Welcome to our dedicated page for SMART FOR LIFE news (Ticker: SMFL), a resource for investors and traders seeking the latest updates and insights on SMART FOR LIFE stock.
Smart for Life, Inc. (NASDAQ: SMFL) is a leading health and wellness company renowned for its innovative Smart for Life® Cookie Diet. Founded by Dr. Sasson Moulavi, a bariatric physician, the company is dedicated to helping clients across the U.S. and Canada achieve their weight loss and health goals while making a positive environmental impact. Over the past seven years, Smart for Life® has assisted hundreds of thousands of individuals in losing weight, enhancing their health, appearance, and overall happiness.
Smart for Life® products are crafted using pesticide-free organic ingredients and triple-filtered water, ensuring the highest quality and safety standards. The company adheres to the guidelines of the American Society of Bariatric Physicians (ASBP), a 50-year-old organization dedicated to teaching physicians the fundamentals of weight loss.
In addition to its flagship cookie diet, Smart for Life, Inc. is deeply involved in the development, marketing, manufacturing, acquisition, operation, and sale of a wide range of nutritional and related products. The company provides contract manufacturing services, producing and packaging nutraceutical products for various clients. This diversified approach enables Smart for Life to generate substantial revenues and maintain a strong position in the health and wellness industry.
Recent achievements include a profitable acquisition expected to contribute more than $8 million in annualized revenue and over $1 million in adjusted EBITDA. This strategic move underscores the company's commitment to growth and operational excellence.
Latest news highlights include:
- CEO's discussion on the profitable acquisition expected to significantly enhance revenue and EBITDA
- Participation in SupplySide East, where industry leaders gather for networking and education to drive product innovation
- Material loss reductions and the transformation of the company’s balance sheet, with updates on timing for Form 10-K and Form 10-Q
- White paper detailing recent trends and analysis in the growing nutraceutical industry
- Company representatives exploring strategies for emerging growth companies in the health & wellness sector
Smart for Life, Inc. (Nasdaq: SMFL) has launched a new high protein ice cream line, presented by Chief Medical Officer Dr. Sasson Moulavi. The product features a proprietary formula rich in protein, fiber, and essential nutrients, aimed at regulating blood sugar and reducing the risk of type 2 diabetes. Dr. Moulavi shared insights from three years of research and development, emphasizing the product's unique positioning in the wellness sector. The company aims to expand its launch across local markets nationwide, seeking to capitalize on the growing demand for health-focused food options. Smart for Life operates with a rigorous acquisition strategy aimed at achieving $300 million in revenue by 2026, with five subsidiaries currently under its umbrella.
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