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Synergy CHC Corp. Reports Third Quarter 2025 Financial Results and its Eleventh Consecutive Quarter of Profitability
Globenewswire· 2025-11-13 13:00
WESTBROOK, Maine, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, is announcing its financial results for the three months ended September 30, 2025. “We are pleased to report our 11th quarter of profitability and double-digit revenue growth, accompanied by over 300 basis points of gross margin expansion,” said Jack Ross, CEO of Synergy CHC Corp. “We made meaningful progress across our strategic priorities by exp ...
Synergy CHC Corp Expands FOCUSfactor® Functional Beverage Distribution Across Arkansas Through Partnership with C&M Sales
Globenewswire· 2025-11-05 13:00
Core Insights - Synergy CHC Corp. has announced a strategic distribution partnership with C&M Sales to enhance the availability of its FOCUSfactor® Focus + Energy products in Arkansas, capitalizing on the growing functional beverage market [1][4]. Company Overview - Synergy CHC Corp. specializes in consumer health and wellness products, with flagship brands including FOCUSfactor and Flat Tummy. FOCUSfactor is a clinically studied brain health supplement and functional beverage line with a 25-year legacy, distributed in the U.S., Canada, and the U.K. through major retailers [5]. - Flat Tummy focuses on women's wellness and weight management, complementing Synergy's product portfolio [5]. Partnership Details - C&M Sales, a well-established beverage distributor in Arkansas with nearly 90 years of experience, will serve as Synergy's new Direct Store Delivery partner. The company has a strong reputation for brand-building and services over 3,500 accounts statewide [2][3]. - The partnership aims to leverage C&M Sales' long-standing relationships and expertise to expand FOCUSfactor's market presence in the functional beverage category [4]. Market Position - The non-alcohol division of C&M Sales, established in 2019, has quickly become a preferred distributor for non-alcoholic beverages in Arkansas, representing over 20 leading brands [3][6]. - The collaboration is expected to enhance the visibility and availability of FOCUSfactor products, driving innovation and consumer demand in the functional beverage sector [4].
Synergy CHC Corp. Announces Third Quarter 2025 Earnings and Conference Call Information
Globenewswire· 2025-10-30 20:05
Core Insights - Synergy CHC Corp. plans to release its financial results for Q3 2025 on November 13, 2025, before market trading [1] - A conference call will be held on the same day at 9:00 a.m. ET, featuring the CEO and CFO, with a live webcast available [2] Company Overview - Synergy CHC Corp. specializes in developing and marketing consumer health and wellness products, with flagship brands including FOCUSfactor and Flat Tummy [3] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, distributed in major retailers across the U.S., Canada, and the U.K., and is experiencing growth in new markets [3] - Flat Tummy is a lifestyle brand focused on women's wellness and weight management, complementing Synergy's product portfolio [3]
Synergy CHC Corp. (NASDAQ: SNYR) Announces FOCUSfactor® Named #1 Pharmacist Recommended OTC Memory Supplement for 2025-2026
Globenewswire· 2025-10-27 12:00
Core Insights - FOCUSfactor has been recognized as the 1 Pharmacist Recommended OTC Memory Supplement for 2025-2026 according to the Pharmacy Times survey [1][2][3] - This recognition highlights the brand's commitment to brain-health science and consumer trust, reflecting the confidence pharmacists have in FOCUSfactor [3] Company Overview - Synergy CHC Corp. develops and markets consumer health and wellness products, with FOCUSfactor being a flagship brand known for clinically-studied formulations aimed at improving memory, focus, and cognitive clarity [3][5] - FOCUSfactor has over 20 years of category leadership and established distribution in the U.S., Canada, and the U.K. through major retailers such as Costco, Walmart, Amazon, BJ's, and Walgreens [5] - The brand is focused on expanding its brain-health and functional-wellness offerings across various channels, including pharmacy, mass retail, e-commerce, and international markets [3][5] Industry Context - Pharmacy Times serves as a leading resource for pharmacy professionals, providing insights and identifying trusted brands in key consumer health categories through its annual survey [6]
