Healthy Choice Wellness Corp. (HCWC) reported its financial results for the second quarter of 2025, revealing a net loss of $339,359, a significant improvement from a net loss of $595,707 in the same period last year. For the six months ended June 30, 2025, the company recorded a net loss of $1,051,769, compared to a loss of $1,297,170 in the prior year. Revenue for the second quarter increased by 29.5% to $20.2 million, up from $15.6 million in the same quarter of 2024, driven primarily by the acquisition of GreenAcres Market and an increase in same-store sales.

The company's gross profit for the second quarter was $8.1 million, reflecting a gross margin increase of approximately 2.3% compared to the previous year. Operating expenses also rose to $8.1 million from $6.4 million, largely due to costs associated with the GreenAcres acquisition and increased insurance and licensing expenses. Despite the rise in operating expenses, the loss from operations improved to $(39,032) from $(481,558) year-over-year, indicating better operational efficiency.

In terms of strategic developments, HCWC completed the acquisition of GreenAcres Market in July 2024, which contributed significantly to the revenue growth reported. The company has also launched a new customer loyalty program that has positively impacted same-store sales. As of June 30, 2025, HCWC's total assets increased to $36.4 million from $34.1 million at the end of 2024, with cash and cash equivalents rising to $4.7 million, up from $2.1 million.

Operationally, HCWC has seen an increase in customer engagement, with a notable rise in same-store sales attributed to the success of its loyalty program. The company operates a total of 30 retail locations across several states, including Florida, New York, New Jersey, Virginia, Kansas, and Oklahoma. The employee headcount has also increased as the company expands its operations, although specific figures were not disclosed in the filing.

Looking ahead, HCWC anticipates continued growth driven by its strategic initiatives, including further geographic expansion and product offerings. The company has secured binding commitments for an additional $10 million in equity financing, which it plans to utilize for acquisitions and operational needs. However, HCWC also acknowledges the challenges posed by increased competition in the food retail sector and the potential impact of rising costs on its operations. The management remains focused on improving operational efficiencies and enhancing its market position in the health and wellness sector.

About HEALTHY CHOICE WELLNESS CORP.

About 10-Q Filings

A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.

Key points about the 10-Q:

  • Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
  • Content: It includes:
    • Financial statements showing the company's current financial position
    • Updates from management on the performance and projections of the business
    • Information about potential risks the company faces
    • Details on how the company is run internally
  • Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.

Our Methodology

AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.

Our method:

  1. Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
  2. AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
  3. Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
  4. Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
  5. Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Read more about AssetRoom

Feedback & Corrections

Spot an error or have a suggestion? Contact us.