BEACN Wizardry & Magic Inc (TSE:BECN) has released an update.
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BEACN Wizardry & Magic Inc. reported a 16% increase in gross profit for Q3, attributed to a higher margin product and increased direct-to-consumer sales. Despite challenges with stock availability leading to decreased quarterly revenue, the company saw a 14% rise in year-to-date revenue. BEACN is optimistic about expanding its B2B partnerships and anticipates strong consumer sales in the coming quarter.
For further insights into TSE:BECN stock, check out TipRanks’ Stock Analysis page.
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