24/7 Market News Snapshot 06 January, 2025 – Healthy Choice Wellness Corp. (NYSE:HCWC)

January 6, 2025

DENVER, Colo., 06 January, 2025 (247marketnews.com) – (NYSE:HCWC) are discussed in this article.
Healthy Choice Wellness Corp (HCWC) has experienced a notable upward shift in its stock performance, with shares trading at approximately $1.601 after opening at $1.10, marking a remarkable increase of 45.72%. This surge has been accompanied by a robust trading volume of 1.35 million shares, showcasing significant investor enthusiasm and building momentum for the company’s future prospects.

Further enriching its positive trajectory, HCWC recently reported impressive financial results for the fourth quarter and full year for 2024. The company achieved record sales of $19.6 million in the fourth quarter, signifying a year-over-year increase of 23.9%. Full-year sales rose to $69.3 million, reflecting a compelling growth rate of 24.5%. This surge in revenues illustrates HCWC’s strong positioning within the health and wellness sector, paralleling the heightened consumer interest in natural and organic products.

HCWC also demonstrated solid gross margin performance, reporting approximately $7.4 million in gross profit for the fourth quarter and $26.3 million for the entire year. This translated to gross margin increases of about $1.7 million and $6.0 million, respectively, highlighting the company’s efficiency in converting sales into profits.

CEO Jeffrey Holman expressed satisfaction with the company’s achievements, emphasizing that the record sales and improved gross margins reflect HCWC’s commitment to delivering value to customers and shareholders alike. Holman affirmed that the company is well-positioned to sustain this momentum through strategic acquisitions and initiatives aimed at growing its market presence.

As HCWC continues its mission of advocating for healthier lifestyle choices, it stands poised for further growth in 2025, setting the foundation for exciting developments within the natural and organic food sector.

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