Smart for Life Announces 171% Increase in Amazon Sales and Largest Prime Day in Its History
August 11 2022 - 9:00AM
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, announced today that it has achieved a 171%
increase in Amazon sales on a year-over-year basis and its largest
sales for Amazon Prime Day across all Smart for Life products, more
than double its previous best day of Amazon revenue historically.
“We are excited to announce these record results
with Amazon, and we are extremely proud of our entire team for
making this a reality,” stated Darren Minton, Chief Executive
Officer of Smart for Life. “This established growth of our business
through online sales, including Amazon Prime, demonstrates our
ability to capitalize on meaningful drivers for organic growth.
This supports Smart for Life’s vision and commitment to bringing
our health and wellness products to new customers in the United
States and around the world as we continue expanding awareness of
our brand.”
Smart for Life achieved these record Amazon
sales for Amazon’s Prime Day initiatives this past month on July 12
-13, 2022. During the event, Smart for Life sold thousands of
protein bars, gummies, cookies and other Health & Wellness
products through Amazon, resulting in the highest ever Amazon Prime
Day sales for the Company on record. Smart for Life is also gearing
up for Amazon’s annual Fall Deal Event later this year.
"Amazon has been a fantastic sales channel for
us as we continue to hit on all cylinders with our omni-channel
marketing initiatives," continued Mr. Minton. "We are progressively
growing our sales, both organically, as well as through our
buy-and-build M&A strategy. This includes the domestic market
in the United States, as well as in Canada, Mexico and Singapore,
where we previously announced that our products were selected by
Amazon to be included in their rollout in South-East Asia. We look
forward to keeping the market apprised of our milestones and latest
developments as they occur.”
Smart for Life’s products, including protein
bars, gummies, vitamins, supplements, sports nutrition product and
weight management products, can be found on its own website at:
www.smartforlife.com, in addition to being sold through Amazon
through its Smart for Life Amazon storefront.
Furthermore, certain Smart for Life branded
products under the Doctors Scientific Organica brand, as well as
the MD Life brand are also listed on Amazon’s storefronts.
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged
in the development, marketing, manufacturing, acquisition,
operation and sale of a broad spectrum of nutritional and related
products with an emphasis on Health & Wellness. Structured as a
publicly held global holding company, the Company is executing a
buy-and-build strategy with serial accretive acquisitions creating
a vertically integrated company with an objective of aggregating
companies generating a minimum of $300 million in revenues within
the next thirty-six months. To drive growth and earnings, Smart for
Life is developing proprietary products as well as acquiring other
profitable companies, encompassing brands, manufacturing and
distribution channels. The Company currently operates five
subsidiaries including Doctors Scientific Organica, Nexus Offers,
Bonne Santé Natural Manufacturing, GSP Nutrition and Ceautamed
Worldwide. For more information about Smart for Life, please visit:
www.smartforlifecorp.com.
Video regarding the Company’s manufacturing
facility at Bonne Santé Natural Manufacturing is available at:
www.bonnesantemanufacturing.com/video.
Investor material and a Fact Sheet with
additional information about Smart for Life is available at:
www.smartforlifecorp.com/investor-center.
Forward-Looking Statements
This press release may contain information about
our views of future expectations, plans and prospects that
constitute forward-looking statements. All forward-looking
statements are based on management’s beliefs, assumptions and
expectations of Smart for Life’s future economic performance,
taking into account the information currently available to it.
These statements are not statements of historical fact. Although
Smart for Life believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained. Smart
for Life does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Smart for Life
will successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks and
uncertainties, some of which are not currently known to us, that
may cause Smart for Life’s actual results, performance or financial
condition to be materially different from the expectations of
future results, performance or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in “Risk Factors”
included in our filings with the Securities and Exchange
Commission.
Disclaimer
The information provided in this press release
is intended for general knowledge only and is not a substitute for
professional medical advice or treatment for specific medical
conditions. Always seek the advice of your physician or other
qualified health care provider with any questions you may have
regarding a medical condition. This information is not intended to
diagnose, treat, cure or prevent any disease.
Investor Relations Contact
Crescendo Communications, LLCTel: (212)
671-1021SMFL@crescendo-ir.com
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