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ReposiTrak, Inc. - TRAK STOCK NEWS

Welcome to our dedicated page for ReposiTrak news (Ticker: TRAK), a resource for investors and traders seeking the latest updates and insights on ReposiTrak stock.

ReposiTrak, Inc. (TRAK) is a prominent player in the software-as-a-service (SaaS) sector, specializing in solutions that streamline supply chain operations for retailers. As a fully owned subsidiary of Park City Group (NASDAQ: PCYG), ReposiTrak partners with retailers to boost sales, manage risks, and cut supply chain costs.

The ReposiTrak Marketplace offers a versatile platform where retailers can search, sample, vet, onboard, and order from new suppliers. This platform aims to expand local inventories and source popular items effortlessly through a cloud-based application. The company’s integrated, end-to-end innovation platform delivers an array of advanced commerce solutions such as scan-based trading and automated ordering, addressing the needs of a dynamic retail environment.

Compliance management automation is another key feature, helping businesses stay within regulatory requirements without hassle. ReposiTrak's offerings ensure that products are available when and where consumers need them, thereby enhancing operational efficiency and customer satisfaction.

In addition to these core services, ReposiTrak provides a comprehensive suite of solutions that include implementation, business optimization, outsourcing, technical services, education, and application hosting. These offerings empower clients to make better-informed decisions and stay competitive in the fast-paced retail sector.

Recent Achievements and Partnerships:

  • Enhanced cloud-based applications for better supplier management and order processing.
  • Collaborations with leading retailers to optimize supply chain operations.
  • Implementation of innovative compliance management tools to reduce regulatory risks.

For more detailed information, visit the official website at www.repositrak.com.

News

ReposiTrak Adds 11 New Suppliers to Rapidly Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) adds 11 seafood companies to its traceability network, ensuring compliance with FDA regulations well before the 2026 deadline. The network facilitates efficient exchange of Key Data Elements for Critical Tracking Events, benefiting both suppliers and customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
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News

ReposiTrak Adds Nine New Suppliers to Rapidly Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (NYSE:TRAK) welcomes nine new produce companies to its Traceability Network, ensuring proactive compliance with FDA regulations before the 2026 deadline. The network now has 25 new members since September, offering efficient exchange of Key Data Elements for Critical Tracking Events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
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News

Heart of the Harvest Chooses ReposiTrak Traceability Network to Meet and Exceed FDA’s FSMA 204 Food Traceability Regulation

Rhea-AI Summary
Heart of the Harvest, a family-run produce provider, automates food traceability using ReposiTrak Traceability Network to collect FDA-required data from suppliers. The company ensures compliance with FSMA 204 food traceability law, streamlining supplier connections and data sharing for fresh produce distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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News

ReposiTrak, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary
ReposiTrak, Inc. (TRAK) declared a quarterly cash dividend of $0.0165 per share ($0.066 per year), showcasing financial stability and commitment to shareholders. The dividend is payable to shareholders of record on March 28, 2024, highlighting the company's focus on rewarding investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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News

ReposiTrak Adds 10 New Suppliers to Its Rapidly Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) announces the addition of ten produce companies to its Traceability Network, ensuring FDA compliance before 2026. The network allows efficient exchange of Key Data Elements for Critical Tracking Events in the supply chain. The CEO highlights the flexibility of the network and invites more suppliers to join.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.18%
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News

ReposiTrak Adds 10 New Produce Suppliers to Its Rapidly Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) welcomes ten new produce companies to its Traceability Network, ensuring FDA compliance well before the 2026 deadline. The addition includes a variety of fruit and vegetable suppliers across the US, enhancing food traceability and regulatory compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
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News

ReposiTrak Adds Six New Produce Companies to Its Rapidly Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) welcomes six new produce companies to its traceability network, ensuring proactive compliance with FDA regulations well before the January 2026 deadline. The new members include distributors and suppliers with decades of experience in delivering fresh produce across North America. ReposiTrak offers a seamless platform for exchanging Key Data Elements (KDEs) for Critical Tracking Events (CTEs) without the need for additional hardware or software.
Rhea-AI Impact
Rhea-AI Sentiment
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4.14%
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News

ReposiTrak Continues Rapid Growth, Adding Four New Produce Suppliers to Its Expanding Food Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) adds four major produce suppliers to its Traceability Network, ensuring proactive compliance with FDA requirements well before the 2026 deadline. The network streamlines traceability data exchange, enhancing food safety and compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.68%
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News

ReposiTrak Increases Net Income and Earnings Per Share 17% on 8% Revenue Growth in Fiscal 2024 Second Quarter

Rhea-AI Summary
ReposiTrak (TRAK) reports an 8% increase in total revenue to $5.13 million in the second fiscal quarter of 2024. Recurring revenue also rose by 8%, reaching $5.13 million, representing 99% of total revenue. Operating expenses increased by 9% to $3.88 million, attributed to investments in sales, marketing, and onboarding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
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News

ReposiTrak Welcomes Three New Seafood Suppliers to the World’s Only Operational Traceability Network

Rhea-AI Summary
ReposiTrak (TRAK) welcomes three new seafood suppliers to its Traceability Network, ensuring FDA compliance before 2026. The network now has 19 new members since September, enhancing food traceability and regulatory compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
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none

FAQ

What is the current stock price of ReposiTrak (TRAK)?

The current stock price of ReposiTrak (TRAK) is $23.02 as of December 20, 2024.

What is the market cap of ReposiTrak (TRAK)?

The market cap of ReposiTrak (TRAK) is approximately 410.9M.

What does ReposiTrak Inc. do?

ReposiTrak Inc. specializes in software-as-a-service (SaaS) solutions that streamline supply chain operations for retailers.

What is the ReposiTrak Marketplace?

The ReposiTrak Marketplace allows retailers to search, sample, vet, onboard, and order from new suppliers using a cloud-based application.

What are some of ReposiTrak’s advanced commerce solutions?

ReposiTrak offers scan-based trading and automated ordering, among other solutions, to improve retail operations.

How does ReposiTrak help with compliance management?

ReposiTrak provides automation tools that ensure businesses stay within regulatory requirements, reducing compliance risks.

Who owns ReposiTrak Inc.?

ReposiTrak Inc. is a wholly owned subsidiary of Park City Group (NASDAQ: PCYG).

How does ReposiTrak contribute to expanding local inventories?

ReposiTrak's platform enables retailers to easily source popular items and expand their local inventories.

What types of services does ReposiTrak offer?

Services include implementation, business optimization, outsourcing, technical services, education, and application hosting.

What is the main benefit of using ReposiTrak’s solutions?

ReposiTrak’s solutions help retailers make better-informed decisions and stay competitive by improving supply chain efficiency.

Where can I find more information about ReposiTrak?

More information is available on the official website at www.repositrak.com.

Who are ReposiTrak’s primary clients?

ReposiTrak primarily partners with retailers to enhance sales, manage risks, and reduce supply chain expenses.

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ReposiTrak, Inc.

NYSE:TRAK

TRAK Rankings

#3258 Ranked by Market Cap
#2073 Ranked by Dividends

TRAK Stock Data

410.87M
11.62M
36.37%
38.31%
8.75%
Software - Application
Services-computer Processing & Data Preparation
Link
United States of America
MURRAY