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Stock impact report

Zacks Initiates Coverage of FitLife Brands With Neutral Recommendation [Yahoo! Finance]

FitLife Brands, Inc. (FTLF) 
NASDAQ:AMEX Investor Relations: ir.fitlifebrands.com
Company Research Source: Yahoo! Finance
This assessment comes amid a mixed outlook for the company, which has been making notable strides in the nutritional supplements space despite industry challenges. FitLife, headquartered in Omaha, NE, is a national provider of nutritional supplements and wellness products. It was founded as a corporation focused on health-conscious consumers, which offers a wide range of products under several brand names, including NDS Nutrition, PMD Sports, SirenLabs, CoreActive, Nutrology, and Metis Nutrition (collectively NDS Products); iSatori, BioGenetic Laboratories, and Energize (iSatori Products); Dr. Tobias, All Natural Advice, and Maritime Naturals (MRC Products); and MusclePharm. FitLife's revenues for the first quarter of 2024 surged 54% year over year to $16.5 million, driven by a remarkable 116% increase in online sales. This robust growth underscores the company's successful pivot toward a more resilient and profitable online business model. Additionally, FTLF's gross margins impro Show less Read more
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