AveragePenny
2月前
$SNYR Synergy CHC Corp. Reports Fourth Quarter and Full Year 2025 Financial Results
https://www.globenewswire.com/news-release/2026/04/01/3266540/0/en/Synergy-CHC-Corp-Reports-Fourth-Quarter-and-Full-Year-2025-Financial-Results.html
NORTH WINDHAM, Maine, April 01, 2026 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a consumer health and wellness company, is announcing its financial results for the three and twelve months ended December 31, 2025.
“Our full year results reflect a year of meaningful strategic progress and continued advancement of our priority growth initiatives,” said Jack Ross, CEO of Synergy CHC Corp. “During 2026 on the beverage side, we have shipped our Focus and Energy RTDs and shots into several new key distribution partners, including EG America, Wakefern Food, and Pine State Beverage, to name a few. With millions of cans of RTDs and shots in stock and ready to ship, we believe 2026 will be a foundational year for scaling the beverage division and expanding our national footprint. In fact, through the first quarter of 2026, we’ve already generated over $600,000 in gross revenue, nearly matching our full year 2025 performance. This equates to an annualized run rate of approximately $2.5 million, reflecting the meaningful progress we’ve made in expanding our functional beverage distribution.”
“In addition, due to instability in the Middle East, we agreed to cancel a licensing agreement with our regional partner. However, we continue to view this as an attractive long-term growth opportunity and intend to revisit this once conditions in the region stabilize. With a more focused portfolio, expanding retail and DSD partnerships, and growing consumer momentum, we believe Synergy is well positioned to drive sustainable growth in the quarters ahead.”
Fourth Quarter 2025 Financial Summary vs. Same Year-Ago Period
Revenue of $6.07 million vs. $10.27 million.
Gross margin of 36.6% vs. 63.3%.
Income (loss) from operations of ($13.31) million vs. $1.35 million.
Net income (loss) of ($14.82) million vs. $105.7 thousand.
Earnings (loss) per share of ($1.35) vs. $0.01.
EBITDA (loss), a non-GAAP financial measure, was ($13.28) million vs. $1.68 million.
Adjusted EBITDA (loss), a non-GAAP financial measure, was $(4.48) million vs. $2.79 million.
2025 Financial Summary vs. Same Year-Ago Period
Revenue of $30.38 million vs. $34.83 million.
Gross margin of 66.8% vs. 67.9%.
Income (loss) from operations of ($8.46) million vs. $5.80 million.
Net income (loss) of ($12.34) million vs. $2.12 million.
Earnings (loss) per share of ($1.27) vs. $0.28.
EBITDA (loss), a non-GAAP financial measure, was ($6.19) million vs. $6.46 million.
Adjusted EBITDA, a non-GAAP financial measure, was $800 thousand vs. $7.35 million.
Fourth Quarter and Full Year 2025 Financial Results
Revenue in the fourth quarter of 2025 was $6.07 million compared to $10.27 million in the fourth quarter of 2024, due to the termination of the license of $2.9 million. For the full year 2025, revenue was $30.38 million compared to $34.83 million in 2024, due to the termination of license agreement of $2.9 million.
Gross margin in the fourth quarter of 2025 was 36.6% compared to 63.3% in the fourth quarter of 2024 due to the termination of license agreement of $2.9 million and a write off of obsolete inventory of $1.04 million. Without those two items, gross margin would have been 68.8%. For the full year 2025, gross margin was 66.8% compared to 67.9% in 2024.
Operating expenses in the fourth quarter of 2025 were $15.53 million compared to $5.14 million in the fourth quarter of 2024. This is largely due to one-time items of an allowance for bad debt of $6.66 million and the write off of prepaid media credits of $0.9 million. Without those two items, operating expenses would have been $8.00 million. For the full year 2025, operating expenses were $28.76 million compared to $17.84 million in 2024, which is also due to the above-mentioned one-time items. Without those two items, operating expenses would have been $21.24 million.
Income (loss) from operations for the fourth quarter of 2025 was ($13.31) million compared to $1.35 million in the fourth quarter of 2024. This is largely due to one-time items of allowance for bad debt of $6.66 million, termination of license agreement of $2.9 million, write off of obsolete inventory of $1.04 million and write off of prepaid media credits of $0.9 million. Without those one-time items, loss from operations would have been $(1.85) million. For the full year 2025, income (loss) from operations was ($8.46) million compared to $5.80 million in 2024, which is also due to the items listed above. Without those one-time items, the full year income from operations would have been $3.0 million.
Net income (loss) in the fourth quarter of 2025 was ($14.82) million compared to net income of $105.7 thousand in the fourth quarter of 2024. This is largely due to one-time items of allowance for bad debt of $6.66 million, termination of license agreement of $2.9 million, write off of obsolete inventory of $1.04 million and write off of prepaid media credits of $0.9 million. Without those one-time items, net loss would have been $(3.35) million. For the full year 2025, net income (loss) was ($12.34) million compared to $2.12 million in 2024, which is also due to the items listed above offset by a gain on the settlement of notes payable of $2.15 million. Without those one-time items, the full year net loss would have been $(3.03) million.
Earnings (loss) per share in the fourth quarter of 2025 was ($1.35) compared to $0.01 in the fourth quarter of 2024. For the full year 2025, earnings (loss) per share was ($1.27) compared to $0.28 in 2024.
EBITDA (loss) (a non-GAAP financial measure) in the fourth quarter of 2025 was ($13.28) million compared to $1.68 million in the fourth quarter of 2024. For the full year 2025, EBITDA (loss) was ($6.19) million compared to $6.46 million in 2024.
Adjusted EBITDA (loss) (a non-GAAP financial measure) in the fourth quarter of 2025 was $(4.48) million compared to $2.79 million in the fourth quarter of 2024. For the full year 2025, Adjusted EBITDA was $800 thousand compared to $7.35 million in 2024.
Balance Sheet and Cash Flow
As of December 31, 2025, Synergy had approximately $2.6 million in cash and cash equivalents, compared to $687.9 thousand in cash and cash equivalents as of December 31, 2024.
As of December 31, 2025, Synergy had a working capital surplus of $1.78 million, compared to a $1.12 million working capital deficit as of December 31, 2024.
As of December 31, 2025, Synergy had $3.7 million in inventory, compared to $1.7 million in inventory as of December 31, 2024.
Cash used in operating activities for the twelve months ended December 31, 2025 was $2.6 million compared to cash used in operating activities of $4.8 million for the twelve months ended December 31, 2024.
