Welcome to our dedicated page for Better Choice Co news (Ticker: BTTR), a resource for investors and traders seeking the latest updates and insights on Better Choice Co stock.
The BTTR news page on Stock Titan provides an archive of news releases and corporate updates for Better Choice Company Inc., which historically traded under the BTTR ticker on the NYSE American. These news items document the company’s activities as a pet health and wellness business and its subsequent transformation through a business combination and name and ticker change.
Readers can review announcements describing Better Choice’s focus on pet health and wellness products designed to help dogs and cats live healthier, happier and longer lives. The company has highlighted its alternative, nutrition-based approach to pet health, its emphasis on the Halo brand for dog food, cat food and treats, and its efforts to align with trends in pet humanization and health and wellness. News releases also discuss transactions such as the sale of Halo’s business in Asia while retaining key North American operations and global operations outside of Asia.
A key theme in the BTTR news archive is the corporate evolution of Better Choice Company Inc. through its business combination with SRx Health Solutions, Inc. and the resulting name and ticker change to SRx Health Solutions Inc. and SRXH. News items describe the closing of this business combination, the related private placement, the spin-out distribution involving Halo Spin-Out SPV Inc., and the effective date for trading under the new SRXH symbol on the NYSE American.
Investors and researchers can use this BTTR news history to understand how Better Choice presented its pet health and wellness strategy, brand portfolio and capital markets actions leading up to and including the transition to SRx Health Solutions Inc. For current developments, company communications direct attention to the SRXH ticker, while the BTTR news archive remains a resource for historical context.
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.
Better Choice Company (NYSE: BTTR) announced its participation in the virtual ICR Conference 2022 from January 10-12, 2022. The Company's CEO Scott Lerner and EVP Rob Sauermann will present on January 11 at 3:00 p.m. ET in Track 6 - Palazzo Salon A-B. Attendees can register to watch the presentation here..
Management will also hold one-on-one meetings with investors during the conference.
Better Choice Company (NYSE: BTTR) announced a stock repurchase of $326,000 at an average price of $3.43 per share, increasing its total repurchase in 2021 to approximately $1.6 million. The company views this repurchase as a valuable allocation of capital, reflecting confidence from the Board and management in its growth potential within the premium pet food market. Repurchases will be conducted based on market conditions and the company's financial status, funded by available cash.
Better Choice Company anticipates 2021 international sales to reach $14 million – $15 million, marking a 65% - 70% year-over-year increase from $8.6 million in 2020. During Singles Day, consumer purchases for Better Choice products soared to $2.6 million, over four times compared to 2020. The company has exceeded its year one sales targets from key Asian distribution partners, expected to aggregate over $100 million from 2021 to 2025. Enhanced marketing strategies in Asia are driving growth, leveraging partnerships with influencers.
Better Choice Company (NYSE: BTTR) announced its participation in the 10th Annual ROTH Deer Valley Corporate Access Event from December 8-11, 2021, in Park City, Utah. CEO Scott Lerner will join a panel on December 9, 2021, at 12:45 p.m. MT, followed by one-on-one meetings with investors. Additionally, a webinar titled “A BTTR Team” will be hosted by CFO Sharla Cook and other executives on December 10, 2021, at 2:00 p.m. ET. Attendees can register through provided links.