Better Choice Co Inc. - BTTR STOCK NEWS

154 Agency LLC has partnered with Better Choice Company (NYSE: BTTR) to enhance its digital marketing and brand development. This collaboration aims to boost Better Choice's online visibility through refreshed investor presentations and enhanced social media management. Better Choice, known for its premium pet food brands Halo and TruDog, seeks to connect its corporate parent with its products. The partnership is positioned to help Better Choice strengthen its brand narrative and appeal to current and potential investors.

Better Choice Company (NYSE: BTTR) will participate in two significant conferences in October 2021. The LD Micro Main Event will feature a virtual presentation on October 12 at 9:30 a.m. ET. Interested viewers can register here. The Dawson James Small Cap Growth Conference will take place live on October 21 at 3:40 p.m. ET. Management will hold 1-on-1 meetings at this event.

Better Choice Company (NYSE: BTTR) has appointed Lionel Conacher and Arlene Dickinson to its Board of Directors, effective September 28, 2021. Conacher brings over 30 years of financial expertise, including leadership roles in public companies and venture capital. Dickinson, a successful entrepreneur and venture capitalist, is known for her role in CBC's Dragons' Den. Chairman Michael Young expressed confidence that their combined experience in finance, retail, and health will enhance the company's growth strategy and product innovation in the pet wellness sector.

Better Choice Company (NYSE American: BTTR) has repurchased approximately $1.3 million of its common stock at an average price of $3.67 per share, as part of a $2.0 million stock repurchase program authorized by its Board of Directors. This program, set to continue until December 31, 2021, allows share repurchases in open market or private transactions. Chairman Michael Young emphasized the company's belief that their shares are undervalued and stated that they are committed to reinvesting in their growth opportunities within the premium pet food industry.

Better Choice Company (NYSE: BTTR) announced participation in the Jefferies Virtual Pet Summit on September 16, 2021. CEO Scott Lerner, EVP Donald Young, and EVP Rob Sauermann will engage in a fireside chat at 2:20 p.m. ET, accessible via the Better Choice investor page. Management will also conduct 1x1 meetings with investors. The company focuses on an alternative nutrition-based approach in the pet health sector, aiming to enhance pet product offerings and capitalize on trends in pet humanization and health consciousness.

Better Choice Company Inc. (BTTR) has expanded its term-loan credit facility from $6.0 million to $7.5 million with Wintrust Bank. The unchanged terms include an interest rate of Libor plus 250 basis points and a maturity date of January 6, 2024. CEO Scott Lerner emphasized the importance of this increase for the company's growth strategy, especially with anticipated product launches in 2022. The firm remains focused on delivering high-quality products in the expanding animal health and wellness sector.

Better Choice Company, operating under the ticker BTTR, has announced a stock repurchase program allowing for the buyback of up to $2 million in common stock, effective until December 31, 2021. Chairman Michael Young expressed confidence in the company's strength and the chance to purchase shares at a discount. Repurchases will be executed in compliance with SEC regulations, funded by the company's cash reserves, and may be influenced by market conditions and financial performance.

Better Choice Company (BTTR) reported its Q2 2021 financial results, highlighting an 11% quarter-over-quarter net revenue growth, driven by international sales which rose 72%. Gross sales reached $13.1 million, with net sales at $11.0 million. However, the company experienced a loss from operations of $3.2 million for the quarter. In July, Better Choice secured a significant distribution agreement with Pet Supplies Plus for its Halo Elevate brand, slated for a national launch in 2022. The company anticipates continued growth through its multi-channel strategy.