Non-GAAP Financial Measure Reconciliation: EBITDA and Adjusted EBITDA
To assist financial statement users in an assessment of our historical performance, the Company discloses non-GAAP financial measures in press releases and on investor conference calls and related events, as the Company believes that the non-GAAP information enhances investors' overall understanding of our financial performance, and should be read in addition to, rather than instead of, the financial statements prepared in accordance with GAAP.
Management believes EBITDA and Adjusted EBITDA provide useful information to investors by excluding certain items that may not be indicative of the Company’s core operating results and that can vary significantly between periods. EBITDA is defined as net income plus interest expense, income tax expense, depreciation and amortization. Adjusted EBITDA is calculated as EBITDA plus or minus foreign exchange gains or losses, one-time expenses and non-cash expenses. Since Adjusted EBITDA is a non-GAAP financial performance measure, the Company’s calculation of Adjusted EBITDA may not be comparable to other similarly titled measures of other companies; and should not be considered in isolation, as a substitute for, or superior to measures of financial performance prepared in accordance with GAAP.
AveragePenny
3月前
$SNYR Synergy CHC Corp. Announces Fourth Quarter and Full Year 2025 Earnings and Conference Call Information
https://www.globenewswire.com/news-release/2026/03/17/3257648/0/en/Synergy-CHC-Corp-Announces-Fourth-Quarter-and-Full-Year-2025-Earnings-and-Conference-Call-Information.html
WESTBROOK, Maine, March 17, 2026 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced that it plans to release financial results for the fourth quarter and full year ended December 31, 2025, on Tuesday, March 31, 2026, before the open of market trading.
In conjunction with reporting fourth quarter and full year 2025 results, Synergy will host a conference call at 9:00 a.m. ET / 6:00 a.m. PT with the Company’s Chief Executive Officer, Jack Ross, and the Company’s Chief Financial Officer, Jaime Fickett. A live webcast of the call will be available on the Investor Relations section of Synergy’s website. To access the call by phone, please register here and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call 15 minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time on the Company’s website.
AveragePenny
4月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Expands FOCUSfactor® Functional Beverage Distribution Across Canada Through Walmart Canada and McKesson Canada
https://www.globenewswire.com/news-release/2026/01/27/3226419/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Expands-FOCUSfactor-Functional-Beverage-Distribution-Across-Canada-Through-Walmart-Canada-and-McKesson-Canada.html
WESTBROOK, Maine, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced a major expansion of its FOCUSfactor® functional beverage portfolio across Canada, building on the successful launch of FOCUSfactor’s supplement SKUs at Walmart Canada and through McKesson Canada during Q4 2025, with sell-through and consumer feedback supporting category expansion.
Beginning in April 2026, Walmart Canada will introduce four additional beverage SKUs, further deepening the brand’s presence both in-store and online channels. FOCUSfactor’s functional beverage expansion within Walmart Canada will include:
Original Orange – Available in-store and online
Berry – Available in-store and online
Rainbow Shaved Ice – Online exclusive
Pineapple Paradise– Online exclusive
The expanded assortment builds on Walmart Canada’s initial two-supplement SKU launch and reflects the retailer’s continued support of FOCUSfactor’s evolution from legacy supplements into a full cognitive-performance platform.
McKesson Canada Adds National Beverage Distribution
Synergy has also secured nationwide distribution with McKesson Canada for the FOCUSfactor functional beverage line, adding significant scale across pharmacy, wholesale, and health-focused retail channels. This announcement extends upon the supplement distribution agreement announced in July 2025 and leverages McKesson’s reach into thousands of doors across Canada. McKesson’s national rollout of the functional beverage line is scheduled to begin in April 2026, aligning with the Walmart Canada expansion.
With Walmart Canada and McKesson now carrying and distributing both FOCUSfactor supplements and functional beverages, Synergy is executing the same multi-channel retail playbook that has driven FOCUSfactor’s long-term success in the United States. In the U.S., leading blue chip retailers including Costco, Amazon, Walmart, BJ’s and others have built strong supplement partnerships with FOCUSfactor; Canada is now following that same progression as retailers adopt supplements first and then expand into the growing functional beverage line.
“This is a major milestone for FOCUSfactor as we extend our cognitive performance platform deeper into the Canadian market,” said Jack Ross, CEO of Synergy CHC Corp. “Walmart Canada’s expanded assortment and McKesson’s national authorization further validate consumer demand for functional beverages that deliver clean energy, focus and mental clarity without the crash associated with traditional energy drinks.”
Synergy expects to share additional Canadian and U.S. distribution updates throughout 2026 as momentum continues across both the supplement and functional beverage categories.
AveragePenny
5月前
FOCUSfactor® Beverage Emerges as a Growth Catalyst for Synergy CHC Corp. (NASDAQ: $SNYR) — Alongside $CYCN, $AZI, $EVTV, $RDZN See Why
https://thestreetreports.com/focusfactor-beverage-emerges-as-a-growth-catalyst-for-synergy-chc-corp-nasdaq-snyr-alongside-cycn-azi-evtv-rdzn-see-why/
Synergy CHC Corp. (NASDAQ: SNYR) is gaining renewed investor attention as its FOCUSfactor® functional beverage platform scales rapidly through the Company’s already-established retail ecosystem—built on the strength of its 25-year FOCUSfactor® brain health supplement legacy. By leveraging long-standing national distribution relationships, Synergy is accelerating beverage adoption without the execution risk typically associated with launching a new consumer brand.
This beverage expansion underpins Roth Capital Partners’ Buy rating and 12-month $7 price target on SNYR. Roth projects revenues could grow from approximately $35.4 million in 2025 to nearly $55 million in 2026, driven largely by beverage penetration layered onto Synergy’s existing retail and wholesale channels.
Alongside SNYR, Small-Cap Stocks to Watch Now include Cyclerion Therapeutics (NASDAQ: CYCN), Autozi Technology (NASDAQ: AZI), Envirotech Vehicles (NASDAQ: EVTV), and Roadzen Inc. (NASDAQ: RDZN), all active in recent trading sessions.
Analysts highlight Synergy’s expanding retail footprint as a key growth driver, underscored by the rollout of FOCUSfactor® beverages across major national partners including Costco (NASDAQ: COST), Walmart (NYSE: WMT), Amazon (NASDAQ: AMZN), BJ’s Wholesale Club (NYSE: BJ), Walgreens Boots Alliance (NASDAQ: WBA), Kroger (NYSE: KR), ShopRite (OTC: SRHGF), PriceSmart (NASDAQ: PSMT), and more than 1,600 EG America convenience locations. International expansion continues across North America, Europe, and the Middle East, further extending brand reach.
