Synergy CHC Corp. Says Costco Will Stop Carrying FOCUSfactor

What Happened
Synergy CHC Corp. (SNYR) disclosed in a Form 8-K filed July 29, 2026 that Costco Wholesale Corporation informed the company on July 15, 2026 that Costco will discontinue carrying Synergy’s FOCUSfactor products. Costco has been a significant customer for more than 16 years and represented approximately 58% of Synergy’s net revenue for the fiscal year ended December 31, 2025. The company said it expects Costco’s decision to have a material adverse effect on its business, results of operations, liquidity and financial condition and is evaluating available financing and other strategic alternatives.

Key Details

• Costco notified Synergy on July 15, 2026 that it will stop carrying FOCUSfactor products.
• Costco accounted for ~58% of Synergy’s net revenue in fiscal 2025.
• Costco had been a significant customer for over 16 years.
• Synergy expects a material adverse effect and is evaluating financing and other strategic alternatives.

Why It Matters
This is a major customer-concentration risk being realized: losing a single customer that made up roughly six tenths of 2025 revenue can materially reduce future sales and cash flow. The company’s statement that the decision will adversely affect liquidity and financial condition means investors should watch for near-term impacts on revenue, profitability, and any new financing or restructuring plans. Monitor subsequent SEC filings and company updates for details on replacement customers, cost cuts, or capital-raising measures.