw.fm/3PULJ. (Questions during the Q&A will be accepted only via this link.)
Dial-in numbers for the conference call for listening only are:
A recording of the call will be available approximately three hours following the conference call at https://ir.redwhitebloom.com/
The call will also be available for replay for 90 days, starting three hours after the conclusion of the call. Simply dial 877-660-6853 or 201-612-7415 and enter access ID: 13725118.
Going forward, RWB will be announcing dates of earnings reports 30 days before their release. This is one of several new operating procedures to be implemented by Christopher Ecken, RWB’s new CFO.
For more information, visit the company’s website at www.RedWhiteBloom.com.
NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at https://cnw.fm/RWBYF
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