While Roth noted that third-quarter 2025 results reflected temporary constraints, the firm emphasized that Synergy’s recent $4 million equity raise strengthened the balance sheet, positioning the Company for a new phase of growth acceleration in 2026. Gross margins remain strong at approximately 70%, and Synergy has now delivered 11 consecutive positive quarters, underscoring operating discipline and scalability. See Complete Roth Capital Report.
Roth’s $7 valuation is based on a 6.2x EV/EBITDA multiple applied to projected 2027 results, reflecting the potential for meaningful shareholder value creation as Synergy scales its functional beverage business and capitalizes on rising consumer demand for brain health, focus, and functional energy products.
With capital in place, expanding retail partnerships, and favorable consumer trends, analysts believe SyNR (NASDAQ: SNYR) is positioned for a potential breakout year in 2026 as sales momentum accelerates across all channels.
AveragePenny
6月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Appoints Pedro Colmenares as Director of Sales & Marketing for Mexico & Latin America
https://www.globenewswire.com/news-release/2025/12/16/3206186/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Appoints-Pedro-Colmenares-as-Director-of-Sales-Marketing-for-Mexico-Latin-America.html
WESTBROOK, Maine, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced that Pedro Colmenares has been appointed Director of Sales & Marketing for Mexico & Latin America. In this role, Mr. Colmenares will lead commercial strategy, market expansion, and go-to-market execution across the region.
Mr. Colmenares joins the Company at a pivotal time as it advances its international growth strategy. As announced in May 2025, Synergy established a wholly owned subsidiary in Mexico and has begun its initial market entry through shipments of its supplement products to Costco Mexico this week. As Director of Sales and Marketing for Mexico and Latin America, he will play a central role in executing this strategy and driving growth across both the Company’s supplement and functional beverage portfolios, building a scalable commercial foundation to support long-term growth.
“We’re excited to welcome Pedro to the Synergy team as we accelerate our expansion in Mexico and the broader Latin American market,” said Jack Ross, CEO of Synergy CHC Corp. “He brings deep regional expertise and a proven ability to build scalable commercial platforms from the ground up. His experience launching operations, developing distribution networks, and driving sustainable growth across Latin America will be instrumental as we establish and expand our presence in these high-potential markets.”
Mr. Colmenares is a senior commercial executive with over 18 years of experience across the pharmaceutical, nutraceutical, OTC, and consumer health sectors. He has successfully led market entry and expansion initiatives throughout Mexico and Latin America, consistently transforming underdeveloped markets into high-performing, sustainable businesses. His background includes leadership roles at Procter & Gamble and Victus/Megalabs, where he built scaled regional sales, marketing, and distribution platforms through strategic partnerships and omnichannel execution.
Throughout his career, Mr. Colmenares has launched and developed operations in multiple countries across Latin America, driving accelerated growth through disciplined go-to-market strategies, localized brand development, and strong retailer and supplier relationships. His experience spans both multinational and regional organizations, providing a deep understanding of the operational and cultural dynamics required to scale consumer health brands in the region.
Pedro Colmenares commented: “I’m excited to join Synergy at such an important stage in the Company’s expansion. Synergy’s flagship FOCUSfactor brand, combined with its commitment to disciplined growth and local execution, presents a compelling opportunity. I look forward to building strong partnerships and helping drive meaningful, sustainable growth across Mexico and Latin America.”
AveragePenny
6月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Expands FOCUSfactor Functional Beverage Distribution with Three New Direct Store Delivery Partners Across Maine and Pennsylvania
https://www.globenewswire.com/news-release/2025/12/15/3205377/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Expands-FOCUSfactor-Functional-Beverage-Distribution-with-Three-New-Direct-Store-Delivery-Partners-Across-Maine-and-Pennsylvania.html
WESTBROOK, Maine, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced new Direct Store Delivery (DSD) partnerships with Pine State Beverage, Fuhrer Beverage Company, and Banko Beverage Co. The agreements expand retail distribution of the Company’s FOCUSfactor Focus + Energy Ready-to-Drink (RTD) functional beverages and Focus + Energy brain-health shots across Maine and Pennsylvania.
Consistent with Synergy’s strategy of building a comprehensive nationwide DSD footprint, these new partnerships further strengthen the Company’s distribution coverage and reinforce the strong early traction of the FOCUSfactor RTD portfolio.
“As we continue executing on our plan to establish a complete DSD network covering all 50 states, we are excited to welcome Pine State Beverage, Fuhrer Beverage and Banko Beverage to our growing roster of DSD partners,” said Jack Ross, CEO of Synergy CHC Corp. “Each of these distributors brings deep market expertise, longstanding retailer relationships, and exceptional operational capabilities. Their support will accelerate FOCUSfactor’s expansion and ensure best-in-class execution across key regions in the Northeast.”
All distributors are authorized to sell the full FOCUSfactor RTD portfolio – including both the Focus + Energy drinks and the Focus + Energy brain-health shots – across their respective states (excluding the Club channel).
Pine State Beverage - Maine
Founded in 1941, Pine State Beverage is the leading independent beverage distributor in Maine, known for exceptional service, broad product expertise, and strong relationships across grocery, convenience, specialty retail, and on-premise channels. With a long history of representing innovative and premium brands, Pine State Beverage will distribute the entire FOCUSfactor RTD portfolio across Maine.
Fuhrer Beverage Company - Pennsylvania
Headquarters in Pittsburgh and founded in 1982, Fuhrer Beverage Company is one of the largest wholesale beverage distributors in Pennsylvania. The Company services a wide range of retail channels and is recognized for its extensive network, high service standards, and strong retail execution capabilities. Fuhrer Beverage Company will distribute all FOCUSfactor Focus + Energy drinks and brain-health shots throughout its assigned Pennsylvania counties.
Banko Beverage Co. - Pennsylvania
Established in 1933 and based in Allentown, Banko Beverage Co. is a family-owned distributor with a long-standing reputation for excellence across the Lehigh Valley and surrounding regions. Known for its commitment to quality and service, operational reliability, and collaborative partnerships with retailers, Banko Beverage Co. will distribute the full FOCUSfactor RTD beverage and shot lineup across its assigned Pennsylvania counties.
Continued Momentum in Nationwide Rollout
These new agreements represent another significant step forward in Synergy’s disciplined plan to build a complete national DSD network. With new coverage added across Maine and Pennsylvania, the Company is strengthening its retail footprint and accelerating the growth trajectory of the FOCUSfactor functional beverage platform. With strong early performance across all launch regions, the Company expects to announce additional distribution partners, retail placements and market expansions in the coming weeks.
