Streetbeat News

SMFL

Smart for Life, Inc.

https://www.smartforlife.com

Industry

Packaged Foods

Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements; dietary supplements; nutritional supplements for athletes and active lifestyle consumers comprising powders, tablets, and soft gels; and various nutritional supplements. It sells its products through online market platforms. The company was formerly known as Bonne Santé Group, Inc. and changed its name to Smart for Life, Inc. in August 2021. Smart for Life, Inc. was founded in 2002 and is based in Miami, Florida.

Open

0.01

Mkt cap

1.5K

Volume

987

High

0.01

P/E Ratio

N/A

52-wk high

39.20

Low

0.01

Div yield

N/A

52-wk low

0.00

New To The Street has signed Smart For Life, Inc. (SMFL) to a six-part series, which includes an iconic billboard and commercial ads.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 2:30 pm

Smart for Life (NASDAQ:SMFL) reported Q1 sales of $2.40 million, missing the analyst consensus estimate of $9.20 million by 73.91% and representing a 46.12% decrease YoY.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 8:41 pm

U.S. stocks traded mixed with the Dow Jones dropping around 150 points, while the NASDAQ and S&P 500 rose. Alibaba reported better-than-expected earnings for its fourth quarter. Information technology shares rose by 1.2%, while real estate shares fell 1.4%.

Portfolio Pulse from Lisa Levin

May 18, 2023 | 6:32 pm

Monro shares dropped 13.4% after posting Q4 results and announcing an agreement to eliminate Class C preferred stock. Other stocks experienced significant price movements during Thursday's mid-day session, with gainers including CaliberCos, Enveric Biosciences, and WANG & LEE GROUP, while losers included Fortress Biotech, Tingo Group, and Motus GI Holdings.

Portfolio Pulse from Lisa Levin

May 18, 2023 | 5:19 pm

The Nasdaq Composite gained around 100 points on Thursday, with Walmart raising its full-year forecast after reporting better-than-expected Q1 results. Financials shares rose by 2.2%, with SelectQuote and National Western Life Group among the top gainers. Consumer staples shares fell 0.2%.

Portfolio Pulse from Lisa Levin

May 18, 2023 | 4:09 pm

Smart For Life Inc (NASDAQ: SMFL) has raised $1.58 million through an equity offering of 584,892 shares at $2.71 per share. The company will also issue unregistered common stock purchase warrants for 584,892 shares with an exercise price of $2.59 per share. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Shivani Kumaresan

May 18, 2023 | 4:04 pm

Smart For Life announced a $1.58 million registered direct offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 2:46 pm

Smart for Life (NASDAQ: SMFL) has announced a registered direct offering of 584,892 shares at $2.71 per share, priced at-the-market under Nasdaq rules. The company will also issue unregistered common stock purchase warrants with an exercise price of $2.59 per share. The gross proceeds are expected to be approximately $1.58 million, which will be used for working capital and general corporate purposes.

Portfolio Pulse from Happy Mohamed

May 18, 2023 | 12:09 pm

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