Healthy Choice Wellness focused on continuing ‘consistent, responsible growth’

Healthy Choice Wellness CEO Jeff Holman said, in part, “With its new independent status as a publicly-traded company, Healthy Choice is well positioned to use our stronger balance sheet, equity currency and access to capital markets to capitalize on the many attractive investment opportunities in our fragmented space. Over the past eight years, we have grown the Natural and Organic Health Food Grocery division from an idea to 19 stores, doing business in six states, employing over 500 people, and are expecting to reach annualized revenue of approximately $78,000,000 in 2025 with its current stores. We achieved this monumental growth through the acquisition of 6 groups of stores, without the benefit of a major exchange listing to facilitate easier access to capital. Despite this obstacle, every acquisition opportunity that passed our rigorous evaluation and offered substantial value was brought to fruition through our strategic efforts. By way of example, our year over year growth from 2022 to 2023 was 92% raising topline revenue from $29.3mm to $55.7mm…Our plan: continue our proven track record of consistent, responsible growth focusing on businesses that fall within our model. Near term: We will seek to complete another acquisition either before year end or early in the 1st quarter of next year, which could bring our top-line annualized revenue to over $100,000,000 to begin fiscal 2025; yet another milestone. Mid term: With our newfound path to obtain proper funding, some of which is already in place, identify and close multiple acquisitions in 2025. Long term: Continue to grow and increase profitability and shareholder value through these unique acquisitions…With regards to the investment side of our recent listing, spinoff investors typically see share price volatility short-term due to the number of new shares issued into the market and also due to a company’s newness and lack of stand-alone financial results. Management believes that the dividend stock distributed to shareholders of the former parent company is exerting selling pressure, causing the company’s current stock price to be lower than it should be. We hope that our investors will understand our goal of creating long-term value and our expectation that our growth and success will be reflected in our stock price over the next 12 months.”