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Smart for Life, Inc. - $SMFL STOCK NEWS

Welcome to our dedicated page for Smart for Life news (Ticker: $SMFL), a resource for investors and traders seeking the latest updates and insights on Smart for Life stock.

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 Smart for Life'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 Smart for Life's position in the market.

Rhea-AI Summary
Smart for Life reports balance sheet transformation with debt to equity conversion and improved stockholders' equity. Loss for the six-month period decreases from $20.0 million to $8.5 million. Revenue decreases to $2.3 million from $4.3 million in Q2 2023. Gross profit decreases to $742 thousand from $1.8 million. Net loss attributable to common shareholders increases to $4.2 million from $3.5 million. Adjusted EBITDA loss increases to $2.6 million from $1.9 million in Q2 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.44%
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Rhea-AI Summary
Smart for Life, Inc. announces that their line of high protein, high fiber Ice Kreem bars are now available for delivery in the greater New York City area through popular delivery apps such as Uber Eats, DoorDash, and Grubhub. The bars are gluten-free, low in sugar, and come in flavors like Vanilla-Chocolate, Cookies & Cream, and Strawberry. They are designed to provide sustained energy on the go and support muscle recovery, health management, and healthy digestion.
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Rhea-AI Sentiment
End-of-Day
2.76%
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Rhea-AI Summary
Smart for Life, Inc. (Nasdaq: SMFL) announced that its subsidiary, Ceautamed Worldwide LLC, will showcase its newly launched Greens First protein bars at The National Convention by the Florida Chiropractic Association, the world's largest event for the chiropractic industry. The event is expected to have over 3,000 attendees and 380 exhibitors. The protein bars will be available for sampling at the Greens First booth #911.
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Rhea-AI Sentiment
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-8.11%
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-0.93%
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Rhea-AI Summary
Smart for Life, Inc. provides a recap of its activities year-to-date, highlighting five major acquisitions and various distribution agreements. The CEO believes their proactive strategy is working and positions the company for global success.
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Rhea-AI Sentiment
End-of-Day
23.98%
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Rhea-AI Sentiment
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-10.05%
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Rhea-AI Summary
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3.98%
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Rhea-AI Summary
Smart for Life, Inc. (Nasdaq: SMFL) announced a 1-for-3 reverse stock split to maintain compliance with the minimum bid price requirement for its common stock on the NASDAQ Capital Market and attract more investors. The split is part of a larger strategic plan to support future acquisition financings and achieve $100 million in annualized revenues.
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End-of-Day
-0.89%
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Rhea-AI Summary
Nasdaq: SMFL - Smart for Life, Inc. Expands Distribution with Vitacost.com, a Subsidiary of The Kroger Co., Adding 19 Greens First Products to Online Platform
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Rhea-AI Sentiment
End-of-Day
10.79%
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Rhea-AI Summary
Smart for Life, Inc. (Nasdaq: SMFL) has announced a distribution agreement with Boxout for nationwide distribution of Sports Illustrated Nutrition products through fitness chains like Equinox, YMCA, and LA Fitness. The product line includes whey protein powder, joint health, pre-workout and post-workout blends, omega-3 supplements, and protein bars.
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Smart for Life, Inc.

Nasdaq:SMFL

SMFL Rankings

SMFL Stock Data

383.54k
568.07k
2.79%
28.16%
34.11%
Medicinal and Botanical Manufacturing
Manufacturing
Link
United States of America
MIAMI

About SMFL

well-known for its popularity from clients across the u.s. and canada, the smart for life® cookie diet is more than just a weight loss company. it is committed to helping its clients lose weight, gain health and positively impact the environment along the way. over the past 7 years, smart for life® has helped hundreds of thousands of people lose hundreds of thousands of pounds - improving their health, appearance and happiness. founded by dr. sasson moulavi, md, a bariatric physician, smart for life® is based on his realizations of how food affects our health and uses the american society of bariatric physicians (asbp) guidelines. the asbp is a 50-year old organization teaching physicians the fundamentals of weight loss. smart for life® recognizes that food should be free of chemicals such as pesticides and preservatives, and produces its food with triple-filtered water and pesticide-free organic food ingredients. in order to truly compete with the wide variety of unhealthy fast food a