Summary by Moomoo AI
On August 16, 2024, Safety Shot, Inc., a Delaware-based wellness and dietary supplement company, announced its financial results for the second quarter ended June 30, 2024, along with corporate highlights. The company reported a 40% increase in sales and a 17.7% decrease in operating expenses compared to the first quarter. These results reflect Safety Shot's commitment to enhancing stakeholder value and financial health. Additionally, the company shared promising findings from a clinical trial conducted by The Center for Applied Health Sciences, which demonstrated that Safety Shot's proprietary formula significantly reduces Blood Alcohol Content (BAC) within 30 minutes of consumption. Safety Shot is preparing to launch its formula in new 4-ounce bottles in Q3 and a powdered stick pack version in Q4. The company also announced partnerships with Capital Drugs, Mr. Checkout, GoPuff, BevMo, and others to expand nationwide availability. Safety Shot is marketed as the first patented wellness product that supports alcohol metabolism while boosting clarity, energy, and mood, and is available for purchase online and through various retailers.