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Happy Belly Food Group ( (TSE:HBFG) ) just unveiled an announcement.
Happy Belly Food Group’s Heal Wellness brand has signed a multi-unit agreement for three locations in central Alberta and secured its first real estate location in Red Deer. This expansion reflects the brand’s growing footprint in Western Canada and demonstrates confidence in its scalable business model. With 195 units secured through national development agreements, Heal Wellness is rapidly gaining national brand recognition and establishing itself as Canada’s first coast-to-coast smoothie bowl brand. The broader Happy Belly portfolio now includes 616 contractually committed retail locations, indicating significant momentum and long-term value creation for shareholders.
Spark’s Take on TSE:HBFG Stock
According to Spark, TipRanks’ AI Analyst, TSE:HBFG is a Neutral.
The overall score reflects strong corporate events and strategic expansions, which are offset by financial challenges such as negative profitability and high leverage. Technical indicators and valuation metrics also suggest caution.
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 leader in acquiring and scaling emerging food brands across Canada. The company focuses on providing quick, fresh wellness foods through its Heal Wellness brand, which offers a range of smoothie bowls, acai bowls, and smoothies.
Average Trading Volume: 83,821
Technical Sentiment Signal: Buy
Current Market Cap: C$137.2M
See more insights into HBFG stock on TipRanks’ Stock Analysis page.