AveragePenny
7月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Adds Five New Direct Store Delivery Partners, Expanding FOCUSfactor Functional Beverage Distribution to Ten States Nationwide
https://www.globenewswire.com/news-release/2025/11/18/3189946/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Adds-Five-New-Direct-Store-Delivery-Partners-Expanding-FOCUSfactor-Functional-Beverage-Distribution-to-Ten-States-Nationwide.html
WESTBROOK, Maine, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced the addition of five new Direct Store Delivery (DSD) partners, expanding retail distribution of its FOCUSfactor Focus + Energy Ready-to-Drink (RTD) functional beverages across Alaska, New York, Wisconsin, Virginia and Pennsylvania.
With these new partnerships, Synergy has now established DSD coverage in ten of 50 U.S. states, representing one-fifth of the country within the first six weeks of launch. This milestone reflects the Company’s strategy of rapidly building a coast-to-coast DSD network to support long-term national expansion.
“Consistent with Synergy’s approach to building a comprehensive DSD network across all 50 states, we are thrilled to add five more partners and bring our total to ten states covered,” said Jack Ross, CEO of Synergy CHC Corp. “Each of these distributors brings operational excellence, strong retail relationships and proven routes to market, accelerating FOCUSfactor’s momentum in the rapidly growing functional beverage category.”
New DSD Partners Expanding FOCUSfactor RTD Beverage Distribution Nationwide
All five distributors are authorized to sell the full FOCUSfactor RTD portfolio – including both the Focus + Energy drinks and the Focus + Energy brain-health shots – across their respective states (excluding the Club channel).
Three New Partners from The Sheehan Family Companies
Synergy has secured three new statewide distribution agreements with divisions of The Sheehan Family Companies, a fifth-generation distribution network operating since 1898 and recognized as one of the most established beverage wholesalers in the country. These partnerships significantly expand FOCUSfactor’s reach across New York, Wisconsin and Virginia.
Craft Beer Guild – New York
Founded in 2013, Craft Beer Guild partners with breweries, wineries, distilleries and emerging beverage brands to scale through consultative sales, strategic marketing and efficient delivery. Combining The Sheehan Family Companies’ resources with deep local expertise, Craft Beer Guild will distribute the full FOCUSfactor RTD portfolio throughout New York.
Beechwood Distributors - Wisconsin
Established in 1987, Beechwood Distributors has grown into one of Wisconsin’s premier wholesalers for premium and innovative beverages. Leveraging strong retail relationships and execution capabilities across the state, Beechwood will distribute FOCUSfactor’s Focus + Energy drinks and shots statewide.
Specialty Beverage - Virginia
Operating since 2013, Specialty Beverage provides curated, premium-focused distribution throughout Virginia. With a reputation for exceptional service and strong retailer partnerships, Specialty Beverage will distribute the complete FOCUSfactor RTD line throughout the state.
Bill’s Distributing – Alaska
Synergy has partnered with Bill’s Distributing, a family-owned food and beverage distributor based in Anchorage, Alaska, founded in 1983. With a mission to build premium brands in the Alaskan marketplace, Bill’s Distributing is known for strong retailer relationships and best-in-class service. The company will distribute FOCUSfactor beverages and shots statewide across a broad range of retail channels.
Mid-State Beverage Co. – Pennsylvania
Synergy has also partnered with Mid-State Beverage Co., a family-owned and operated wholesaler founded in 1970. As North Central Pennsylvania’s premier beverage distributor, Mid-State is recognized for consistency, customer service and community involvement. Mid-State will distribute FOCUSfactor Focus + Energy drinks and shots statewide.
Continued Momentum in Nationwide Rollout
These five new agreements mark a significant step forward in Synergy’s disciplined plan to establish a 50-state DSD footprint. With distribution now secured in ten states and strong early performance across all launch regions, the Company expects to announce additional new partners, retail placements and market expansions in the coming weeks.
AveragePenny
7月前
$SNYR Synergy CHC Corp. Reports Third Quarter 2025 Financial Results and its Eleventh Consecutive Quarter of Profitability
https://www.globenewswire.com/news-release/2025/11/13/3187276/0/en/Synergy-CHC-Corp-Reports-Third-Quarter-2025-Financial-Results-and-its-Eleventh-Consecutive-Quarter-of-Profitability.html
WESTBROOK, Maine, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, is announcing its financial results for the three months ended September 30, 2025.
“We are pleased to report our 11th quarter of profitability and double-digit revenue growth, accompanied by over 300 basis points of gross margin expansion,” said Jack Ross, CEO of Synergy CHC Corp. “We made meaningful progress across our strategic priorities by expanding retail authorizations and distribution partnerships for our FOCUSfactor functional beverages and shots. Key partnerships with leading retailers, including Kroger and Wakefern, are strengthening our reach across North America. Additionally, we completed a $4.4 million public offering in August, providing us with added working capital to support continued growth and brand expansion. With this added flexibility, along with our retail and distribution efforts, we’re well positioned for growth in the fourth quarter and beyond, which we believe will create meaningful value for our shareholders.”
Third Quarter 2025 Financial Summary vs. Same Year-Ago Period
Revenue of $8.0 million vs. $7.1 million.
Gross margin of 70.9% vs. 67.2%.
Income from operations of $1.28 million vs. $1.05 million.
Net income of $125.3 thousand vs. $783.6 thousand.
Earnings per share of $0.01 vs. $0.11.
EBITDA, a non-GAAP financial measure, was $1.31 million vs. $1.33 million.
Adjusted EBITDA, a non-GAAP financial measure, was $1.52 million vs. $1.34 million.
Adjusted EBITDA per share, a non-GAAP financial measure, was $0.15 vs. $0.18.
Recent Business Highlights
Synergy recently announced multiple new retail and distribution wins for its FOCUSfactor supplements and beverages, including placements with Kroger and Wakefern, along with regional partnerships with EG America, AlaBev and Atlantic Importing. These agreements expand FOCUSfactor’s U.S. footprint across grocery, pharmacy and convenience channels.
On August 27, 2025, Synergy announced the completion of its $4.4 million underwritten public offering of common stock, providing additional working capital to support continued growth initiatives.
On September 22, 2025, Synergy appointed former Costco executive Teresa Thompson to the Board of Directors, strengthening the Company’s retail and consumer health expertise.
During the third quarter, the Company reduced outstanding liabilities by $3.3 million.
Subsequent to quarter end, Synergy announced that FOCUSfactor was named the #1 Pharmacist Recommended OTC Memory Supplement for 2025-2026 by Pharmacy Times, underscoring the brand’s category leadership and continued consumer and professional trust.
