Welcome to our dedicated page for Better Choice Company news (Ticker: BTTR), a resource for investors and traders seeking the latest updates and insights on Better Choice Company stock.
Better Choice Company Inc. operates as an animal health and wellness company, offering raw-diet dog food, premium kibble, CBD products, supplements, and grooming aids under brands like Halo and TruDog. Founded in 2013, headquartered in Oldsmar, Florida, and sells primarily through online platforms and specialty stores.
Better Choice Co Inc, a pet health and wellness company, provides a variety of premium pet products and hemp-derived CBD supplements through brands like Halo and TruDog. Its products include dog and cat food, vegan options, oral care products, supplements, and grooming aids, all of which are sustainably sourced and made according to nutritional philosophy.
Better Choice Company (NYSE: BTTR) reported record financial results for Q1 2022, achieving 57% growth in net sales year-over-year, totaling $17.0 million. This growth was primarily driven by 178% growth in International sales and 129% growth in Brick & Mortar sales. The gross margin improved to 28%, up from 25% in Q4 2021. Despite these gains, the company reported a net loss of $4.0 million. Better Choice aims to expand its presence in the pet specialty market, targeting 2,000 stores by the end of 2022. CEO Scott Lerner expressed optimism for continued growth, emphasizing new product developments.
Better Choice Company (NYSE: BTTR) has scheduled a conference call and webcast for May 12, 2022, at 8:30 a.m. ET to discuss its Q1 2022 financial results and provide a business update. Interested participants can join via a toll-free number or through the online webcast. A replay will be available until May 26, 2022. Better Choice focuses on pet health and wellness, promoting nutrition-based products for pets. Their brands, Halo and TruDog, emphasize health and sustainability in pet food offerings.
Better Choice Company (BTTR) announced that its new Halo Elevate brand of super-premium, natural pet food will be available at over 600 Pet Supplies Plus locations starting in early April 2022. This collaboration positions Halo Elevate within the third-largest pet specialty retailer in the U.S., enhancing its market presence. CEO Scott Lerner expressed optimism for the partnership, noting the shared commitment to high-quality pet products.
Better Choice Company (BTTR) announced robust financial results for Q4 and the year ending December 31, 2021, achieving 18% quarterly net sales growth year-over-year. This was propelled by a remarkable 227% hike in International sales and a 6% increase in E-commerce sales. The company secured key partnerships with major retailers for its Halo Elevate brand, enhancing distribution significantly. Despite challenges, including a loss from operations of $5 million in Q4, the firm anticipates over 40% gross sales growth in Q1 2022, marking a promising outlook.
Better Choice Company (NYSE American: BTTR) has launched Halo Elevate, a new super-premium natural pet food brand. Designed to meet the top five pet health concerns, Halo Elevate features 39 SKUs of dry and wet food for dogs. Developed with optimal nutrient levels, the product promises full ingredient transparency, with highlights including industry-leading probiotics and omega fatty acids. The brand will be available in 2,000 pet specialty stores starting March 2022, including Petco and Pet Supplies Plus.
Better Choice Company (NYSE: BTTR) will host a conference call on March 29, 2022, at 8:30 a.m. ET to discuss its fourth quarter and fiscal year 2021 financial results. This call will provide a comprehensive business update, highlighting the company's commitment to promoting pet health and wellness. The event can be joined via a live call or webcast, with a replay available until April 12, 2022. Better Choice focuses on nutrition-based pet products through its brands, Halo and TruDog, aimed at enhancing the well-being of pets.
Better Choice Company (NYSE American: BTTR), a leading pet health and wellness firm, announced participation in three March 2022 investor conferences. Management will present at the DA Davidson Annual Consumer Growth Conference virtually on March 10, and at the ROTH Capital Partners 34th Annual Conference in person from March 13-15 in Dana Point, CA. Presenters include Donald Young, Ryan Wilson, Scott Lerner, and Robert Sauermann. 1x1 meetings will be available for investors. The Company focuses on sustainable pet food products that promote health and wellness.
Better Choice Company (BTTR) has announced a national distribution agreement with Phillips Pet Food & Supplies, aiming to launch its premium pet food brand, Halo Elevate, in over 500 independent stores. The partnership expands the availability of Halo Elevate to over 2,000 locations, including existing partners like Petco and Pet Supplies Plus. The first shipments are expected as early as March 2022. This collaboration is seen as a significant step in enhancing the company's market presence in the pet health sector.
Better Choice Company (NYSE: BTTR) celebrated its listing on the New York Stock Exchange by ringing The Opening Bell® on January 24, 2022. The event highlights the launch of Halo Elevate™, a new super-premium pet food set to debut in over 2,000 pet specialty stores. CEO Scott Lerner emphasized the company's commitment to growth and innovation in the pet products industry, underlining its focus on health and wellness for pets. Better Choice aims to be a leader in pet health, leveraging its established brands like Halo and TruDog to cater to the increasing demand for nutritious pet food.
FAQ
What is the current stock price of Better Choice Company (BTTR)?
What is the market cap of Better Choice Company (BTTR)?
When was Better Choice Company Inc. founded?
Where is Better Choice Company Inc. headquartered?
What products does Better Choice Company Inc. offer?
How does Better Choice Company Inc. primarily sell its products?
What are the core brands of Better Choice Company Inc.?
What is the focus of Better Choice Company Inc. products?
Where does Better Choice Company Inc. operate?
What is the nutritional philosophy behind Better Choice Company Inc. products?
How does Better Choice Company Inc. differentiate its products?
What is the mission of Better Choice Company Inc.?
