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Two Blokes Mon at 5:30 PM -
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Growth slowed in Q1 due to supply constraints, but management reaffirmed FY2025 guidance of $740 million in revenue and $100 million in EBITDA. Profitability improved with net margins at 10% supported by the company's asset-light model and pricing power in food staples. This quarter saw the added risk of a potential impact from tariffs, although this is expected to be offset by double-digit price increases.
