TRUBAR Expands U.S. Presence with Over 500 New Store Locations

Simply Better Brands ( (TSE:TRBR) ) just unveiled an announcement.

TRUBAR Inc. has announced the expansion of its TRUBAR™ brand into over 500 additional stores across the U.S. Midwest, Pacific Northwest, and Colorado, enhancing its national presence. This strategic move is part of the company’s goal to increase retail distribution to 25,000 locations by the end of 2025, strengthening its market position and fostering partnerships with key regional grocery chains.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.

Spark’s Take on TSE:TRBR Stock

According to Spark, TipRanks’ AI Analyst, TSE:TRBR is a Neutral.

The company’s financial performance is the primary concern, with high leverage and ongoing losses posing significant risks. Technical indicators show a bearish trend, and valuation metrics are unfavorable. However, the strategic refocus on its core business, as indicated by recent corporate events, could be a positive catalyst for the future.

To see Spark’s full report on TSE:TRBR stock, click here.

More about Simply Better Brands

TRUBAR Inc. is a better-for-you snacking company focused on delivering high-quality, plant-based protein products with exceptional taste and made with clean, recognizable ingredients. The company’s signature product line, TRUBAR™, is distributed through national retailers, club stores, and e-commerce platforms across North America. TRUBAR Inc. aims to expand its presence throughout North America and select international markets.

Average Trading Volume: 359,763

Technical Sentiment Signal: Sell

Current Market Cap: C$86M

Find detailed analytics on TRBR stock on TipRanks’ Stock Analysis page.