Happy Belly Food Group Inc Stock Price, News & Analysis

Happy Belly Food Group has signed its first franchise agreement for Rosie's Burgers in Halifax, Nova Scotia, marking its entry into Atlantic Canada. This represents the brand's fourth operating province and Happy Belly's sixth overall. Rosie's Burgers, a boutique QSR restaurant specializing in smash burgers and related items, has now secured 12 franchise agreements. The expansion comes just 3 months after announcing an area development agreement for Atlantic Canada. The company has 85 locations secured under development agreements across multiple provinces including Atlantic Canada, Ontario, Manitoba, Alberta, and British Columbia. Halifax was chosen for its strong demographics, with over 600,000 residents, multiple universities, and a vibrant culinary culture. The company is executing a dual-track growth approach combining corporate store development with an asset-light franchise model.

Happy Belly Food Group (HBFG) announced the opening of its 23rd Heal Wellness location in Kingston, Ontario, near Queen's University. Heal Wellness, a QSR specializing in smoothie bowls, acai bowls, and smoothies, marks the company's 13th location in Ontario. The company has experienced significant growth, now operating 56 restaurants across corporate and franchise locations. Happy Belly has secured 130 units under development agreements nationwide and maintains a robust franchise pipeline with 531 retail locations under contract. The strategic location in Kingston targets a demographic mix of university students, young professionals, and active families, positioning the brand to capitalize on the area's health-conscious consumer base and limited competition in the specialized health-food segment.

Happy Belly Food Group (HBFGF) announced the opening of a new Rosie's Burgers location in Burlington, Ontario, marking its second location opening this year. The new franchise store, operated by former MTY Food Group executive Norm Pickering, is strategically located alongside a Starbucks drive-through.

The company has secured 95 units under area-development agreements across multiple Canadian provinces. Happy Belly's portfolio currently includes 531 contractually committed retail franchise locations across its emerging brands. The company is implementing an asset-light franchise model to accelerate expansion while maintaining operational excellence.

Rosie's Burgers, specializing in smash burgers, poutine, and milkshakes, is positioned for continued growth with several locations under construction and ongoing discussions with potential franchisees across Canada.

Happy Belly Food Group (HBFGF) has announced the signing of its second franchise agreement in Atlantic Canada, marking its first entry into Nova Scotia with a new Heal Wellness location in Halifax. This represents Heal's 52nd franchise agreement and expands the brand's presence to its fifth operating province. Heal Wellness is a QSR specializing in fresh smoothie bowls, acai bowls, and smoothies. The company has secured 130 total units under development agreements, with multiple units currently under construction in Alberta, British Columbia, and Ontario. Blueberry Commercial Real Estate has been retained to lead the location search in Nova Scotia. The expansion is driven by Happy Belly's "3 P's" strategy - focusing on great product, people, and processes.

Happy Belly Food Group (HBFGF) has announced the signing of its first franchise agreement in Atlantic Canada for Heal Wellness, a QSR specializing in smoothie bowls, acai bowls, and smoothies, in Prince Edward Island. This marks Heal's 51st franchise agreement and entry into its fourth operating province, making it the fifth overall province for Happy Belly.

The agreement comes just ten weeks after announcing the area development agreement for Heal in Atlantic Canada. Happy Belly now has 531 contractually committed retail franchise locations across its emerging brands portfolio, including locations in development, under construction, or currently operating. The company plans to continue its expansion throughout 2025 and 2026, focusing on securing new franchise agreements and premium real estate nationwide.

Happy Belly Food Group (HBFGF) has announced the opening of its 22nd Heal Wellness location at the University of Calgary's University District, marking its 7th location in Alberta and 10th in Western Canada. The new quick-service restaurant, specializing in smoothie bowls, acai bowls, and smoothies, will open on May 24th, 2025.

The company now operates 54 restaurants across its franchised and corporate network, with 130 contractually committed units in development. Happy Belly's total pipeline includes 531 contractually committed retail franchise locations across its emerging brands. The new location will serve a potential market of over 38,000 students in the University District, a 200-acre development known for its sustainable design and healthy lifestyle focus.

Happy Belly Food Group (HBFGF) reported its 12th consecutive record quarter and first quarter of positive net income from operations in Q1 2025. Key highlights include:

- System sales doubled to $11M (+101% YoY) - Total revenue reached $4M (+95% YoY) - Adjusted EBITDA increased 690% to $0.23M - First-ever positive net income from operations at $0.01M - Restaurant count increased to 50 locations (+178% YoY) - Added 7 new restaurants in Q1 (6 openings, 1 acquisition) - Completed acquisition of Smile Tiger Coffee Roasters - Secured multiple area development agreements across Canada - Healthy working capital of $3.74M with $3.60M in cash

The company continues its aggressive expansion across Canada through both organic growth and acquisitions, while maintaining focus on their core principles of People, Product, and Process.

Happy Belly Food Group (OTCQB: HBFGF), a company focused on acquiring and scaling emerging food brands across Canada, has announced it will release its first quarter results on May 21st, 2025, after market close. The results will be available through a press release and accessible on both the company's website and SEDAR.

The company is implementing a new shareholder communication approach by creating a dedicated Q&A section on their website where investors can submit questions to management. This system aims to provide better accessibility and searchability compared to traditional conference calls, as responses will be archived and periodically published.

Happy Belly Food Group (HBFGF) has announced the opening of its 21st Heal Wellness location in Grand Bend, Ontario. The new quick-service restaurant (QSR), specializing in smoothie bowls, acai bowls, and smoothies, will open at 77 Main Street West on May 17th, 2025.

This marks Happy Belly's 12th location in Ontario and its 54th restaurant in its franchised and corporate network. The company has secured contractual commitments for 531 retail franchise locations across its emerging brands, with 130 units specifically for Heal Wellness. The expansion includes ongoing construction projects across Alberta, British Columbia, and Ontario.

The Grand Bend location was strategically chosen for its beachside community, strong summer tourism, and high foot traffic, with tens of thousands of seasonal visitors. The area's active lifestyle culture and limited competition in clean-eating offerings position Heal Wellness to capitalize on the growing demand for wellness-focused dining options.