News
prismmediawire.com · 5 days ago
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run RateBEND, Ore., May 15, 2024 – PRISM MediaWire – BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the first quarter ended March 31, 2024.
globenewswire.com · 5 days ago
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run RateAchieved a 1,407% revenue increase to $1.47 million in Q1 2024. Increased gross margin to 19% in Q1 2024, up from -3% last year.
prismmediawire.com · 6 days ago
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross MarginsBuild out to begin immediately, with production expected to commence in the third quarter BEND, Ore., May 14, 2024 – BranchOut Food Inc.
globenewswire.com · 6 days ago
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross MarginsLIMA, Peru, May 14, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has signed a long term lease for a 50,000 square foot production facility in Peru. Under the terms of the agreement, BranchOut Food has the first right to purchase the facility at a fixed price at any point during the 10-year term.
investorplace.com · 26 days ago
Why Is BranchOut Food (BOF) Stock Up 84% Today?BranchOut Food (NASDAQ: BOF ) stock is taking off on Wednesday after the company announced its third contract with a major retailer in the U.S. According to the company, this deal comes with a commitment of $300,000. That's enough to push BranchOut Food's annualized revenue above $8 million.
globenewswire.com · 26 days ago
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized RevenueNew commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food's dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced it has expanded its existing relationship with the nation's largest retailer.
prismmediawire.com · 26 days ago
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized RevenueNew commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food's dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 – BranchOut Food Inc.
prismmediawire.com · 1 month ago
BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and WarrantsTransaction supports Company's continued execution of its product roadmap and capital expenditures for new equipment BEND, Ore., April 17, 2024 – BranchOut Food Inc.
globenewswire.com · 1 month ago
BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and WarrantsBEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company's common stock. Each Warrant is exercisable for a ten-year period at an exercise price of $2.00 per share.
prismmediawire.com · 2 months ago
BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 20242023 net revenue of $2.83M, up 276% versus prioryear due to major retailer engagements BEND, Ore., April 02, 2024 – BranchOut Food Inc.
globenewswire.com · 2 months ago
BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024BEND, Ore., April 02, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the fourth quarter and year ended December 31, 2023. Eric Healy, CEO of BranchOut Foods, said, “We are very pleased with BranchOut Food's significant growth and accomplishments since our IPO in June 2023.
globenewswire.com · 2 months ago
BranchOut Food to Debut New Products at Natural Products Expo WestNatural Products Expo West showcases trending products for retailers stocking stores shelves nationwide BranchOut Food will launch two new products lines including Salad Toppers and Kids' Snack Packs BEND, Ore., March 13, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it will debut a brand refresh and launch two new product lines at its exhibit at the Natural Products Expo West, held in Anaheim, CA from March 13-15, 2024.
prismmediawire.com · 2 months ago
BranchOut Food to Debut New Products at Natural Products Expo WestNatural Products Expo West showcases trending products for retailers stocking stores shelves nationwide BranchOut Food will launch two new products lines including Salad Toppers and Kids' Snack Packs BEND, Ore., March 13, 2024 – BranchOut Food Inc.
globenewswire.com · 3 months ago
EnWave Declares Significant Sales Wins for Royalty-Partner BranchOut FoodVANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today announced that BranchOut Food Inc. (NASDAQ:BOF) (“BranchOut”), a royalty partner of the Company, has broadened its existing relationship with the nation's largest warehouse club following exceptional sales of its popular Pineapple Chips product in the California regions. The warehouse club retailer has now committed to two new orders valued at nearly US$900,000, scheduled for Q3 2024, placing the product again in the Northern California Region, plus seven additional states across the Southeast.
prismmediawire.com · 3 months ago
BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024After exceptional sales in the California regions, BranchOut expands into 7 more states Several additional regions now reviewing BranchOut Food's products due to exceptional sales BEND, Ore., February 26, 2024 – BranchOut Food Inc.
globenewswire.com · 3 months ago
BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024After exceptional sales in the California regions, BranchOut expands into 7 more states Several additional regions now reviewing BranchOut Food's products due to exceptional sales BEND, Ore., Feb. 26, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has broadened its existing relationship with the nation's largest warehouse club following exceptional sales of its popular Pineapple Chips product in the California regions.
prismmediawire.com · 3 months ago
BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M AnnuallyBEND, Ore., February 12, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has expanded its relationship with the nation's largest retailer. The new agreement is valued at an estimated $7.6 million annually.
globenewswire.com · 3 months ago
BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M AnnuallyBEND, Ore., Feb. 12, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has expanded its relationship with the nation's largest retailer. The new agreement is valued at an estimated $7.6 million annually.
prismmediawire.com · 3 months ago
PRISM MarketView Highlights BranchOut Food as Company Reaches Revenue RecordsNew York, N.Y. February 8, 2024 – PRISM MarketView, a leading provider of unbiased market insight and company news, today highlights BranchOut Food (NASDAQ: BOF), a pioneering food technology company with a smart growth strategy that is helping it achieve new revenue records each quarter.
prismmediawire.com · 3 months ago
PRISM CEO CORNER – Eric Healy, BranchOut Food – Reaching Record Revenues with Disruptive Food TechnologyNew York, February 7, 2024 – Consumer demand for healthier and more sustainable food options is on the rise in the US. According to the World Economic Forum, around 50% of Americans say they are actively trying to make healthy eating choices, but a culture of snacking may be getting in the way of the best intentions. This year alone, the US snack food market is valued at more than $108 billion.