$GRIL reports record revenue of $58M for Feb 2023, credits subsidiary for success
Mar 13th 2023, 12:31 pm
Analyst Summary: Muscle Maker, Inc. reported top-line revenue of over $58 million for the month of February 2023, marking the achievement of four consecutive months above $50 million for the company. This revenue success demonstrates the continued success of its wholly owned Sadot subsidiary. The CEO, Michael Roper, expressed his satisfaction with the revenue results, citing the consistent top-line contribution of Sadot during the traditionally slower season of the annual business cycle. The company looks forward to reporting its fully audited financials later this month and discussing the bottom-line impact and planned initiatives for continued success. However, investors should note that this press release includes forward-looking statements that involve risks and uncertainties that could cause actual results to differ from projections.