Better Choice Co Inc. Stock Price, News & Analysis

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.

Better Choice Company reported a record Q3 2021 with 19% growth in net sales compared to Q3 2020, driven by 43% growth in International sales and 35% growth in E-commerce sales. Gross sales reached $15.9 million, surpassing previous records. However, the company recorded a $4 million loss from operations and a net loss of $3.5 million for Q3 2021. Better Choice has increased its store count target for the upcoming Halo Elevate launch from 1,500 to 2,000-2,500 stores. The company finalized an uplist to the NYSE, raising $40 million in gross proceeds.