and everyone. you, Thank David, good morning
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free to on moving Now, flow. cash
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see can key our metrics, results make progress during in laid gross you the declined CapEx target. the percentage get from As have in working On QX, reduction of a our out we basis. continue SG&A cash that June and against both flow a we meeting. we metrics our we investor to profitability financial capital as on to XX% are and to metrics, our a our year-over-year back working On sales, margin delivered
QX as close, offer to relates our factors few I consider I Before would key to a it outlook. like to
with store expect a rec net flower we our share in revenue our to market Ontario, additional business perspective, momentum. improved improve provide continue Canadian from openings First, to to continuing and
refocus our Quatreau. contribution continued and from products the as expect we addition, we In beverages our launch of vape portfolio, X.X benefit from our
selling the and delivery U.S. and UK our has planned from Works beverages gain the retailers direct holiday expect from benefit launches of should BioSteel network. hydration through expanded benefit the of sports a as we distribution thousands its units This to is ready-to-drink business season. new continue expected in strategic across growth new see United store access to Second, number product accelerate, to States.
of some the is adoption of numbers case global Third, COVID-XX within measures core lockdown, we’re pandemic monitoring. various continuing and jurisdictions and couple new markets response to form of lockdown the to including worth our in prolonged Germany, months, past over the monitor have reentered rising
QX. we Lastly, coming we kick improve expect conclusion, a operating And as our momentum start from leverage, and return to in we we building supply as the path until our businesses and to address margin across as won’t target coming in in growth to a time. seeing continue in improved key business routes multiple our and U.S. with we to also maintaining And win ecosystem prepared our And David evolving diversified this and the share. to questions ways be to Canadian U.S. while remarks our our are strong market as analysts. And concludes execution, improve our strategy discipline. our market we now I In to XX% to life. from This my new over is be gross and in finally, cannabis build financial chain is savings efficiencies our doing margins initiatives margins is rec low-XXs many expect to the are gross operator, achieving that would gross has positive quarters, happy business resuming to take
