The Globe and Mail reports in its Friday, April 19, edition that Desjardins Securities analyst Frederic Tremblay believes that Goodfood Market is successfully maintaining cost discipline despite the challenging macroeconomic environment, which is affecting its near-term growth prospects. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay has reaffirmed his "hold" recommendation for Goodfood Market. Mr. Tremblay gave his share target a 10-cent trim to 65 cents. Analysts on average target the shares at 60 cents. Mr. Tremblay says in a note: "Q2 results featured a beat on adjusted EBITDA as cost discipline contributed to profitability, cash flow and leverage improvements. Looking ahead, we are slightly more cautious on the timing of the return to top-line growth given a tough consumer spending environment. Nonetheless, our adjusted EBITDA forecasts move higher. Management's willingness to explore small M&A opportunities is intriguing, but we believe the company will need to be very selective. ... Top-line growth remained evasive in Q2 as a decline in active customers offset higher revenue per customer. That said, cost discipline led to record gross margin of 43 per cent."