EXCLUSIVE: Smart For Life Targets $100M Revenue Goal Through Strategic Health & Wellness Acquisitions
Portfolio Pulse from Anusuya Lahiri
Smart for Life, Inc (NASDAQ:SMFL) is expanding its acquisition pipeline in the Health & Wellness sector, aiming for $100M in revenue. The company is negotiating acquisitions of four profitable targets and exploring additional prospects. SMFL's stock rose by 1.56% following the announcement.
August 21, 2024 | 12:00 pm
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Smart for Life is actively expanding its acquisition pipeline in the Health & Wellness sector, targeting $100M in revenue. The company is negotiating acquisitions of four profitable targets and exploring additional prospects.
The announcement of new acquisitions and a clear revenue target of $100M is a positive signal for investors, indicating potential growth and expansion. The stock's recent increase of 1.56% reflects market optimism about these developments.
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