Synergy CHC (NASDAQ: SNYR) Deepens FOCUSfactor® Expansion with Kroger, PriceSmart & Wakefern — Strengthening U.S., Canada, and Global Reach
Globenewswire· 2025-10-22 12:00
Core Insights - Synergy CHC Corp. announced significant retail authorizations and distribution partnerships to expand its FOCUSfactor supplements and FOCUSfactor Focus + Energy beverages in the U.S., Canada, and international markets, responding to rising consumer demand for clean energy and cognitive health products [1][7]. U.S. Expansion - Kroger will launch three FOCUSfactor SKUs across 1,600 locations starting April 2026, enhancing FOCUSfactor's position as a leader in cognitive health supplements [2]. - Wakefern Food Corp. will introduce five FOCUSfactor Focus + Energy SKUs in 365 retail locations, furthering Synergy's national beverage rollout strategy [3]. Canadian Expansion - Uniprix will launch FOCUSfactor supplement SKUs in 300 stores beginning February 2026, while Fortinos will debut FOCUSfactor Focus + Energy beverages in 24 locations [4]. - Pilot Flying J will carry FOCUSfactor beverages across 56 travel centers, marking a significant milestone in Synergy's retail expansion in Canada [5]. International Expansion - PriceSmart will launch FOCUSfactor Focus + Energy 12-pack across 47 clubs in 13 countries, reaching over 3 million members, thus introducing FOCUSfactor beverages to new markets in Latin America and the Caribbean [6]. Strategic Partnerships - The partnerships with major retailers like Kroger, Wakefern, and PriceSmart validate Synergy's global scaling strategy and commitment to delivering clean energy and brain health solutions [7].
Synergy CHC Corp. Announces the Closing of its $4.375 Million Public Offering
Globenewswire· 2025-08-27 20:15
Group 1 - Synergy CHC Corp. closed an underwritten public offering of 1,750,000 shares at a price of $2.50 per share, raising gross proceeds of $4.375 million before expenses [1] - The company granted underwriters a 45-day option to purchase an additional 262,500 shares at the public offering price [1] - The underwriter received warrants to purchase up to 52,500 shares, which can increase to 60,375 if the over-allotment is exercised, with specific expiration tranches [2] Group 2 - Bancroft Capital, LLC served as the sole book-running manager for the offering, with legal representation from Lucosky Brookman LLP [3] - Synergy CHC Corp. is known for its consumer health and wellness products, including flagship brands FOCUSfactor and Flat Tummy, with established distribution in major retailers [6] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, and the brand is expanding into new markets [6]
Synergy CHC Corp to Present at the 2025 Gateway Conference on September 4th
Globenewswire· 2025-08-21 12:00
Company Overview - Synergy CHC Corp. is a leading consumer health and wellness company known for its flagship brands FOCUSfactor and Flat Tummy [6] - FOCUSfactor is a clinically studied brain health supplement with a 25-year legacy, distributed in the U.S., Canada, and the U.K. through major retailers like Costco, Walmart, Amazon, BJ's, and Walgreens [6] - The company is experiencing growth by penetrating new markets and has secured recent retail wins across various channels, which are expected to drive gains in late 2025 [6] Conference Participation - Synergy is confirmed to present at the 2025 Annual Gateway Conference on September 4 at 9:30 a.m. Pacific Time [1][2] - The presentation will be webcast live, and Synergy executives will be available for one-on-one meetings throughout the conference [2] Gateway Conference Details - The Gateway Conference connects growth-stage companies with prospective investors, analysts, and partners [3] - Attendees will have access to presentations and one-on-one meetings with senior executives from over 75 private and public companies across various sectors [4]
Synergy CHC Corp Reports Second Quarter 2025 Financial Results and its Tenth Consecutive Quarter of Profitability
