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India

Freshii Inc (FRII.TO)

FRII.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Freshii Inc says Michael Allen Has Resigned As Director
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Freshii Inc ::FRESHII INC - MICHAEL ALLEN HAS RESIGNED AS A DIRECTOR OF COMPANY.FRESHII - ALLEN WAS REQUIRED TO TENDER HIS RESIGNATION "SOLELY AS A RESULT OF A CHANGE IN CIRCUMSTANCES RELATED TO HIS PERSONAL BUSINESS INTERESTS".FRESHII INC - ALLEN INTENDS TO REMAIN ENGAGED WITH FRESHII IN SOME CAPACITY GOING FORWARD.  Full Article

Freshii announces qtrly total revenue $4.5 million
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Freshii Inc :Freshii Inc. announces third quarter fiscal 2017 results.Freshii Inc - ‍Same-store sales growth for 13 week period ended September 24, 2017 was 5.1%​.Freshii Inc - ‍Company raised same-store sales growth outlook to "approximately 5%" for fiscal 2017​.Freshii Inc - Sees ‍system-wide sales growing to between $275 million and $285 million by end of fiscal 2019​.Freshii Inc - ‍Starting with Q1 of 2018, company will no longer add locations opened on an enhanced openings basis to its store opening count​.Freshii Inc - ‍Still expect to achieve between 90 and 95 net new openings in fiscal 2017​.Freshii Inc - Qtrly total revenue $4.5 million versus $4.2 million ‍​.Freshii Inc qtrly ‍net loss $988,000 versus income of $601​,000 last year.Q3 revenue view $4.7 million -- Thomson Reuters I/B/E/S.Freshii Inc qtrly ‍adjusted net income $327,000 versus $893​,000.  Full Article

BRIEF-Freshii Inc Says Has Released An Open Letter To Subway

* FRESHII INC SAYS HAS RELEASED AN OPEN LETTER TO SUBWAY (DOCTOR'S ASSOCIATES INC)