)
Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Trulieve Cannabis
Trulieve Cannabis (TRUL) investor relations material
Trulieve Cannabis Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary26 Feb, 2026
Executive summary
Full year 2025 revenue reached $1.2 billion, with 94% from retail sales and a 60% gross margin; fourth quarter revenue was $293 million, up 2% sequentially.
Record adjusted EBITDA for the year was $427 million (36% margin), and cash flow from operations was $273 million, exceeding targets.
Net loss attributable to common shareholders was $116 million for the year, with an adjusted net loss of $27 million after excluding non-recurring items.
Added 11 dispensaries in 2025, ending the year with 233 retail locations nationwide.
Strategic priorities for 2026 include expanding access, growing the customer base, elevating branded products, and investing in growth initiatives.
Financial highlights
Retail revenue for 2025 totaled $1.1 billion, with traffic and units up 5% year-over-year; wholesale revenue hit a record $71 million, up 23% year-over-year.
Gross margin held steady at 60% for both the full year and fourth quarter, reflecting operational efficiencies.
Adjusted EBITDA reached $427 million for the year (36% margin), up 2% from 2024.
Free cash flow for 2025 was $229 million, and cash at year-end totaled $256 million; debt stood at $232 million.
Net loss for the year was $160 million, compared to $155 million in 2024; fourth quarter net loss was $43 million ($0.22 per share), or $0.02 per share excluding non-recurring items.
Outlook and guidance
First quarter 2026 revenue expected to decline sequentially by low to mid-single digits due to seasonality.
Full year 2026 operating cash flow projected at least $250 million; capital expenditures up to $85 million.
Plans to open at least five new stores, complete five relocations, and refresh at least 45 stores in 2026.
Management highlighted momentum into 2026, focusing on expanded access, customer loyalty, branded products, and growth initiatives.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Trulieve Cannabis earnings date
Q1 20266 May, 2026
Trulieve Cannabis
Next Trulieve Cannabis earnings date
Q1 20266 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Trulieve Cannabis, together with its subsidiaries, operates as a medical cannabis company in the United States. The company cultivates, produces, distributes, and retails medical cannabis products in the form of flower, concentrates, and infused products through its branded retail stores, as well as delivery channels.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage