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Better Choice Company Inc - BTTR STOCK NEWS

Welcome to our dedicated news page for Better Choice Company (Ticker: BTTR), a resource for investors and traders seeking the latest updates and insights on Better Choice Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Better Choice Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Better Choice Company's position in the market.

Rhea-AI Summary
Better Choice Company (BTTR) acquires Aimia Pet Healthco Inc. to develop weight loss supplements for pets, aiming to combat obesity-related health issues in domestic animals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.14%
Tags
acquisition
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Rhea-AI Summary
Better Choice Company (NYSE: BTTR) announced a memorandum of understanding (MOU) signed by Aimia Pet HealthCo. Inc. with KGK Science Inc. for the development of a GLP1 supplement for pets. The MOU outlines KGK's research and development of a GLP1 supplement for use in companion animals, aiming to address obesity and other health issues in overweight pets. KGK is a leading Canadian research organization with expertise in clinical trials and regulatory support. Better Choice sees this as a significant opportunity for the pet health industry and is working to become a pioneer in this sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
partnership
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Rhea-AI Summary
Better Choice Company, Inc. (BTTR) announced its Q3 2023 results, revealing an 11% YOY revenue growth to $13.1 million. Adjusted EBITDA soared by 95% YOY, and EPS grew by 77% YOY. The company's financial highlights, operational update, and future outlook were also provided in the PR.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.67%
Tags
earnings
Rhea-AI Summary
Better Choice Company (NYSE: BTTR) and Aimia Pet HealthCo Inc. (APH) announced a memorandum of understanding with Dr. Nadia Crosignani for the development of a GLP1 supplement for pets. This supplement will be used in combination with Better Choices’ Halo branded toppers or treats for dogs and cats to address pet obesity and associated health issues, tapping into a market with over half of dogs and cats globally classified as overweight or obese.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.96%
Tags
partnership
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Rhea-AI Summary
Better Choice Company partners with Aimia Pet Health to develop GLP1 supplement for overweight pets
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
57.58%
Tags
partnership
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Rhea-AI Summary
Better Choice Company received a Notice from NYSE American stating non-compliance with listing standards. The Company must effect a reverse stock split or demonstrate sustained price improvement by March 21, 2024. The stock will continue to trade but with an added designation. The Company is actively engaged in discussions to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
none
Rhea-AI Summary
Better Choice Company Inc. is evaluating the marketability of its Bona Vida CBD treats and toppers. CAGR expected to be 30%+ through 2030 and regulatory environment improving for CBD based products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
none
-
Rhea-AI Summary
Better Choice Company, Inc. announces Q2 2023 results with 33% growth in EPS YoY and gross margin growth of 543 basis points YoY. Net revenue increased 14% from Q1 2023 to $10.6 million. Operating loss improved 39% YoY to $(2.6) million. The company appointed Kent Cunningham as CEO and entered into a strategic partnership with Alphia, Inc. The supply chain constraints impacted net sales growth, but the largest pet specialty customer realized 55% revenue growth YoY. The company expects the supply chain constraints to be resolved by the end of Q3 2023. The transition to Alphia will improve order fulfillment and gross margins. The company experienced delays in foreign market registrations due to the transition. Despite the challenges, the company is focused on improving operations and financial controls to drive profitability and future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
earnings
-
Rhea-AI Summary
Better Choice Company appoints Carolina Martinez as Chief Financial Officer. Martinez will lead the Company's financial strategy and function. She brings valuable restructuring and process improvement experience. Better Choice aims for financial and operational stability and continued margin improvement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.11%
Tags
partnership
Better Choice Company Inc

NYSE:BTTR

BTTR Rankings

BTTR Stock Data

5.82M
17.87M
48.37%
23.84%
0.07%
All Other Miscellaneous Chemical Product and Preparation Manufacturing
Manufacturing
Link
United States
Tampa

About BTTR

better choice company inc. operates as an animal health and wellness company. it offers raw-diet dog food and treats, naturally formulated premium kibble and canned dog and cat food, hemp-based cbd soft chews and flavor-infused tinctures, oral care products, supplements, and grooming aids. the company provides its products for dogs, cats, and pet parents under the halo, trudog, trugold, rawgo!, and orapup brand names. better choice company inc. primarily sells its products through its online portal, as well as through online retailers and pet specialty stores. it has operations in the united states, canada, and asia. the company was founded in 2013 and is headquartered in oldsmar, florida.