cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) announced its financial results for our third quarter of fiscal 2024 ending June 30, 2024. Total sales fell 15% to $5.1 million from last year’s $6.4 million, but cbdMD noted that sales were up 18% sequentially. cbdMD reported a net income of …
Safe Harbor continues profitable streak into second quarter
Colorado-based SHF Holdings Inc., which does business as Safe Harbor Financial (Nasdaq: SHFS) reported net income of $900,000 for the second quarter, down from $2 million in the first quarter but a vast year-over-year improvement from last year’s second quarter loss of $17.6 million. Year-over-year revenue for the quarter dipped …
Inflation cools, clearing way for rate cut
WASHINGTON — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September. Wednesday’s report from the Labor Department showed that consumer prices rose just 0.2% from