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Synergy CHC Corp. Announces Fourth Quarter and Full Year 2025 Earnings and Conference Call Information
Globenewswire· 2026-03-17 20:05
WESTBROOK, Maine, March 17, 2026 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced that it plans to release financial results for the fourth quarter and full year ended December 31, 2025, on Tuesday, March 31, 2026, before the open of market trading. In conjunction with reporting fourth quarter and full year 2025 results, Synergy will host a conference call at 9:00 a.m. ET / 6:00 a.m. PT with the Company’s Chief ...
Synergy CHC Corp. (NASDAQ: SNYR) Expands FOCUSfactor® Functional Beverage Distribution Across Canada Through Walmart Canada and McKesson Canada
Globenewswire· 2026-01-27 13:00
Core Insights - Synergy CHC Corp. is expanding its FOCUSfactor functional beverage portfolio in Canada, following a successful launch of supplement SKUs at Walmart Canada and McKesson Canada in Q4 2025, with positive consumer feedback supporting this expansion [1][2][5] Group 1: Expansion Details - Starting April 2026, Walmart Canada will introduce four additional beverage SKUs, enhancing the brand's presence in both in-store and online channels [2] - McKesson Canada has secured nationwide distribution for the FOCUSfactor functional beverage line, which will begin in April 2026, aligning with Walmart Canada's expansion [3] - The expansion strategy mirrors the successful multi-channel retail approach used in the U.S., where FOCUSfactor has established strong partnerships with major retailers [4] Group 2: Market Validation - The CEO of Synergy CHC Corp. highlighted that the expanded assortment at Walmart Canada and McKesson's national authorization validate consumer demand for functional beverages that provide clean energy and mental clarity [5] - The FOCUSfactor brand has a 25-year legacy and is well-established in markets including the U.S., Canada, Mexico, and the U.K., with significant growth potential in new markets [6]
Synergy CHC Corp. (NASDAQ: SNYR) Appoints Pedro Colmenares as Director of Sales & Marketing for Mexico & Latin America
Globenewswire· 2025-12-16 13:00
Core Insights - Synergy CHC Corp. has appointed Pedro Colmenares as Director of Sales & Marketing for Mexico & Latin America to enhance its international growth strategy [1][2] - The company has initiated product shipments to Costco Mexico, marking its entry into the Mexican market [2] - Colmenares brings over 18 years of experience in the pharmaceutical and consumer health sectors, which will be crucial for Synergy's expansion in Latin America [3][4] Company Strategy - The appointment of Colmenares is part of Synergy's strategy to build a scalable commercial foundation in Mexico and Latin America [2] - The company aims to drive growth in its supplement and functional beverage portfolios through effective market entry and expansion initiatives [2][3] - Synergy's flagship brand, FOCUSfactor, is positioned for growth in new markets, supported by established distribution channels [5] Leadership and Expertise - Pedro Colmenares has a proven track record in launching operations and developing distribution networks across Latin America [3][4] - His experience includes leadership roles at Procter & Gamble and Victus/Megalabs, where he successfully transformed underdeveloped markets into sustainable businesses [3][4] - Colmenares emphasizes the importance of building strong partnerships and executing localized strategies for sustainable growth [5]
Synergy CHC Corp. Reports Third Quarter 2025 Financial Results and its Eleventh Consecutive Quarter of Profitability
Globenewswire· 2025-11-13 13:00
Core Insights - Synergy CHC Corp. reported its financial results for Q3 2025, marking its 11th consecutive quarter of profitability and achieving double-digit revenue growth alongside significant gross margin expansion [2][5]. Financial Performance - Revenue for Q3 2025 was $8.0 million, representing a 12.4% increase from $7.1 million in Q3 2024 [5][8]. - Gross margin improved to 70.9% in Q3 2025, up from 67.2% in Q3 2024, primarily due to a favorable product mix [5][8]. - Operating expenses rose to $4.4 million, a 17.7% increase compared to $3.7 million in Q3 2024, driven by costs associated with being a public company and launching the beverage division [6][8]. - Income from operations increased to $1.28 million, up 21.8% from $1.05 million in Q3 2024, attributed to improved gross margins [6][8]. - Net income for Q3 2025 was $125.3 thousand, down from $783.6 thousand in Q3 2024, with earnings per share at $0.01 compared to $0.11 in the prior year [7][8]. Business Developments - The company expanded its retail authorizations and distribution partnerships, notably with Kroger and Wakefern, enhancing its market reach across North America [2][8]. - A public offering completed in August 2025 raised $4.4 million, providing additional working capital for growth and brand expansion [2][8]. - Synergy appointed Teresa Thompson, a former Costco executive, to its Board of Directors, enhancing its expertise in retail and consumer health [8]. - FOCUSfactor was recognized as the 1 Pharmacist Recommended OTC Memory Supplement for 2025-2026 by Pharmacy Times, highlighting its market leadership [8]. Balance Sheet and Cash Flow - As of September 30, 2025, the company had approximately $1.0 million in cash and cash equivalents, up from $687.9 thousand at the end of 2024 [10][20]. - Working capital surplus increased to $16.68 million from a deficit of $1.12 million at the end of 2024 [10][20]. - Inventory stood at $2.1 million, compared to $1.7 million at the end of 2024 [10][20]. - Cash used in operating activities for the nine months ended September 30, 2025, was $3.21 million, compared to $1.38 million for the same period in 2024 [11][25].
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]