Charlotte's Web Q2 FY26 net loss narrows 34.4% to $4.1 million; revenue falls 15.2% to $10.9 million

Reuters2026/08/13 11:08

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Charlotte's Web posted Q2 revenue of $10.9 million, down 15.2% from a year earlier.
Net loss narrowed to $4.1 million, or $(0.02) per share, from $6.3 million, or $(0.04) per share.
Gross margin widened 0.7 percentage points to 47.5%, while SG&A expenses fell 5.4% to $9.5 million.
Cash and cash equivalents ended at $14 million, up from $5.2 million at March 31, reflecting a $10 million BAT private placement.
BAT converted its C$75.3 million convertible debenture into shares, cutting total liabilities by $57 million and restoring shareholders' equity to $56.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Charlotte's Web Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608130707NEWSFILECNPR____20260813_309425_1) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Charlotte's Web Q2 FY26 net loss narrows 34.4% to $4.1 million; revenue falls 15.2% to $10.9 million

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