Globenewswire· 2025-08-14 12:00
Core Insights - Synergy CHC Corp. reported strong financial results for Q2 2025, marking its tenth consecutive quarter of profitability, with year-over-year growth in revenue, gross profit, net income, and earnings per share [2][5][7] Financial Performance - Revenue for Q2 2025 was $8.1 million, a 1% increase from $8.0 million in Q2 2024 [5][8] - Gross margin improved to 76.7% in Q2 2025 from 69.5% in Q2 2024, primarily due to increased license revenue [5][8] - Operating expenses rose to $4.6 million, up 16% from $4.0 million in Q2 2024, attributed to costs related to being a public company [6][8] - Income from operations was $1.62 million, a 2.5% increase compared to $1.58 million in Q2 2024 [6][8] - Net income surged to $1.5 million, reflecting a 125% increase from $655.2 thousand in Q2 2024 [7][8] - Earnings per share increased to $0.17, up 86% from $0.09 in Q2 2024 [7][8] - EBITDA for Q2 2025 was $3.80 million, a 136% increase from $1.61 million in Q2 2024 [9] Strategic Developments - The company expanded its FOCUSfactor brand's global presence through a licensing agreement in Turkey [2][8] - Synergy secured distribution partners across North America for its ready-to-drink (RTD) beverage business [2][8] - A $20 million debt refinancing was completed, enhancing financial flexibility and supporting long-term growth strategies [2][8] Balance Sheet and Cash Flow - As of June 30, 2025, cash and cash equivalents increased to approximately $1.5 million from $687.9 thousand at the end of 2024 [10][20] - Working capital surplus improved to $12.4 million from a deficit of $1.12 million at the end of 2024 [10][20] - Inventory rose to $2.4 million from $1.7 million at the end of 2024 [10][20] - Cash used in operating activities for the first half of 2025 was $899.7 thousand, an improvement from $1.1 million in the same period of 2024 [11][27]
Synergy CHC Corp. Announces Second Quarter 2025 Earnings and Conference Call Information
Globenewswire· 2025-07-31 20:05
Company Overview - Synergy CHC Corp. is a fast-growing consumer health and wellness company, providing products aimed at improving health and wellness [3] Upcoming Financial Results - The company plans to release its financial results for the second quarter ended June 30, 2025, on August 14, 2025, before market trading opens [1] - A conference call will be held at 9:00 a.m. ET / 6:00 a.m. PT with CEO Jack Ross and CFO Jaime Fickett to discuss the results [2] Product Portfolio - Synergy's brand portfolio includes FOCUSfactor, a clinically studied brain health supplement that enhances memory, concentration, and focus, and Flat Tummy, a lifestyle brand focused on women's wellness and weight management [3]
Synergy CHC Corp. (NASDAQ: SNYR) Secures Retail Deals with McKesson Canada and Others as FOCUSfactor Expansion Surges Across North America
Globenewswire· 2025-07-14 12:00
Core Insights - Synergy CHC Corp. has announced significant retail and distribution wins for its FOCUSfactor supplement and functional beverage lines, reflecting a focused strategy to scale its cognitive health portfolio [1][2] Supplement Gains - London Drugs will launch FOCUSfactor brain health supplements across all 80 store locations in Western Canada starting this summer, targeting a growing health and wellness consumer base [3][4] - Synergy has secured a national distribution agreement with McKesson Canada, allowing access to thousands of pharmacy and health-focused retail locations across Canada, with a rollout scheduled for Q4 2025 [4][5] Beverage Gains - Gabe's will introduce FOCUSfactor Focus + Energy beverages to 137 stores in the Mid-Atlantic and Southeast, with additional exposure through Old Time Pottery's 34 stores, totaling 171 retail locations across 20 states [5][6] - FOCUSfactor will showcase its beverage line at the 2025 ECRM Beverage Show in Dallas, meeting with over 25 national retailers and distributors representing over 32,000 doors across the USA [6][7] Building Momentum - The recent distribution wins follow a series of major agreements earlier this year, indicating accelerating momentum across both product lines and key regions, with expectations for further updates in the coming months [8]