Giftify Stock Price, News & Analysis

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, is addressing record-high egg prices and rising food costs through its discounted gift card marketplace. The USDA reports egg prices reached $4.95 per dozen in January, with forecasts predicting a 41% increase this year due to bird flu outbreaks that led to culling 18.8 million hens.

CardCash.com offers discounted gift cards for major grocery retailers like Giant Foods, Kroger, and Trader Joe's, as well as restaurants including IHOP, Texas Roadhouse, and Olive Garden. These discounts help consumers offset rising food costs without changing their shopping habits amid supply chain disruptions, increased tariffs, labor shortages, and rising transportation costs.

Giftify (NASDAQ: GIFT) reported a dramatic surge in pharmacy retailer gift card sales through its CardCash.com platform, with a 916% week-over-week increase in face value across major pharmacy retailers like CVS and Walgreens. The surge follows the company's introduction of a smart savings program for GLP-1 medications including Ozempic and Zepbound.

To meet growing demand, the company has significantly expanded its inventory levels, with CVS inventory growing 120% year-over-year and Walgreens inventory increasing by 736%. The initiative aims to provide cost-saving solutions for consumers purchasing high-cost prescription medications while also addressing seasonal health product demands.

Giftify (NASDAQ:GIFT) has expanded its CardCash.com platform into the sports retail sector, offering savings solutions for sports fans ahead of the 2025 MLB season. The initiative comes as the average cost of attending a baseball game has reached $152 for a family of four, with premium seats seeing increases up to 38.8%.

The platform now provides discounted gift cards for major sports retailers including StubHub, Nike, Adidas, Under Armour, Dick's Sporting Goods, and Fanatics, enabling savings of 10-20% on tickets, merchandise, and game-day essentials. For example, families can save over $30 on $300 Yankees game tickets using StubHub gift cards at an 11% discount.

Additionally, CardCash.com allows users to exchange unused gift cards for cash or store credit, creating a comprehensive financial ecosystem for sports enthusiasts. This sports fan initiative is part of Giftify's 2025 strategic growth plan to penetrate high-frequency consumer spending categories.

Giftify (NASDAQ:GIFT) announced that its subsidiary CardCash.com is launching a smart savings solution for expensive GLP-1 weight loss medications like Ozempic and Zepbound through discounted pharmacy gift cards from major retailers including CVS and Walgreens.

The program aims to reduce out-of-pocket expenses for these increasingly popular medications by allowing consumers to combine discounted gift cards with manufacturer savings programs and prescription discount services like GoodRx and SingleCare. According to a Trustpilot reviewer, the solution can generate savings of about $30 per month on Ozempic purchases.

The initiative addresses the growing market demand for GLP-1 medications while expanding Giftify's digital savings platforms into the healthcare sector. The company sees this as an opportunity to demonstrate its business model's versatility in high-growth consumer markets.

Giftify (NASDAQ:GIFT) announced that its subsidiary CardCash.com is offering smart saving solutions for expensive GLP-1 weight loss medications like Ozempic and Zepbound through discounted pharmacy gift cards from major retailers including CVS and Walgreens.

The initiative allows consumers to combine CardCash's discounted gift cards with manufacturer savings programs and prescription discount services like GoodRx and SingleCare. According to a Trustpilot reviewer, the program has helped achieve savings of approximately $30 per month on Ozempic purchases.

The company's strategy targets the growing market for GLP-1 medications while expanding Giftify's digital savings platforms into healthcare. The program aims to address healthcare affordability challenges by providing practical tools to reduce prescription costs through their established gift card marketplace.

Giftify (NASDAQ:GIFT) announced the successful enterprise-wide deployment of AI solutions, demonstrating significant operational improvements across multiple business segments. The implementation has yielded notable results in marketing, sales, and customer service operations.

The company's AI-driven marketing and sales initiatives have optimized email and social media campaigns, leading to improved ROI at reduced operational costs and increased conversion rates. Their proprietary AI-powered customer service platform has achieved a 40% reduction in response times, 20% decrease in support-related email volume, along with measurable improvements in customer satisfaction metrics and enhanced team productivity.

Giftify (NASDAQ: GIFT) has announced the successful enterprise-wide deployment of artificial intelligence solutions across its operations. The implementation has shown significant improvements in operational efficiency and cost reduction while building a foundation for enhanced customer engagement and growth.

The company's AI implementation has delivered notable results in multiple areas: Marketing and Sales teams have achieved optimized email and social media campaigns with improved ROI and reduced costs, while AI-driven sales outreach has enhanced customer relationship management and conversion rates. The company's AI-powered customer service platform has demonstrated a 40% reduction in response times, 20% decrease in support-related email volume, along with measurable improvements in customer satisfaction metrics and team productivity.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, announced the cancellation of its equity line of credit (ELOC) effective February 4, 2025. The company had previously entered into a common stock purchase agreement (SPA) with an institutional investor on December 16, 2024, which would have allowed Giftify to sell up to $10 million of newly issued common stock shares. The termination of the agreement was reached by mutual consent between the parties.

Giftify (NASDAQ: GIFT), owner of CardCash.com and Restaurant.com, has announced strategic growth initiatives for Restaurant.com, the nation's largest restaurant-focused digital deals platform. The company operates across 184,000 restaurants and retailers, connecting digital consumers, businesses, and communities through dining, retail, and entertainment deals.

Key strategic priorities include: accelerating platform synergies between Restaurant.com and CardCash.com, re-activating past registered users, expanding restaurant networks, increasing platform activity, and ramping up Corporate Incentives programs. CFO Steve Handy highlighted that Restaurant.com previously generated over $50 million in annual revenue and had 10 million registered users under prior management. The company is currently expanding its sales and marketing team to grow its business-to-consumer Corporate Incentives program, which includes initiatives like local car dealerships offering restaurant discounts for test drives.