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Happy Belly Food Group ( (TSE:HBFG) ) has provided an announcement.
Happy Belly Food Group announced that its multi-unit franchisee for Heal Wellness in Alberta has secured an 11th real estate location, in the Country Hills area of north Calgary, advancing the brand’s asset-light growth strategy in the smoothie and açaí bowl segment. The new site targets a dense, affluent, health-conscious suburban demographic with strong daily traffic and limited direct specialty smoothie-bowl competition, and is expected to open in the second quarter; it contributes to Heal’s network of 30 locations and more than 178 in development, and to Happy Belly’s broader pipeline of 666 contractually committed franchise locations across multiple brands, underscoring the company’s rapid franchised expansion across Canada and the U.S. and its drive to build long-term shareholder value.
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 Toronto-based consolidator of emerging food and restaurant brands, focused on acquiring and scaling quick-service and fast-casual concepts across North America. Its portfolio includes smoothie and wellness chain Heal Wellness, Rosie’s Burgers, Yolks Breakfast, Via Cibo Italian Street Food and other growth-stage brands, with an emphasis on franchised, asset-light expansion in high-traffic, convenience-driven markets.
Average Trading Volume: 185,789
Technical Sentiment Signal: Buy
Current Market Cap: C$290.3M
Find detailed analytics on HBFG stock on TipRanks’ Stock Analysis page.