Healthy Choice Wellness's Business Segments

Healthy Choice Wellness Corp. (HCWC) is a holding company operating through wholly owned subsidiaries that manage multiple natural and organic grocery stores, including Ada’s Natural Market, Paradise Health & Nutrition, Mother Earth’s Storehouse, Green’s Natural Foods, Ellwood Thompson’s, and GreenAcres Market. These stores offer products such as fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli items, baked goods, dairy products, frozen foods, health and beauty products, and natural household items. Some locations include in-store restaurants, organic juice bars, and coffee bars. HCWC also sells vitamins, supplements, and personal care products online through its subsidiary Healthy U Wholesale at www.TheVitaminStore.com. The company was spun off from Healthier Choices Management Corp. in September 2024 and is publicly traded on the NYSE American under the ticker "HCWC." HCWC operates within the natural products retail industry, serving local communities with organic and all-natural products.

The registrant operates in two segments: Grocery and Wellness. These segments are combined into a single reportable segment in accordance with ASC 280 Segment Reporting because of their similar economic characteristics, product nature, acquisition processes, customer types, distribution methods, and regulatory environment. The Chief Operating Decision Maker reviews financial results and allocates resources at the consolidated level, as the segments operate as one integrated business unit. There were no inter-segment revenues during the period.