Core Viewpoint - Better Choice Company Inc. is set to discuss its financial results for Q4 and full year 2024 in a conference call scheduled for March 27, 2025, at 4:30 p.m. ET [1][3] Company Overview - Better Choice Company Inc. is a rapidly growing pet health and wellness company focused on providing nutrition-based products for pets, aiming to enhance the health and longevity of dogs and cats [4] - The company emphasizes a shift towards pet products that align with trends in pet humanization and consumer health consciousness [4] - Better Choice primarily sells its products under the Halo brand, which includes sustainably sourced kibble, canned food, and minimally processed raw-diet options [4] Conference Call and Webcast Details - The conference call will be accessible via a live call at 1-888-348-8935 or 1-412-317-0454, and a webcast will be available at the provided link [3] - A replay of the webcast will be available for 90 days on the company's website under the 'Events & Presentations' section [3]

Core Insights - Better Choice Company, Inc. has appointed Dr. Paldeep S. Atwal as its United States Special Healthcare Advisor, aiming to enhance its healthcare offerings and strategic partnerships [1][3] - Dr. Atwal is recognized for his expertise in genomic medicine and rare diseases, with a strong background in advancing precision medicine initiatives [2][3] - The appointment is seen as crucial for the company's growth, particularly in the context of its upcoming acquisition of SRx Health [3] Company Overview - Better Choice Company, Inc. is a rapidly growing pet health and wellness company focused on providing nutrition-based products and services for pets [4] - The company aims to capitalize on trends in pet humanization and consumer health consciousness, with a portfolio that includes the Halo brand, which offers sustainably sourced pet food [4]

Core Viewpoint - Better Choice Company, Inc. has received approval from the Ontario Superior Court of Justice for its acquisition of SRx Health Solutions, Inc., marking a significant step in its growth strategy within the pet health and wellness sector [1] Group 1: Company Overview - Better Choice Company, Inc. is a rapidly growing pet health and wellness company focused on providing nutrition-based products and services for pets, aiming to enhance the health and longevity of dogs and cats [4] - The company primarily sells its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed food options [4] Group 2: Acquisition Details - The Special Meeting for Better Choice stockholders is scheduled for March 21, 2025, where they will vote on the acquisition of SRx [2] - Stockholders as of the record date, January 21, 2025, are eligible to vote, even if they have sold their shares since that date [2] - A supplement to the Proxy Statement will be filed with the SEC to provide stockholders with updated materials for informed voting [3] Group 3: SRx Health Overview - SRx Health Solutions, Inc. is a Canadian healthcare service provider specializing in the Specialty Pharmacy segment, focusing on comprehensive patient care from acute needs to chronic disease management [5] - The company aims to expand its specialty pharmacy locations in Canada from 34 to 100, enhancing healthcare service accessibility [5] - SRx plans to extend its operations beyond Canada, aiming to simplify healthcare on a global scale [5]

Core Viewpoint - Better Choice Company, Inc. has received approximately 93% shareholder approval for its acquisition of SRx Health Solutions, Inc. [1] Company Overview - Better Choice Company, Inc. is a rapidly growing pet health and wellness company focused on nutrition-based products for pets, aiming to enhance the health and longevity of dogs and cats [4] - The company primarily sells its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed diets [4] SRx Health Overview - SRx Health Solutions, Inc. is a Canadian healthcare service provider specializing in the Specialty Pharmacy segment, offering a comprehensive range of services from acute pharmaceutical needs to chronic disease management [5] - The company aims to expand its specialty pharmacy locations in Canada from 34 to 100, enhancing healthcare service accessibility [6] Upcoming Events - Better Choice will host a Special Meeting on March 21, 2025, for stockholders to vote on the acquisition, with a record date for voting set as January 21, 2025 [2][3]

Core Insights - Better Choice Company, Inc. has entered into a 5.5% royalty agreement with CZC Company LTD for the sales of Halo Elevate® brand in Asia [1][2][5] - The Halo brand is recognized globally for its commitment to pet health and nutrition, with a focus on marketing and distribution in the Asian region [3] Company Overview - Better Choice Company, Inc. is a growing pet health and wellness company that aims to lead the industry shift towards healthier pet products and services [3] - The company emphasizes a nutrition-based approach to pet health, contrasting with conventional pet food offerings [3] - The Halo brand portfolio includes sustainably sourced kibble, canned food, and minimally processed raw-diet dog food and treats [3] Agreement Details - The agreement allows the buyer to market and sell up to 13 SKUs of Halo Elevate® formulas that have not been sold in Asia before [5] - The buyer will order and pay for the products directly from Better Choice's manufacturer in the United States [5] - The royalty fee of 5.5% will be based on the cost of the products and payable upon shipment from the U.S. manufacturer [5]

TAMPA, Fla., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Better Choice Company, Inc. (NYSE American: BTTR) (“Better Choice” or the “Company”), a pet health and wellness company, announced today that it convened its special meeting (“Special Meeting”) and immediately adjourned the meeting, with conducting any business, to March 21, 2025. The Special Meeting was adjourned as to all of the proposals contained in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (“SEC”) on January ...