Third Quarter 2025 Financial Results
Revenue in the third quarter of 2025 was $8.0 million, up 12.4% compared to $7.1 million in the third quarter of 2024.
Gross margin in the third quarter of 2025 was 70.9% compared to 67.2% in the third quarter of 2024. The increase was largely driven by a favorable shift in product mix.
Operating expenses in the third quarter of 2025 were $4.4 million, up 17.7% compared to $3.7 million in the third quarter of 2024. The increase was primarily driven by incremental costs associated with being a public company and the added costs of launching the Company’s beverage division.
Income from operations for the third quarter of 2025 was $1.28 million, up 21.8% compared to $1.05 million in the third quarter of 2024. The increase in operating income was due to the improvement in gross margin.
Net income in the third quarter of 2025 was $125.3 thousand compared to net income of $783.6 thousand in the third quarter of 2024.
Earnings per share in the third quarter of 2025 was $0.01 compared to $0.11 in the third quarter of 2024.
EBITDA (a non-GAAP financial measure) in the third quarter of 2025 was $1.31 million compared to $1.33 million in the third quarter of 2024.
Adjusted EBITDA (a non-GAAP financial measure) in the third quarter of 2025 was $1.52 million, up 13.4% compared to $1.34 million in the third quarter of 2024.
Adjusted EBITDA per share (a non-GAAP financial measure) in the third quarter was $0.15 compared to $0.18 in the third quarter of 2024.
Balance Sheet and Cash Flow
As of September 30, 2025, Synergy had approximately $1.0 million in cash and cash equivalents, compared to $687.9 thousand in cash and cash equivalents as of December 31, 2024.
As of September 30, 2025, Synergy had a working capital surplus of $16.68 million, compared to a $1.12 million working capital deficit as of December 31, 2024.
As of September 30, 2025, Synergy had $2.1 million in inventory, compared to $1.7 million in inventory as of December 31, 2024.
Cash used in operating activities for the nine months ended September 30, 2025 was $3.21 million compared to cash used in operating activities of $1.38 million for the nine months ended September 30, 2024. The increase was primarily attributable to a reduction in the Company’s liabilities and higher inventory investment to launch its beverage division.
Non-GAAP Financial Measure Reconciliation: EBITDA and Adjusted EBITDA
To assist financial statement users in an assessment of our historical performance, the Company discloses non-GAAP financial measures in press releases and on investor conference calls and related events, as the Company believes that the non-GAAP information enhances investors' overall understanding of our financial performance, and should be read in addition to, rather than instead of, the financial statements prepared in accordance with GAAP.
Management believes EBITDA and Adjusted EBITDA provide useful information to investors by excluding certain items that may not be indicative of the Company’s core operating results and that can vary significantly between periods. EBITDA is defined as net income plus interest expense, income tax expense, depreciation and amortization. Adjusted EBITDA is calculated as EBITDA plus or minus foreign exchange gains or losses and non-cash expenses.
AveragePenny
7月前
$SNYR SYNERGY CHC (NASDAQ:SNYR) Featured on “New to The Street” - Bloomberg Television, Saturday, November 1st at 6:30 PM ET
https://www.accessnewswire.com/newsroom/en/publishing-and-media/synergy-chc-nasdaq-snyr-featured-on-%E2%80%9Cnew-to-the-street%E2%80%9D-bloomberg-television-s-1093546#
NEW YORK CITY, NEW YORK / ACCESS Newswire / October 30, 2025 / New to The Street, the nationally televised business program, announces that Synergy CHC Corp. (NASDAQ:SNYR) will be the featured company and main interview on Bloomberg Television as part of the upcoming "New to The Street" broadcast airing Saturday, November 1st at 6:30 PM ET as sponsored programming.
The episode spotlights Synergy CHC's leadership team, who share insights on the company's continued growth, innovative marketing, and expanding retail footprint for its flagship Focus Factor® brand and related consumer wellness products. Viewers will gain a deeper understanding of Synergy's position in the growing health and performance supplement market and its strategic roadmap for future expansion.
Filmed at the New York Stock Exchange, the segment will also air across New to The Street's rapidly growing digital network, including YouTube (3.5M+ subscribers), LinkedIn, X (Twitter), Facebook, and Instagram.
AveragePenny
8月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Announces FOCUSfactor® Named #1 Pharmacist Recommended OTC Memory Supplement for 2025-2026
https://www.globenewswire.com/news-release/2025/10/27/3174495/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Announces-FOCUSfactor-Named-1-Pharmacist-Recommended-OTC-Memory-Supplement-for-2025-2026.html
Pharmacy Times Annual Survey Recognizes FOCUSfactor as the Leading Pharmacist-Recommended Brand in the Memory-Support Category
WESTBROOK, Maine, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR), a leading consumer health and wellness company, today announced that its flagship brain-health supplement brand, FOCUSfactor®, has been recognized as the #1 Pharmacist Recommended OTC Memory Supplement for 2025-2026, according to the latest Pharmacy Times survey of pharmacists’ over-the-counter (OTC) recommendations.
According to the survey, which measures the brands that are most often recommended by U.S. pharmacists across leading OTC categories, FOCUSfactor® secured the top position in the Memory Support category for the upcoming year.
“Being named the #1 pharmacist-recommended memory support brand in the 2025-2026 Pharmacy Times survey is a tremendous endorsement of FOCUSfactor’s long-standing commitment to brain-health science and consumer trust,” said Jack Ross, CEO of Synergy CHC Corp. “This honor underscores the confidence pharmacists place in our brand and our mission to deliver meaningful cognitive-support solutions to consumers.”
With over 20 years of category leadership, FOCUSfactor® has built a reputation for clinically-studied formulations aimed at improving memory, focus, and cognitive clarity. This latest recognition aligns with Synergy’s strategic focus on expanding its brain-health and functional-wellness offerings across pharmacy, mass retail, e-commerce, and international channels.
The list of all categories and complete results can be found at Pharmacy Times’ OTC Guide® here.
AveragePenny
8月前
$SNYR Synergy CHC (NASDAQ: SNYR) Deepens FOCUSfactor® Expansion with Kroger, PriceSmart & Wakefern — Strengthening U.S., Canada, and Global Reach
https://www.globenewswire.com/news-release/2025/10/22/3171046/0/en/Synergy-CHC-NASDAQ-SNYR-Deepens-FOCUSfactor-Expansion-with-Kroger-PriceSmart-Wakefern-Strengthening-U-S-Canada-and-Global-Reach.html
WESTBROOK, Maine, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR), a leading consumer health and wellness company, today announced a series of major retail authorizations and distribution partnerships across the United States, Canada, and international markets. The expansion marks a pivotal step in scaling FOCUSfactor® supplements and FOCUSfactor® Focus + Energy functional beverages, aligning with growing consumer demand for clean energy drinks, brain health products, and cognitive performance support.
