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HAPPY BELLY FOOD GRP INC - $VGANF STOCK NEWS

Welcome to our dedicated page for HAPPY BELLY FOOD GRP news (Ticker: $VGANF), a resource for investors and traders seeking the latest updates and insights on HAPPY BELLY FOOD GRP 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 HAPPY BELLY FOOD GRP'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 HAPPY BELLY FOOD GRP's position in the market.

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Happy Belly Food Group Inc. appoints former Tim Horton's executive, Gary Fung, as Chief Financial Officer to support the company's accelerating growth in franchising. Fung brings valuable experience in finance, analytics, and franchise profitability. The company is experiencing a surge in signed franchise agreements and organic growth, leading to Fung's promotion. His role involves overseeing financial operations, developing analytics, and driving strategic growth to maximize shareholder value. The move signifies a new phase of growth for Happy Belly as it continues its expansion in the food industry.

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Happy Belly Food Group Inc. announces the signing of a 15-unit area development agreement for the fast casual Italian brand Via Cibo in Ontario. The agreement will lead to the opening of franchised restaurants serving traditional Italian street food. This partnership signifies growth and expansion for Happy Belly in Canada, with commitments for 280 franchised units across seven brands.

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Happy Belly Food Group Inc. (CSE: HBFG) has successfully closed the acquisition of CraveIt Restaurant Group's Via Cibo Restaurant Chain, marking a significant milestone in their journey to become a leading consolidator of emerging food brands. The transaction involves the incorporation of Via Cibo as the 7th restaurant brand and 9th brand overall for Happy Belly. Via Cibo, known for its fast casual Italian street food, is an asset-light entity with established locations in Ontario and Alberta. The acquisition aligns with Happy Belly's financial metrics and growth criteria, providing immediate synergies in supplier contracts, operational systems, and shared resources. The transaction is non-arms length and involves board members, ensuring transparency and fairness. The company has strategically onboarded key team members to accelerate growth and enhance operational excellence. With this acquisition, Happy Belly aims to drive both the top-line and bottom-line growth through franchising initiatives.
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0.74%
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Happy Belly Food Group Inc. announces the signing of its 25th franchise agreement and first enclosed mall location for its Heal Wellness brand, showcasing rapid growth and expansion. The company is strategically positioning itself for increased market presence and brand recognition.
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Happy Belly Food Group Inc. announces its 7th consecutive record quarter and 9th consecutive quarter of QoQ growth, highlighting strong financial results and corporate achievements for the year ended December 31st, 2023. The company reported substantial revenue growth, improved gross profit margins, positive EBITDA in both the CPG and QSR divisions, and a healthy balance sheet. Strategic partnerships, acquisitions, franchise agreements, and store openings indicate a robust growth strategy and expansion plans. The company's performance reflects disciplined financial management, operational excellence, and a commitment to shareholder value.
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Happy Belly's HEAL Wellness QSR has signed its 24th franchise agreement and secured real estate in Edmonton, Alberta, marking significant growth for the brand. The franchise program is expanding rapidly, with a total of 24 franchises signed in the last 14 months and 6 in Alberta alone. The new location is set to open in Q3 2024 at Edmonton's North Town Centre, showcasing the brand's success in attracting franchisees nationwide. The positive impact of the franchise initiative on the brand's growth is evident, with plans for further expansion across Canada.
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Happy Belly Food Group Inc. announces the signing of the second real-estate location for Joey Turks Island Grill in Scarborough, Ontario, marking a significant milestone in the brand's expansion. The company showcases rapid growth with the launch of the brand, opening of the first corporate location, signing a franchisee, and securing real estate within a short timeframe. Scarborough's diverse cultural landscape and culinary scene make it an ideal location for the brand's expansion.
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Happy Belly Food Group Inc. signs a three-unit franchise agreement for Yolks Breakfast in Calgary, Alberta, marking the second multi-unit deal for the brand. The agreement reflects the company's expansion strategy and capitalizes on the growing breakfast sector.
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11.39%
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Happy Belly Food Group Inc. secures a real estate location for Yolks Breakfast in Ottawa, marking a significant step in their national expansion strategy. The first Yolks Breakfast location in Ontario will be in 'The Glebe', a prime area in Ottawa. With a five-unit development agreement signed with a multi-unit franchisee, Happy Belly aims to accelerate the growth of its brands across Canada.
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3.48%
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Happy Belly Food Group Inc. signs its first multi-unit franchise agreement for Yolks Breakfast, planning to develop five full-service restaurants across Ontario. The company aims to grow Yolks brand in the hot breakfast sector with an asset-light approach and has additional franchise commitments.
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HAPPY BELLY FOOD GRP INC

OTC:VGANF

VGANF Rankings

VGANF Stock Data

28.61M
101.37M
11.72%
0.61%
Packaged Foods
Consumer Defensive
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United States of America
Vancouver