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The latest announcement is out from Happy Belly Food Group ( (TSE:HBFG) ).
Happy Belly Food Group has entered into a three-year exclusive supply agreement with Coca-Cola Canada Bottling Limited, designating Coca-Cola as their preferred beverage partner. This partnership is expected to enhance Happy Belly’s operational efficiency by leveraging Coca-Cola’s buying power, reducing food costs, and streamlining inventory management, thereby strengthening Happy Belly’s position as a prominent restaurant consolidator in Canada.
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 reflects strong expansion efforts and revenue growth, tempered by financial challenges and valuation concerns. The company’s aggressive franchise expansion is a key strength, but profitability and leverage risks remain significant.
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 leading consolidator of emerging food brands, focusing on acquiring and scaling these brands within the food industry.
YTD Price Performance: -15.08%
Average Trading Volume: 85,127
Technical Sentiment Signal: Buy
Current Market Cap: C$138.5M
See more insights into HBFG stock on TipRanks’ Stock Analysis page.