FitLife Shares Slip With Kroger Rollout and Amazon Push in Focus
FitLife Brands fell 3.0% to $9.91 on Nasdaq Monday, with 14,588 shares traded and a market cap near $99 million. The company reported Q1 revenue up 59% to $25.3 million, but net income dropped to $1.7 million and gross margin slipped to 37.6%. Irwin Naturals’ Amazon sales reached $0.9 million in April. Two MusclePharm products are set to launch in 700–800 Kroger stores in June.