Maison Solutions Inc. ( MSS ) , a specialty grocery retailer offering traditional Asian and international food, shares are trading higher Tuesday after the company reported its first-quarter financial results after Monday's closing bell. Here's a look at the details from the report. 

The Details:

Maison Solutions ( MSS ) reported $29.6 million in sales for the quarter, up from $13.8 million in the prior year's quarter. Maison said its newly acquired subsidiary, Lee Lee Oriental Supermart, Inc. substantially contributed to the revenue increase, totaling $18.2 million.

The company also reiterated its revenue guidance for fiscal year 2025 of between $120 million and $125 million and expects to be net income positive for the fiscal year. 

Read Next: Snowflake Stock Dips On Offering After-Hours: What To Know

“We are pleased with our financial results for Q1 2025, as it marked the first full quarter with Lee Lee included under the Maison Solutions ( MSS ) umbrella,” said John Xu, CEO of Maison Solutions ( MSS ). “We are encouraged by the immediate financial impact Lee Lee has had across all metrics, importantly, gross margins, which improved from 22.6% in the same quarter last year to 27.9%, getting us closer to the coveted 30% goal for our industry."

According to data from Benzinga Pro, Maison Solutions ( MSS ) shares are trading on heavy volume with more than 77 million shares already traded in Tuesday's session. 

MSS Price Action: According to Benzinga Pro, Mission Solutions shares are up 90.2% at $1.35 at the time of publication Tuesday.

Read Also:

What Happened With Palantir Stock Today?

Image: Moondance from Pixabay