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Healthier Choices Management Corp - HCMC STOCK NEWS

Welcome to our dedicated news page for Healthier Choices Management (Ticker: HCMC), a resource for investors and traders seeking the latest updates and insights on Healthier Choices Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Healthier Choices Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Healthier Choices Management's position in the market.

News
Healthier Choices Management Corp. Reports Fourth Quarter 2023 Financial Results and Full Year Fiscal 2023 Results
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Healthier Choices Management Corp. (HCMC) reports strong financial results for Q4 2023 and FY 2023, with record sales and gross profit. Net sales increased by 29% in Q4 and 90% for the full year. Gross profit rose by 41% in Q4 and 99% for the year. Adjusted EBITDA improved by $1.5 million in Q4. The company experienced a net loss due to non-cash charges and non-recurring expenses.
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Healthier Choices Management Corp. Reports Third Quarter 2023 Financial Results
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Healthier Choices Management Corp. (OTC Pink: HCMC) announced record sales of $12.7 million for the third quarter, marking a 120% year-over-year growth. Gross margin also reached a record $4.6 million, reflecting a 149% increase compared to the same period in 2022. The company's adjusted EBITDA for the third quarter remained flat year-over-year due to non-recurring expenses. For the nine-month period, net sales amounted to a record $39.8 million, with a 135% increase compared to 2022. Gross margin for the nine months reached a record $14.6 million, marking a 137% year-over-year growth. Adjusted EBITDA for the nine-month period amounted to ($5.1) million, with over $1.3 million in non-recurring expenses. The company's CEO expressed satisfaction with the sales growth and highlighted strategic investments in the natural foods grocery business, including the recent acquisition of Ellwood Thompson. The condensed consolidated financial statements showed a significant increase in gross profit, while the non-GAAP financial measure of Adjusted EBITDA was explained in detail.
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Healthier Choices Management Corp. Announces Another Acquisition: Ellwood Thompson’s, a Natural Foods Market Located in Richmond, Virginia
Rhea-AI Summary
Healthier Choices Management Corp. acquires Ellwood Thompson’s, a premier natural foods store in Richmond, Virginia, expecting total revenue of $70,000,000 on an annualized basis.
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Healthier Choices Management Corp Files Patent Infringement Lawsuit against R.J. Reynolds Vapor Company over Vuse Product Involving HCMC Patent Not Previously Litigated
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Healthier Choices Management Corp. files patent infringement lawsuit against R.J. Reynolds Vapor Company over Vuse electronic cigarette.
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HEALTHY CHOICE WELLNESS CORP. ANNOUNCES PUBLIC FILING OF REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING (IPO) AND ITS SPIN-OFF BY HEALTHIER CHOICES MANAGEMENT CORP.
Rhea-AI Summary
Healthy Choice Wellness Corp. announces public filing of Form S-1 for IPO and spin-off of wellness segment subsidiaries. HCWC to distribute dividend in pro rata basis to HCMC shareholders. IPO is for 400,000 shares with option for additional 60,000 shares. HCWC Class A common stock to be freely tradable upon issuance. HCWC in application process to list on NYSE American Exchange. HCMC will retain patent suite and enforce patent rights. IPO and spin-off expected to be completed in Q4.
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Healthier Choices Management Corp. Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Healthier Choices Management Corp. (OTC Pink: HCMC) reports record sales of $13.6M for Q2 2023, a 121% increase YoY, and a gross margin of $5.1M, a 118% YoY increase. Net sales for H1 2023 amounted to a record $27.1M, a 143% increase YoY, with a gross margin of $10.0M, a 132% YoY increase. Adjusted EBITDA for Q2 2023 was approximately $1.7M, compared to $1.1M in the same period last year. Non-recurring expenses of over $0.6M were incurred in Q2 2023. The company is pleased with its sales growth and confident in its direction.
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Healthier Choices Management Corp. Announces Postponement of the Record Date for the Spin Off of Healthy Choice Wellness Corp
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Healthier Choices Management Corp. Reports First Quarter 2023 Financial Results
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HEALTHIER CHOICES MANAGEMENT CORP. RELEASES FREQUENTLY ASKED QUESTIONS AND ANSWERS REGARDING UPCOMING RECORD DATE FOR SPIN-OFF DIVIDEND
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HEALTHIER CHOICES MANAGEMENT CORP. ANNOUNCES SUCCESS IN ITS APPEALS OF THE RULINGS IN PATENT INFRINGEMENT ACTION AGAINST PHILIP MORRIS
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Healthier Choices Management Corp

OTC:HCMC

HCMC Rankings

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HCMC Stock Data

23.91M
424.28B
11.29%
0.05%
0.72%
Tobacco Manufacturing
Manufacturing
Link
United States
Hollywood

About HCMC

healthier choices management corp. provides e-liquids, vaporizers, and related products. the company operates through two segments, natural and organic retail stores, and vapor products. its vaporizers are battery-powered products that enable users to inhale nicotine vapor without smoke, tar, ash, or carbon monoxide. the company sells its e-liquid under the vape store brand name; and offers its products through nine retail vape stores in the southeast region of the united states. in addition, it offers fresh produce; bulk foods and private label products; vitamins and supplements; packaged groceries; meat and seafood; deli; baked goods, dairy products and substitutes; dry, frozen, and canned groceries; health and beauty products; and natural household items through ada's natural market, a natural and organic grocery store. further, the company provides prepared foods, bread and baked goods, beverages, body care, and household and general merchandise products, as well as q-cup technolog