United States: Kroger and Wakefern Drive Nationwide Expansion
In the U.S. supplements category, Kroger—one of America’s largest supermarket chains with nearly 2,800 stores in 35 states—will launch three FOCUSfactor® SKUs across 1,600 locations, beginning April 2026. This rollout positions FOCUSfactor® as a category leader in cognitive health and brain support supplements available to millions of consumers nationwide.
In the functional beverage segment, Wakefern Food Corp., the largest retailer-owned cooperative in the U.S. and parent to ShopRite and The Fresh Grocer, will introduce five FOCUSfactor® Focus + Energy SKUs across 365 retail locations. Additional U.S. beverage distribution wins include:
Velocity — 3 SKUs in 75 locations
RL Jordan Oil — 2 SKUs in 41 locations
Seasons Cobia — 3 SKUs in 110 locations
These placements advance Synergy’s national beverage rollout strategy and expand FOCUSfactor’s presence in the fast-growing functional beverage market, where consumer demand for mental focus, clean energy, and sugar-free performance drinks continues to rise.
Canada: Expanding Retail Presence in Supplements and Beverages
In Canada, Uniprix, a leading Quebec-based pharmacy network, will launch FOCUSfactor® supplement SKUs across 300 stores beginning February 2026.
Meanwhile, Fortinos, a premium grocery banner under Loblaw Companies, will debut FOCUSfactor® Focus + Energy beverages across 24 locations, and Pilot Flying J will carry FOCUSfactor® beverages across 56 travel centers nationwide.
These Canadian placements represent a major milestone in Synergy’s cross-border retail expansion, strengthening visibility in both pharmacy and grocery channels.
International: PriceSmart Brings FOCUSfactor® to Latin America and the Caribbean
Furthering its international expansion, PriceSmart Inc., the largest operator of membership warehouse clubs in Central America, the Caribbean, and Colombia, will launch the FOCUSfactor® Focus + Energy 12-pack across 47 clubs in 13 countries, reaching more than 3 million members. This partnership introduces FOCUSfactor® beverages to new global markets with strong demand for functional wellness and performance-oriented consumer products.
“Securing placement with retail leaders like Kroger, Wakefern, and PriceSmart underscores the strength of our brand and validates our strategy to scale globally,” said Jack Ross, CEO of Synergy CHC Corp. “We’re building powerful retail partnerships that align with our mission to deliver clean energy, focus, and brain health solutions to consumers worldwide. Our execution momentum continues to drive sustainable growth and long-term shareholder value.”
With expansion underway across multiple continents and product categories, Synergy CHC Corp. expects to announce additional retail wins, new distribution deals, and market expansion updates in the coming months.
AveragePenny
8月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Expands FOCUSfactor® Functional Beverages Across New England Through Atlantic Importing Alliance
https://www.globenewswire.com/news-release/2025/10/20/3169300/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Expands-FOCUSfactor-Functional-Beverages-Across-New-England-Through-Atlantic-Importing-Alliance.html
WESTBROOK, Maine, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR), a leading consumer health and wellness company, today announced a strategic distribution partnership with Atlantic Importing Company, one of Southern New England’s top multi-category distributors. The agreement will expand retail availability of FOCUSfactor® Focus + Energy functional beverages and brain-health energy shots across Massachusetts, Connecticut, and Rhode Island, marking a significant milestone in Synergy’s mission to make clean energy, mental clarity, and cognitive performance products accessible to consumers throughout the Northeast.
By combining Atlantic Importing’s robust retail network with Synergy’s growing lineup of science-backed functional beverages, the partnership positions FOCUSfactor® as a front-runner in the fast-growing functional beverage and brain-health market, aligning two industry leaders committed to delivering premium, better-for-you products that meet today’s rising consumer demand for focus, energy, and wellness.
Accelerating Retail Growth in the Functional Beverage Market
The partnership strengthens Synergy CHC’s national beverage rollout strategy and marks a key step in expanding the FOCUSfactor® brand within the rapidly growing functional beverage category—a market increasingly driven by consumer demand for clean energy, mental focus, and brain-health benefits.
Through Atlantic Importing’s established retail network, Synergy will accelerate product availability in convenience stores, grocery chains, and independent retailers, enhancing consumer access to its clinically studied, nootropic-infused energy formulations that support focus and cognitive clarity without harsh stimulants.
Atlantic Importing Company: A Trusted Southern New England Distributor
Atlantic Importing Company, known for its extensive distribution of premium beverages, craft beer, and specialty products, offers deep regional expertise and trusted relationships across Southern New England. Its proven logistics and retail presence will play a pivotal role in driving FOCUSfactor’s market penetration in a region recognized for its vibrant health and wellness consumer base.
“Atlantic Importing Company is a highly respected distributor with a track record of excellence,” said Jack Ross, CEO of Synergy CHC Corp. “Their team understands consumer demand for functional, better-for-you beverages, making them an ideal partner to help expand our reach throughout the Northeast.”
Sean Siegal, Owner and President of Atlantic Importing Company, added: “We’re excited to bring FOCUSfactor® to our network of retailers. The brand fits perfectly with today’s shift toward healthier, performance-driven beverage options. We expect strong demand for these clean energy and brain-supporting products across our markets.”
Expanding the FOCUSfactor® Brand Nationwide
This agreement represents another major milestone in Synergy CHC’s Northeast expansion, following recent distribution and retail wins across North America. The company continues to target high-growth regions with partners that share its commitment to quality, innovation, and consumer wellness.
With multiple new partnerships and product launches planned for late 2025, Synergy CHC is positioned to accelerate its mission of redefining brain health and functional energy through clinically backed formulations that combine focus, clarity, and sustained performance.
AveragePenny
9月前
$SNYR Synergy CHC (NASDAQ: SNYR) Taps Former Coca-Cola Executive to Lead Strategic Partnerships; Appoints Veteran Costco Buyer to Board of Directors
https://www.globenewswire.com/news-release/2025/09/22/3153887/0/en/Synergy-CHC-NASDAQ-SNYR-Taps-Former-Coca-Cola-Executive-to-Lead-Strategic-Partnerships-Appoints-Veteran-Costco-Buyer-to-Board-of-Directors.html
Board member Scott Woodburn transitions to Head of Strategic Partnerships to accelerate FOCUSfactor Energy Drink expansion
Former Costco Buyer Teresa Thompson brings nearly 40 years of retail expertise in vitamins and supplements
WESTBROOK, Maine, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a leading consumer health and wellness company, today announced two key leadership changes: Scott Woodburn has been appointed to Head of Strategic Partnerships to drive the Company’s expansion in functional beverages, and Teresa Thompson has been appointed to Synergy’s Board of Directors (the “Board”), effective immediately. In connection with Woodburn’s new role, he has resigned from the Board. Thompson will also serve on the Audit, Compensation, and Nominating and Corporate Governance Committees, filling the positions previously held by Woodburn.
