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Buying a new pharmacy will allow Hims & Hers to expand into new markets.
Hims & Hers (HIMS -7.01%) recently acquired a pharmacy that will expand the company's product line and lower costs. This is the second major vertical integration for the company, and in this video Travis Hoium shows how it will continue to drive growth.
*Stock prices used were end-of-day prices of Sept. 16, 2024. The video was published on Sept. 16, 2024.
Travis Hoium has positions in Hims & Hers Health. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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