SMFL - Mergers and acquisitions

Revenue Increases 401.2% Year-Over-Year to $4.3 Million for the Second Quarter of 2022 Due to Successful Acquisition Strategy Gross Profit Margin Increases to 41.6% Versus 1.1% for the Same Period Last Year MIAMI, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (NASDAQ:SMFL) ("Smart for Life" or the "Company"), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, today provided a business update and reported financial results for the second quarter ended June 30, 2022. "We continue to generate solid year-over-year growth with revenues increasing more than four-fold to $4.3 million for the second quar

Trout Lake, WA , June 24, 2022 (GLOBE NEWSWIRE) -- Nutraceutical Insights, a nutraceutical website publishing periodic industry reports, today announced the publication of a market overview titled "Sector Opportunity: Nutraceutical Market Report," by market analyst Arthur Goldgaber of Goldgaber Research Group. The report describes the nutraceutical industry, which has experienced significant growth globally, propelled by the increasing age expectancies and associated increases in diseases of aging and lifestyle. A shift in demographics has also allowed manufacturers to benefit in recent years. The report states, "Amid the COVID-19 pandemic, the global nutraceutical market is projected to