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0.0804597701149426 -0.0517241379310344 -0.0229885057471263 0.229885057471264 0.422413793103448 0.467413793103448 0.149942528735632 0.0948275862068967
Stock impact report

EXCLUSIVE: Smart For Life Targets $100M Revenue Goal Through Strategic Health & Wellness Acquisitions [Yahoo! Finance]

Smart for Life, Inc. (SMFL) 
Company Research Source: Yahoo! Finance
The Company is currently negotiating the acquisition of four profitable Health & Wellness targets with several additional prospects in exploratory discussions as part of the Company's post-restructuring initiatives. The acquisitions include the following: Purely Optimal Nutrition—This was a previously announced acquisition. The Company and Purely Optimal management are actively collaborating on restructuring their sales initiatives to improve Purely Optimal's profitability prior to closing the acquisition. Liquid Manufacturer – Contract manufacturer with sales of approximately $12 million and profitable in the prior fiscal year. Established Supplement Brand – Historical sales of approximately $10 million annually and profitable through nutraceutical products. Wholesale Manufacturer and Distributor – Generating approximately $8 million in revenue and profitable in retail channels. "Smart for Life is committed to pursuing revenue and earnings growth through the acquisition Show less Read more
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