cbdMD Inc. reported preliminary unaudited financial results for the fourth quarter and full fiscal year ended September 30, 2025. Net sales revenue for fiscal 2025 is expected to range between $19.1 million and $19.3 million, compared to $19.5 million in fiscal 2024. For the fourth quarter of fiscal 2025, net sales revenue is expected to be between $4.7 million and $4.9 million, up from $4.6 million in the same period last year, representing an increase of 3% to 5%. The company expects its net loss for fiscal 2025 to improve to a range of $1.9 million to $2.1 million, compared to a net loss of $3.7 million in fiscal 2024. cbdMD highlighted actions taken to strengthen its business and operating model and reported positive sequential and year-over-year revenue growth for the fourth quarter.