Healthy Choice Wellness Corp. Announces Q4 Sales Of $19.6M; FY24 Revenue Reached $69.3M

Benzinga
2025/01/06

Healthy Choice Wellness Corp. ("HCWC" or the "Company") (NYSEAM:HCWC), a holding company operating 19 natural and organic grocery stores across six states, today announced significant growth in sales and gross margin in its fourth quarter and year ended December 31, 2024 results.

Key Fourth Quarter and Full-Year 2024 Sales and Gross Margin Highlights:

  • Record Sales Growth: The Company achieved record sales of $19.6 million for the three months ended December 31, 2024, representing a 23.9% increase year-over-year. Full-year 2024 sales reached $69.3 million, a 24.5% increase compared to 2023.
  • Strong Gross Margin Performance: The Company generated approximately $7.4 million in gross profit for the fourth quarter and $26.3 million for the full year 2024. This represents a gross margin increase of approximately $1.7 million for the fourth quarter and $6.0 million for the full year.

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