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Happy Belly Food Group ( (TSE:HBFG) ) just unveiled an update.
Happy Belly Food Group has announced the grand opening of a new Heal Wellness quick-service restaurant in Calgary’s Bridgeland neighborhood, marking the sixth Heal location in the city and the ninth in Alberta. The opening exemplifies the brand’s regional expansion driven by strong unit economics and increasing consumer demand for wellness-focused food. With 28 Heal Wellness locations currently operating and over 168 under development, this milestone contributes to the broader portfolio of 626 franchise units across Happy Belly’s emerging brands, strengthening its presence in Canada and beyond.
The most recent analyst rating on (TSE:HBFG) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Happy Belly Food Group stock, see the TSE:HBFG Stock Forecast page.
Spark’s Take on TSE:HBFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HBFG is a Neutral.
Happy Belly Food Group’s overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. Technical analysis indicates a bullish trend, but overbought signals suggest caution. The valuation is weak due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on TSE:HBFG stock, click here.
More about Happy Belly Food Group
Happy Belly Food Group Inc. is a Canadian leader in acquiring and scaling emerging food brands. The company operates a portfolio of quick-service and restaurant concepts, including Heal Wellness, which specializes in fresh smoothie bowls, açaí bowls, and smoothies tailored to active and health-conscious consumers.
Average Trading Volume: 186,221
Technical Sentiment Signal: Buy
Current Market Cap: C$281.1M
For a thorough assessment of HBFG stock, go to TipRanks’ Stock Analysis page.