Sales of $15.6 million for the Second Quarter; $2.0 million Year-Over-Year Growth Gross Margin of $5.9 million for the Second Quarter; $0.8 million Year-Over-Year Growth HOLLYWOOD, FL, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Results and Recent Highlights: Net sales from operations for the three-month period ended June 30, 2024, amounted to $15.6 million, compared to $13.6 million, an approximately $2.0 million and 15% increase versus the same period in 2023.
HOLLYWOOD, FL, July 24, 2024 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced the acquisition of GreenAcres Market, an organic and natural health food and vitamin chain with five store locations in Kansas and Oklahoma. GreenAcres Market is a chain of premier natural foods stores, offering organic and all natural products and vitamins from both top national brands as well as locally sourced specialty brands. GreenAcres Market offers everything from organic produce, natural groceries, dietary supplements, and freshly prepared food. This acquisition marks HCMC's market expansion into the midwestern region of the United States.
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Grocery Stores Industry | Consumer Defensive Sector | Mr. Jeffrey Elliot Holman J.D. CEO | OTC PINK Exchange | US42226N1090 ISIN |
United States Country | - Employees | - Last Dividend | 2 Jun 2016 Last Split | - IPO Date |
Healthier Choices Management Corp., initially known as Vapor Corp., underwent a rebranding to its current name in March 2017, reflecting a broader focus beyond its vaporizer products. Incorporated in 1985, the company operates from its headquarters in Hollywood, Florida. It has diversified its business into two main segments: Vapor and Grocery. This strategic expansion allows Healthier Choices Management Corp. to cater to a wider market, offering products that emphasize healthier living and alternatives to traditional smoking methods.
Healthier Choices Management Corp. offers a range of battery-powered vaporizers. These devices are designed for inhaling nicotine vapor, catering to users looking for alternatives to traditional cigarettes. The company's entry into the vaporizer market signifies its pivot towards products that support a healthier lifestyle choice for smokers.
The Q-Cupâ„¢ is an innovative product that enables users to vape concentrates, either for medicinal purposes or recreational use. This product stands out as a unique offering that caters to the growing market for concentrates, providing a safer and more controlled method of consumption.
Through Ada's Natural Market and Paradise Health & Nutrition, Healthier Choices Management Corp. operates grocery stores specializing in fresh produce, bulk foods, vitamins and supplements, packaged groceries, and more. These stores focus on offering healthy, organic, and natural food options, aligning with the company's emphasis on health-conscious consumer products.
Mother Earth's Storehouse is another facet of the company's grocery segment, offering a range of organic and health foods, vitamins, and health supplements. This store contributes to the company's portfolio of health-focused retail operations, reinforcing its commitment to promoting healthier choices.
This online platform extends Healthier Choices Management Corp.'s reach in the vitamins and supplements market, along with offering health, beauty, and personal care products. TheVitaminStore.com serves as a convenient option for consumers to access a broad spectrum of health-related products online.