BranchOut Food Inc/OR

Earnings data Q2 2023

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BranchOut Food, Inc. engages in the development, marketing, sale, and distribution of plant-based, dehydrated fruit, and vegetable snacks and powders. Its products include avocado chips, chewy banana bites, brussels sprouts crisps, bell pepper crisps, and pineapple chips. The company was founded by Eric Healy and David Israel on February 21, 2017 and is headquartered in Bend, OR.

BEND, 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.

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

Build out to begin immediately, with production expected to commence in the third quarter BEND, Ore., May 14, 2024 – BranchOut Food Inc.

BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins

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.

Why Is BranchOut Food (BOF) Stock Up 84% Today?

New 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.

BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized Revenue

Transaction supports Company's continued execution of its product roadmap and capital expenditures for new equipment BEND, Ore., April 17, 2024 – BranchOut Food Inc.

BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants

2023 net revenue of $2.83M, up 276% versus prioryear due to major retailer engagements      BEND, Ore., April 02, 2024 – BranchOut Food Inc.

BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024

Natural 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.

BranchOut Food to Debut New Products at Natural Products Expo West

VANCOUVER, 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.

EnWave Declares Significant Sales Wins for Royalty-Partner BranchOut Food

After 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.

BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024

BEND, 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.

BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M Annually

New 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.

PRISM MarketView Highlights BranchOut Food as Company Reaches Revenue Records

New 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.

PRISM CEO CORNER – Eric Healy, BranchOut Food – Reaching Record Revenues with Disruptive Food Technology

Shelf life testing of BranchOut snacks expected to be completed in March 2024 BEND, Ore., January 31, 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 successfully completed a part of its strategic collaboration with the U.S.

BranchOut Food Successfully Completes Part of Strategic Collaboration with U.S. Army to Revolutionize MREs with GentleDry Technology

Continued Product Line Expansion and Customer Launches Expected to Generate Strong Revenue Growth in 2024 BEND, Ore., January 22, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced preliminary gross revenue for its fourth quarter ended December 31, 2023.

BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run Rate

Disruptive food tech strategically enhances value for shareholders through new deals BEND, Ore., January 16, 2024 – BranchOut Food Inc.

BranchOut Food Launches in the Bay Area Region of the Nation's Largest Warehouse Club

Refinances existing $200,000 loan due in January 2024 and provides working capital for customer orders BEND, Ore., January 11, 2024 – BranchOut Food Inc.

BranchOut Food Closes $400,000 Senior Secured Loan

Pioneering food tech grows contracts with warehouse grocery leaders BEND, Ore., January 10, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a disruptive food technology company and producer of dehydrated fruit and vegetable-based products, has engaged PCG Advisory, Inc.

BranchOut Food Engages PCG Advisory to Expand Investment Outreach

BEND, Ore. , Oct. 4, 2023 /PRNewswire/ -- BranchOut Food Inc. (NASDAQ: BOF), a disruptive food technology company and maker of dehydrated fruit and vegetable-based products, to report Q3 Revenue of roughly $1,100,000 outpacing its Q2 revenue by 325%, and its 2022 full-year revenue of $752,178 by 50%. Q3 revenue of roughly $1,100,000 outpaces its Q2 revenue of $343,065 by 325%.

BranchOut Pre-Announces 325% Revenue Growth in Q3 Over the Previous Quarter. Q3 Beats Full-Year 2022 Revenue by Approximately 50%

Presentation on Wednesday, October 4th at 2:00 PM PT Bend, Oregon--(Newsfile Corp. - September 29, 2023) - BranchOut Food Inc. (NASDAQ: BOF), BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology., announced today that it will be presenting at the 16th annual Main Event on Wednesday, October 4th at 2:00 PM PT at the Luxe Sunset Boulevard Hotel.

BranchOut Food Inc. Announces Participation in the LD Micro Main Event XVI

BEND, Ore , Sept. 28, 2023 /PRNewswire/ -- BranchOut Foods Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural snacks and superfood ingredients, is proud to announce a significant expansion of its partnership with EnWave Corporation (TSX-V: ENW | FSE: E4U).

BranchOut Food Inc. Expands Partnership with EnWave Corporation. Increasing Manufacturing Capacity by an Additional ~$15mm Annually & Secures Additional Product Exclusivities.

DELTA, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") announced today that it has signed an Equipment Purchase Agreement (the “Agreement”) with BranchOut Foods Inc. (NASDAQ:BOF) (“BranchOut”), an international food-tech company dedicated to bringing extraordinary natural snacks and real superfood ingredients to market. BranchOut has been a licensed royalty partner of EnWave's for several years and currently operates 10kW and 60kW Radiant Energy Vacuum (“REV™”) dehydration machinery, the Company's proprietary technology, to produce a portfolio of fruit and vegetable products.

EnWave Signs Equipment Purchase Agreement with BranchOut Foods Inc. for 120kW Radiant Energy Vacuum Machine

BEND, Ore. , Aug. 8, 2023 /PRNewswire/ -- BranchOut Food Inc. (Nasdaq: BOF), a global leader in natural snacks and superfood ingredients, announces a transformative partnership with Daymon, the foremost authority in Private Brand Sales & Emerging Brand Marketing. This collaboration amplifies BranchOut Food Inc.'s private label strategy, leveraging Daymon's 700 sales professionals that work within the headquarters of 46 major retailers and that cover over 120 of the largest retailers in the nation.

BranchOut Food Inc. Partners with Daymon Worldwide to Propel Private Label Growth

BEND, Ore. , July 26, 2023 /PRNewswire/ -- BranchOut Food, Inc. (NASDAQ: BOF) is on record saying they intend to change the narrative around dehydrated food. And according to Eric Healy, BranchOut Food CEO, they leverage the exclusive technology to support that ambitious goal.

In Focus: BranchOut Food CEO Explains Why And How His Company Is Changing The Food Industry Narrative

BEND, Ore. , July 17, 2023 /PRNewswire/ -- BranchOut Food Inc. (Nasdaq: BOF) would like to address all its valued shareholders regarding the recent reduction in share price since the initial public offering (IPO). While we understand and share your disappointment, we want to reassure you that our business's fundamentals and strategic plans remain as strong as ever.

BranchOut Food Inc. Open Letter to Shareholders

BEND, Ore. , June 29, 2023 /PRNewswire/ -- BranchOut Food Inc., (Nasdaq: BOF) an international food-tech company renowned for its natural snacks and superfood ingredients, announces its primary emphasis on the private label channel as a key business strategy. While the Company will continue to support and grow its robust brand portfolio, it believes that private label offers the most advantageous path for growth and profitability.

News for BranchOut Food Inc/OR Stock (BOF)