Zacks Initiates Coverage of Better Choice With Neutral Recommendation

Zacks Investment Research has recently initiated coverage of Better Choice Company, Inc. (BTTR) with a Neutral recommendation, reflecting a balanced outlook on the company’s performance and prospects in the competitive pet care industry.Better Choice achieved a significant milestone in the third quarter of 2024, reporting its first profitable quarter in over four years with adjusted EBITDA of over $0.2 million and gross margins improving to 40%. Operational efficiencies, including a 48% reduction in invento ...