Welcome to our dedicated page for Happy Belly Food Group news (Ticker: HBFGF), a resource for investors and traders seeking the latest updates and insights on Happy Belly Food Group stock.
Happy Belly Food Group Inc. reports developments tied to its multi-brand restaurant platform and strategy of acquiring and scaling emerging food brands. The company’s recurring updates focus on quick-service and fast-casual concepts, franchise growth, real estate secured for new locations, corporate restaurant openings, and brand-level expansion across Canadian markets.
News for HBFGF commonly covers Heal Wellness, iQ Food Co., Yolks Breakfast, Rosie's Burgers, Via Cibo Italian Street Food and other portfolio brands. Updates also include area development agreements, multi-unit franchise relationships, QSR systemwide sales, audited results, and corporate acquisition activity within franchised and asset-light restaurant concepts.
Happy Belly Food Group (OTCQB: HBFGF) signed a binding LOI on May 4, 2026 to acquire 50% of Ghost Taco via a joint venture (JVCo), with rights to acquire the remaining 50%.
Ghost Taco is an Ontario-based, asset-light franchised chain with 6 established locations, described as debt free and cashflow positive. The deal becomes Happy Belly's 11th restaurant brand and will integrate into its accelerated M&A program featuring 681 contractually committed locations.
Happy Belly Food Group (OTCQB: HBFGF) reported audited fiscal 2025 results with $63.1M in system-wide QSR sales, up 108% YoY, and 77 operating restaurants vs 43 a year earlier. Consolidated operating revenues were $22.1M (+176%), product sales $18.1M (+162%), and royalties/franchise fees $2.8M (+195%). Adjusted EBITDA reached $0.1M (0.3%) versus an adjusted loss in 2024. Cash totaled $3.0M at year-end. Management cited four acquisitions in 2025, 34 restaurants added to the portfolio during the year, and 17 additional restaurants opened by April 30, 2026, with a franchise pipeline of over 680 restaurants.
Happy Belly Food Group (OTCQB: HBFGF) signed an area development agreement to open 15 Yolks Breakfast locations in Alberta. The company now reports 681 units under development agreements across its portfolio and 76 contractually committed Yolks units across 9 provinces, supporting a national expansion plan.
Management describes this as part of a dual franchised and corporate growth strategy to scale Yolks as a national breakfast brand.
Happy Belly Food Group (OTCQB: HBFGF) announced the grand opening of a new corporate Heal Wellness restaurant on April 25, 2026 at 1092 Queen Street West, Toronto.
The location is the brand's 8th corporately run store; Heal reports 39 locations open, 169 in development, and Happy Belly has 666 contractually committed franchise locations across its portfolio.
Happy Belly Food Group (OTCQB: HBFGF) announced the grand opening of a new iQ Food Co. restaurant on April 25, 2026, at 1092 Queen Street West, Toronto. This is iQ's 8th GTA location and the 4th new site since Happy Belly acquired the brand in Q4 2025.
The company highlights a dual expansion strategy and cites 666 contractually committed franchise locations across its platform as supporting growth.
Happy Belly Food Group (OTCQB: HBFGF) announced the grand opening of a new Heal Wellness QSR in Cochrane, Alberta on April 25, 2026, at 104 - 264 Park Street.
The Heal brand focuses on smoothie and açaí bowls and now has 38 open locations, 170+ in development, and contributes to Happy Belly's 666 contractually committed franchise locations.
Happy Belly Food Group (OTCQB: HBFGF) announced Heal Wellness signed a second franchise agreement for the City of Ottawa on April 21, 2026, advancing the brand's Canadian expansion.
Heal is a quick-service brand focused on fresh smoothie bowls and açaí bowls. The company reports 37 locations open, 171 in development, and 666 contractually committed retail franchise locations across its portfolio.
Happy Belly Food Group (OTCQB: HBFGF) announced a second Rosie's Burgers real-estate location in Montreal's Griffintown, the franchisee's second secured site under a contractually committed 10-unit development agreement for Quebec. The company expects the location to open later in 2026 and cites franchising momentum across Canada.
Happy Belly Food Group (OTCQB: HBFGF) announced the grand opening of a new Rosie's Burgers in Abbotsford, British Columbia, opening April 18, 2026, at Highstreet Shopping Centre.
The location is the first of five committed by a multi-unit franchisee in British Columbia and adds to Rosie's national footprint of 16 open stores and 114 secured development locations; Happy Belly reports 666 contractually committed franchise locations across its platform.
Happy Belly Food Group (OTCQB: HBFGF) announced the grand opening of Heal Wellness first Quebec location at 6985 Boulevard Décarie, Montréal, on April 18, 2026.
This opens Heal as the company's third operating Quebec brand alongside Rosie's Burgers and Yolks Breakfast, supporting Happy Belly's stated footprint growth across Canada and the U.S.