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An announcement from Happy Belly Food Group ( (TSE:HBFG) ) is now available.
Happy Belly Food Group has announced the grand opening of a new Rosie’s Burgers location in Calgary’s high-traffic Marda Loop neighbourhood, marking the brand’s 11th restaurant overall and third in Western Canada. The boutique quick-service smash burger chain, known for its nostalgic burgers, fries, poutine and milkshakes, is leveraging Marda Loop’s dense residential base and vibrant retail mix as part of Happy Belly’s broader dual-growth strategy that combines franchised expansion with targeted corporate store openings. With more than 114 additional Rosie’s locations in development and a total of 666 contractually committed franchise sites across its portfolio, the company is signalling accelerated national scaling of its brands and reinforcing its ambitions to cement a leading position as a consolidator in Canada’s restaurant sector.
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 is a Canadian company focused on acquiring and scaling emerging foodservice brands across the quick-service and fast-casual restaurant industry. Its portfolio includes concepts such as Rosie’s Burgers, Heal Wellness, Yolks Breakfast, and Via Cibo Italian Street Food, with a strong emphasis on franchising and multi-brand expansion across key Canadian markets.
Average Trading Volume: 188,285
Technical Sentiment Signal: Buy
Current Market Cap: C$289M
Find detailed analytics on HBFG stock on TipRanks’ Stock Analysis page.