Healthy Choice Wellness reports Q1 revenue $20.3M vs. $15.9M last year

Jeffrey Holman, Chief Executive Officer of HCWC, expressed his enthusiasm about the company’s outstanding performance in the first quarter. “Our revenue has reached $20.3 million, setting a new record for the first quarter. This impressive growth has been largely fueled by the completion of the successful acquisitions throughout the past couple of years and has been complemented by same store sales increases as well as ongoing growth of our co-op vendor programs throughout all 19 stores . Additionally, our gross profit has soared to nearly $8 million, thanks in part to improvement in buying efficiencies, resulting in lower shrinkage and spoilage. We are steadfast in our commitment to our expansion strategy and are optimistic about achieving another year of robust growth. Our focus remains on leveraging synergies across our brands to drive continued bottom-line profitability. These efforts are central to our mission of delivering sustained value to our shareholders.”