Smart for Life 11/20/2023 Earnings Report

Smart for Life EPS Results

• Actual EPS: -$52.57
• Consensus EPS: -$80.43
• Beat/Miss: Beat by +$27.86
• One Year Ago EPS: N/A

Smart for Life Revenue Results

• Actual Revenue: $2.75 million
• Expected Revenue: $3.00 million
• Beat/Miss: Missed by -$250.00 thousand
• YoY Revenue Growth: N/A

Smart for Life Announcement Details

• Date: 11/20/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Smart for Life (NASDAQ:SMFL) (NASDAQ: SMFL) is a nutrition and weight-management company that specializes in medically formulated meal replacement and wellness programs. The company’s core offerings include portion-controlled meal kits and nutritional supplements designed to support physician-supervised weight-loss plans. These programs are tailored to meet individual dietary needs and are often prescribed by healthcare professionals to address obesity and related health conditions.

In addition to its meal replacement products, Smart for Life operates a franchise model that supports a network of branded clinics across the United States. Franchisees receive proprietary training, marketing support and access to the company’s clinical protocols, enabling them to deliver consistent, science-based programs. The company has also expanded its digital footprint, offering telehealth consultations, online coaching and e-commerce distribution to reach customers outside of its brick-and-mortar locations.

Founded in 2008 and headquartered in Montclair, New Jersey, Smart for Life has grown by focusing on the intersection of clinical nutrition and franchised healthcare delivery. Its management team draws on experience in medical dietetics, franchising operations and consumer packaged goods. While the company continues to evolve its product portfolio and service channels, it remains committed to providing structured, evidence-based weight-loss solutions for individuals and healthcare providers nationwide.