Healthy Choice Wellness sees 9M revenue of $50M

Healthy Choice Wellness announced revenue estimated at $50 million for the nine-month period ending September 30th. This represents a $10 million increase compared to the same period last year. In addition to the increased revenue, the Company is projecting a record-breaking gross margin of $21 million for the same period, which would be a 30% increase over the previous year. Jeffrey Holman, CEO, stated “We are extremely pleased with our sales and gross margin performance thus far this year. This growth is a testament to our team’s hard work, dedication, and unwavering focus on delivering exceptional value and service to our customers. We are well-positioned to capitalize on the growing demand for our products as we continue to drive sustainable growth,” Holman stated. “The Company’s robust performance was driven by several factors, including the successful expansion in its market reach and the penetration of new geographic regions through several strategic acquisitions that strengthened its market position and expanded its product offerings. Also, the company implemented cost-saving measures and improved operational efficiencies, leading to higher margins. Looking ahead, HCWC remains optimistic about its prospects and is committed to continued investment in expanding its footprint and delivering long-term value to its shareholders.”