Franchise Group, Inc. reported earnings results for the first quarter ended April 01, 2023. For the first quarter, the company reported sales was USD 7.45 million compared to USD 8.02 million a year ago. Revenue was USD 1,104.82 million compared to USD 1,135.47 million a year ago.

Net loss was USD 108.32 million compared to net income of USD 12.32 million a year ago. Basic loss per share from continuing operations was USD 3.16 compared to basic earnings per share from continuing operations of USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 3.16 compared to diluted earnings per share from continuing operations of USD 0.25 a year ago.