The Globe and Mail reports in its Thursday, Jan. 23, edition that Desjardins Securities analyst Frederic Tremblay has reaffirmed his "hold" recommendation for Goodfood Market. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tremblay gave his share target a five-cent trim to 60 cents. Mr. Tremblay says in a note: "At the risk of sounding like a broken record, net sales growth remained evasive while adjusted EBITDA was slightly better than expected in 1Q FY25. While we like aspects of the Goodfood Market story (positive adjusted EBITDA, improved cash flow profile, M&A opportunities), we maintain our 'hold' recommendation due to a challenging consumer environment (impacting the active customer count and order rates), organic revenue declines and our wait-and-see stance on Goodfood's nascent bitcoin treasury strategy." The Globe reported on April 19 that Mr. Tremblay continued to rate Goodfood Market "hold." In the item Mr. Tremblay said Goodfood Market was successfully maintaining cost discipline despite a challenging macroeconomic environment. The shares could then be had for 32 cents.