Scott Woodburn, who has served on Synergy’s Board since October 2024, brings over 30 years of executive leadership across the global beverage and consumer goods industries. A former Vice President of National and Global Accounts at Coca-Cola, he has led international brand growth, executed large-scale sales strategies, and built enduring partnerships with major retail and QSR chains. He also leads a beverage-focused consulting firm, serves as an advisor to investment bank Silverwood Partners, and most recently held the role of SVP of Sales at Fuling USA. With a proven track record scaling Fortune 500 brands, Woodburn is set to accelerate Synergy’s beverage innovation and market expansion in the rapidly growing $100B+ global energy and wellness drinks market.
“Scott’s appointment is a game-changer,” said Jack Ross, CEO of Synergy CHC Corp. “He’s scaled billion-dollar beverage brands, built elite global sales teams, and knows how to capture market share fast. His leadership will be pivotal as we grow our FOCUSfactor Energy Drink platform and compete in the high-demand better-for-you drinks space.”
New Director Appointment
Synergy has appointed Teresa Thompson to its Board of Directors, filling the vacancy created by Woodburn’s transition. Thompson is a seasoned retail executive with nearly four decades of experience at Costco Wholesale, including 29 years as a Pharmacy OTC Buyer. In that role, she oversaw the vitamins and supplements categories for Costco’s U.S. warehouses, managing vendor relationships, optimizing product assortments, and implementing strategic initiatives that enhanced the customer experience.
“Teresa brings unmatched expertise in the vitamins and supplements space, with deep knowledge of consumer health products and retail operations,” added Ross. “Her insights will be invaluable as we continue to scale the FOCUSfactor brand globally and expand our reach in wellness and functional nutrition.”
Functional Beverage Expansion Is Underway
Synergy’s entry into the functional drinks category is led by the launch of FOCUSfactor Energy Drinks, crafted with fast-acting B-vitamins and nootropics to enhance mental clarity and clean energy. These clean-label beverages align with Synergy’s flagship FOCUSfactor brain-health supplement—available in major retailers such as Costco, Walmart, Amazon, CVS, Walgreens, etc., and other top chains across the U.S., Canada, and the U.K.
“This is a rare opportunity to help shape a new leader in functional beverages,” said Scott Woodburn, Head of Strategic Partnerships at Synergy CHC Corp. “Synergy is gaining real momentum, and I’m excited to help drive scalable, long-term growth in this exciting vertical.”
AveragePenny
9月前
$SNYR Synergy CHC Corp. (NASDAQ: SNYR) Partners with AlaBev to Launch FOCUSfactor® Beverages in 5,000+ Retail Outlets Across Alabama
https://www.globenewswire.com/news-release/2025/09/17/3151706/0/en/Synergy-CHC-Corp-NASDAQ-SNYR-Partners-with-AlaBev-to-Launch-FOCUSfactor-Beverages-in-5-000-Retail-Outlets-Across-Alabama.html
WESTBROOK, Maine, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR), a leading consumer health and wellness company, today announced a strategic distribution partnership with AlaBev, one of the Southeast’s premier beverage distributors, to expand retail availability of its flagship FOCUSfactor® Focus + Energy functional beverage line and brain-health energy shots.
Under this agreement, AlaBev will distribute FOCUSfactor products to more than 5,000 grocery, convenience, and specialty retailers across Alabama, making the clinically supported cognitive performance brand widely accessible to consumers seeking clean, science-backed energy and focus solutions.
AlaBev: A Century of Distribution Strength
With nearly 120 years of experience and three strategically located warehouses, AlaBev has built a reputation as a trusted direct-store-delivery (DSD) distributor, partnering with global and emerging brands to deliver exceptional retail execution across the Southeast. By leveraging AlaBev’s long-standing retail relationships, Synergy CHC is positioned to accelerate market penetration in one of the nation’s fastest-growing wellness and functional beverage markets.
Synergy CHC Expands FOCUSfactor® Nationwide
The AlaBev partnership represents a significant milestone in Synergy’s Southeast expansion strategy, building on momentum as FOCUSfactor® beverages and shots gain traction with health-conscious consumers, athletes, and professionals seeking performance-driven brain health products. This announcement comes as functional beverages continue to outpace traditional energy drinks, driven by growing consumer demand for nootropic ingredients, natural focus boosters, and cognitive health support.
Jack Ross, CEO of Synergy CHC Corp., commented: “AlaBev is a proven distributor with deep roots in Alabama, a stellar reputation for execution, and a strong track record of scaling brands across the Southeast. Their reach and operational expertise make them an ideal partner to accelerate FOCUSfactor’s growth in this important market. This partnership ensures Alabama consumers will gain easier access to our beverages and shots designed to deliver mental clarity, sustained energy, and overall cognitive performance—benefits that align perfectly with today’s wellness-driven lifestyle.”
Michael Silinsky, CFO of AlaBev, added: “FOCUSfactor®” is a brand that stands out in the rapidly growing functional beverage category, and we’re excited to bring its unique focus-and-energy benefits to retail partners across Alabama. AlaBev’s mission has always been to connect consumers with innovative, high-quality products, and this collaboration with Synergy is a natural fit. Together, we look forward to building FOCUSfactor into a household name across our state.”
Driving Market Awareness and Shareholder Value
The new distribution agreement underscores Synergy’s commitment to expanding its functional beverage business through targeted regional partnerships that deliver brand awareness, sales growth, and shareholder value. With AlaBev’s deep market expertise and Synergy’s portfolio of science-backed wellness brands, FOCUSfactor® is well positioned for a strong debut across Alabama.
With momentum building in multiple geographies and product categories, the company expects to announce additional retail wins, new distribution deals, and market expansion updates in the months ahead.
