Curaleaf Holdings Inc. (PNK:CURLF) is a leading international provider of consumer cannabis products. The company is set to release its quarterly earnings on March 3, 2025, with Wall Street estimating an earnings per share (EPS) of -$0.06 and projected revenue of approximately $332.2 million. Despite the negative EPS, Curaleaf is actively expanding its market presence.
Curaleaf has partnered with Total Wine & More to distribute its Select Zero Proof hemp-derived THC seltzers. This collaboration will make the seltzers available in over 100 Total Wine stores across nine states, including Arizona, Florida, and Texas. This strategic move aims to enhance Curaleaf's consumer reach and potentially boost future revenue streams.
The company is also relocating its Sedona, Arizona dispensary to a more accessible site, enhancing convenience for local customers. The new location will offer a diverse range of premium products, including Select Zero Proof Hemp Seltzer and Select vapes. This relocation is part of Curaleaf's efforts to strengthen its retail presence and customer accessibility. Curaleaf maintains a moderate debt-to-equity ratio of 0.88, indicating a balanced approach to leveraging debt.
Financially, Curaleaf's price-to-earnings (P/E) ratio is -4.87, highlighting negative earnings. The price-to-sales ratio is 0.74, suggesting the stock is valued at less than one times its sales. The current ratio of 1.11 indicates a reasonable level of short-term liquidity, showing that Curaleaf can cover its current liabilities with its current assets.