Synergy CHC ( (SNYR) ) has issued an update.
Synergy CHC Corp., now listed on NASDAQ, has announced its seventh consecutive quarter of profitability despite a revenue drop in Q3 2024 due to a rebranding of its FOCUSfactor products. The company expanded its retail partnerships, notably with BJ’s Wholesale Clubs and Publix, which has bolstered its market presence. Synergy reduced its debt and added cash from its IPO, positioning itself for growth as it enters new markets and continues to focus on brand distribution.
See more insights into SNYR stock on TipRanks’ Stock Analysis page.
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