AveragePenny
10月前
$SNYR New to The Street Launches 1,000+ Commercial TV Blitz for Synergy CHC ($SNYR), Makers of Focus Factor(R) - Adds NewsOut Video PR Coverage & NYC #1 Market Saturation
https://www.otcmarkets.com/stock/SNYR/news/New-to-The-Street-Launches-1000-Commercial-TV-Blitz-for-Synergy-CHC-SNYR-Makers-of-Focus-FactorR---Adds-NewsOut-Video-PR?e&id=3288468
NEW YORK CITY, NEW YORK / ACCESS Newswire / August 4, 2025 / New to The Street, the 16-year media powerhouse known for national financial programming and multi-platform exposure, announces the official launch of a massive television commercial campaign for Synergy CHC Corp (NASDAQ:SNYR) - best known as the company behind Focus Factor®, the leading brain health supplement in the U.S.
This strategic media blitz will feature over 1,000 commercials across top national networks and local stations, bolstered by:
NYC #1 Market Penetration via regional commercial placements and bus shelter ads
NewsOut Video Press Release Coverage, including full production, distribution, and licensing
Distribution across New to The Street's YouTube channel with 3.2 million+ subscribers, one of the largest business media audiences globally
TV rotation on FOX Business, Bloomberg Television, and national lifestyle networks
Guaranteed earned media support through NewsOut's press network and ABC/NBC/CBS affiliate access
Outdoor visibility via Times Square billboards and Financial District placements (Accel Media)
"Synergy CHC and Focus Factor are household names with strong brand equity," said New to The Street Founder Vince Caruso.
"This commercial campaign - backed by our unmatched reach on broadcast, digital, social, and outdoor - puts $SNYR in front of millions weekly. With NewsOut press releases complementing every push, this is one of the most complete visibility campaigns we've ever deployed."
This marks a new chapter for Synergy CHC ($SNYR), combining decades of product recognition with cutting-edge media distribution that guarantees measurable, predictable exposure.
For media kits, bookings, or full broadcast schedules, contact:
Grace@NewToTheStreet.com
www.NewToTheStreet.com
AveragePenny
10月前
$SNYR Synergy CHC Corp. Announces Second Quarter 2025 Earnings and Conference Call Information
https://www.globenewswire.com/news-release/2025/07/31/3125406/0/en/Synergy-CHC-Corp-Announces-Second-Quarter-2025-Earnings-and-Conference-Call-Information.html
WESTBROOK, Maine, July 31, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a fast-growing consumer health and wellness company, announced today that it plans to release financial results for the second quarter ended June 30, 2025, on Thursday, August 14, 2025, before the open of market trading.
In conjunction with reporting second quarter 2025 results, Synergy will host a conference call at 9:00 a.m. ET / 6:00 a.m. PT with the Company’s Chief Executive Officer, Jack Ross, and the Company’s Chief Financial Officer, Jaime Fickett. A live webcast of the call will be available on the Investor Relations section of Synergy’s website. To access the call by phone, please register here and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call 15 minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time on the Company’s website.
AveragePenny
1年前
$SNYR Synergy CHC (NASDAQ: SNYR) Taps Former Coca-Cola Executive to Help Drive FOCUSfactor Energy Drink Global Expansion
https://www.globenewswire.com/news-release/2025/06/10/3096549/0/en/Synergy-CHC-NASDAQ-SNYR-Taps-Former-Coca-Cola-Executive-to-Help-Drive-FOCUSfactor-Energy-Drink-Global-Expansion.html
WESTBROOK, Maine, June 10, 2025 (GLOBE NEWSWIRE) -- Synergy CHC Corp. (NASDAQ: SNYR) (“Synergy” or the “Company”), a fast-growing consumer health and wellness company, announced today that Damian Marano has been named Vice President of Beverage, effective immediately. This appointment marks a major milestone in the Company’s aggressive push into the booming functional beverage market.
“We’re excited to welcome Damian to Synergy’s executive leadership team,” said Jack Ross, CEO of Synergy CHC Corp. “Damian’s deep expertise in beverage, CPG, and technology-enabled growth adds another high-caliber industry veteran to further guide our beverage business through its next phase. His proven track record with global brands and high-growth startups aligns perfectly with our strategic priorities, and his leadership will be pivotal as we grow our FOCUSfactor Energy Drink platform and compete in the high-demand better-for-you drinks space.”
Marano brings over 20 years of sales, business development, and executive leadership experience in the beverage and consumer goods industries, most notably at The Coca-Cola Company, where he served in multiple high-impact roles. As Global Director of Sales and Business Development at Coca-Cola, Marano led a $200M ARR portfolio and spearheaded Coca-Cola’s first AI-powered Revenue Growth Management system. He also pioneered the launch of the company’s VOICE AI solution for restaurant partners, enhancing engagement and operational efficiency. Earlier at Coca-Cola, Marano held the role of Vice President of National Sales, where he secured over $2B in annual renewals and helped integrate early-stage digital tools to modernize commercial operations. His data-driven strategies, pricing innovation, and customer-first approach shaped key national initiatives.
In addition to his tenure at Coca-Cola, Marano served as Vice President of Sales Operations at Cypre, where he developed the company’s go-to-market strategy, generating $2.5M in ARR within nine months and achieving three consecutive years of profitability. He also led business development at H2O.ai, delivering a 10x increase in enterprise deal size across CPG and retail clients.
Marano is also the Founder and former General Manager of Docklight Brands, where he built the Marley wellness portfolio from concept to commercialization, scaling the brand to over 25,000 retail locations in 40+ countries and raising capital at an $80M valuation.
Functional Beverage Expansion Is Underway
Synergy’s entry into the functional drinks category is led by the launch of FOCUSfactor Energy Drinks, crafted with fast-acting B-vitamins and nootropics to enhance mental clarity and clean energy. These clean-label beverages align with Synergy’s flagship FOCUSfactor brain-health supplement—available in major retailers such as Costco, Walmart, Amazon, CVS, Walgreens, etc., and other top chains across the U.S., Canada, and the U.K.
“I’m honored to join Synergy at such a transformative time in the Company’s journey,” said Damian Marano, Vice President of Beverage. “The opportunity to build on Synergy’s trusted health brands while helping to advance innovation in the beverage space is incredibly exciting. I look forward to partnering with Jack and the leadership team to unlock long-term value and scale a compelling portfolio of functional beverages.”
Why Investors Should Watch Synergy CHC Corp. (NASDAQ: SNYR):
Synergy is leveraging FOCUSfactor’s trusted brand equity to meet global demand for cognitive-enhancing and clean-energy drinks.
Marano brings top-tier expertise in global beverage strategy, retail execution, and brand growth. He joins recently appointed Vice President of Beverage, Erik Shields, with the two working in tandem to scale the Company’s global beverage platform.
The Company is scaling rapidly across North America, the U.K., and new international markets, creating long-term value potential.
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