Core Viewpoint - Better Choice Company, Inc. has signed a definitive agreement to sell its Halo business in Asia for total gross proceeds of $8.1 million, which includes $6.5 million in cash at closing and a 3% royalty on sales over the next five years, with a guaranteed minimum royalty payment of $330,000 per year or $1.65 million in total [1][2]. Group 1 - The transaction allows Better Choice to retain ownership of its North American and rest-of-world operations outside of Asia [2]. - The expected closing date for the sale is April 2025 [2]. Group 2 - Better Choice Company is focused on pet health and wellness, promoting products that help pets live healthier and longer lives [3]. - The company emphasizes a nutrition-based approach to pet health, differentiating itself from conventional pet food offerings [3]. - The Halo brand, under which the majority of its products are sold, focuses on sustainably sourced ingredients and minimally processed diets for pets [3].

Core Viewpoint - Better Choice Company has signed a non-binding term sheet to sell its Halo business in Asia for $6.5 million in cash, along with a 3% royalty on sales over the next five years, while retaining ownership of its North American and rest-of-world operations [1][2][3]. Group 1: Transaction Details - The sale price for the Halo business in Asia is set at $6.5 million in cash at closing [1]. - The Buyer has paid a $500,000 non-refundable deposit, indicating commitment to the transaction [2]. - A minimum royalty payment of $330,000 per year is guaranteed, totaling $1.65 million over five years [1]. Group 2: Strategic Implications - The transaction is expected to strengthen Better Choice's balance sheet and allow for a greater focus on North American and global operations [3]. - The company is actively exploring ways to create shareholder value through this sale and other strategic initiatives [3]. Group 3: Company Overview - Better Choice Company is a growing pet health and wellness company that emphasizes nutrition-based approaches to pet health [4]. - The company markets its products under the Halo brand, which focuses on sustainably sourced pet food options [4].

Core Viewpoint - Zacks Investment Research has initiated coverage of Better Choice Company, Inc. (BTTR) with a Neutral recommendation, indicating a balanced outlook on the company's performance in the competitive pet care industry [1] Company Performance - Better Choice achieved its first profitable quarter in over four years in Q3 2024, reporting adjusted EBITDA of over $0.2 million and improved gross margins of 40% [7] - The company has made significant progress in digital sales channels, which now account for a substantial portion of its revenues, with increased repeat purchases and strong subscription growth [6] Market Position and Challenges - Better Choice's market capitalization is modest at $4.2 million, and the stock has underperformed compared to peers and the broader market, trading at a significant discount relative to industry averages [3][5] - The company faces challenges due to its reliance on Asia-Pacific markets, which exposes it to regulatory, economic, and competitive risks [2] - Elevated competition in the premium pet food sector, dominated by major players like Mars and Nestle, necessitates continued investment in branding and innovation [8] Growth Opportunities - The company's growth is heavily driven by international markets, particularly in the Asia-Pacific region, where pet ownership is surging, especially among younger demographics seeking premium products [4] - Better Choice's acquisition of SRx Health Solutions enhances its revenue diversification strategy and aligns with its plans to enter the veterinary pharmaceuticals market under the "Better Pet Rx" initiative [9] Operational Efficiencies - Operational efficiencies have been noted, including a 48% reduction in inventory levels and a 97% supply chain fill rate, which support the company's recent profitability and position it for sustained growth into 2025 [7]

Core Viewpoint - Better Choice Company, Inc. is actively repurchasing shares as part of its stock repurchase program, indicating confidence in its valuation and growth prospects [1][2]. Company Overview - Better Choice Company, Inc. is a pet health and wellness company focused on providing nutrition-based products for pets, aiming to enhance the health and longevity of dogs and cats [3]. - The company primarily sells its products under the Halo brand, which emphasizes sustainably sourced ingredients and minimally processed options [3]. Stock Repurchase Program - The company has repurchased 102,405 shares at an average price of $1.9869 per share, under a program allowing up to $5 million in repurchases until December 31, 2024 [1][2]. - The repurchase strategy is influenced by various factors, including market conditions, stock availability, and the company's financial performance [2].