Stryve Foods

Stryve Foods, Inc. engages in the manufacture, marketing, and sale of healthy snacking and food products. Its product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brand names. The company was founded on July 29, 2016 and is headquartered in Plano, TX.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Stryve Foods reports improved profitability amidst sales dip, eyes growth

Stryve Foods (SNAX) delivered a mixed performance in Q1 2024 with improved profitability despite a slight dip in net sales. The company's strategic focus on product quality, operational efficiency, and growth initiatives positions it well for future success. Challenges lie in maintaining profitability and managing cash flow while seizing opportunities presented by enhanced guidance and market positioning.

Stryve Foods (SNAX) reports robust Q2 performance and optimistic outlook

Stryve Foods (SNAX) delivered a strong performance in Q2 2024, marked by improved financial metrics and successful product strategies. While facing challenges in meeting demand, the company has opportunities for market expansion and growth. Updated guidance for FY 2024 reflects positive momentum and potential for continued success.

Stryve Foods reports robust Q3 growth, eyes profitability amid challenges

Stryve Foods demonstrated strong financial performance and strategic initiatives in Q3 2024, showing progress towards profitability and sustainable growth.
The company's focus on high-protein snacks, operational efficiency, and consumer trends positions it well for future success and market expansion.
While challenges in profitability and market competition exist, Stryve Foods' proactive approach to addressing these issues and leveraging growth opportunities bodes well for its long-term prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Stryve Foods, Inc. engages in the manufacture, marketing, and sale of snacking products. Its product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brand names. The company was founded on July 29, 2016 and is headquartered in Frisco, TX.

Stryve Foods, Inc. (NASDAQ:SNAX ) Q3 2024 Results Conference Call November 12, 2024 4:30 PM ET Company Participants Will Pugh - SVP of Accounting Christopher Boever - Chief Executive Officer Alex Hawkins - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Operator Good afternoon, everyone, and welcome to the Stryve Foods Third Quarter Fiscal 2024 Financial Results Conference Call. [Operator Instructions] This call is being recorded on Wednesday, November 13, 2024.

Stryve Foods, Inc. (SNAX) Q3 2024 Earnings Call Transcript

Stryve Foods, Inc. (SNAX) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $1.66 per share a year ago.

Stryve Foods, Inc. (SNAX) Reports Q3 Loss, Misses Revenue Estimates

36.4% Growth in Net Sales Year-over-Year Gross Profit Up 122.1% versus Prior Year $2.9M in Gross Proceeds Raised to Support Growing Demand PLANO, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and nine months ended September 30, 2024. The Company reported continued revenue growth, improved gross margins, and reduced operating expenses, highlighting the effectiveness of its transformation strategy.

Stryve Foods, Inc. Reports Fiscal 2024 Third Quarter Results

PLANO, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the closing of its previously announced public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) was sold together with two warrants each to purchase one share of Class A common stock.

Stryve Foods, Inc. Announces Closing of $2.9 Million Public Offering

PLANO, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 third quarter results on Wednesday, November 13, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EST Wednesday, November 13, 2024.

Stryve Foods, Inc. Announces Timing of Fiscal 2024 Third Quarter Results

PLANO, Texas, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the pricing of a public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) is being sold together with two warrants each to purchase one share of Class A common stock.

Stryve Foods, Inc. Announces Pricing of $2.9 Million Public Offering Priced At-Market According to Nasdaq Rules

FRISCO, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a pioneer in creating healthy and convenient protein snacks, is pleased to announce a strategic partnership with Dot Foods, North America's largest food industry redistributor (“Dot”), as well as to announce the recently received award of new distribution, chainwide, with a leading retailer which is expected to drive meaningful volume for the Company and increase the presence of its products nationwide. Dot Foods Partnership The new partnership, set to begin in November 2024, is expected to help streamline Stryve's operations, allowing for improved service levels, enhanced operational efficiencies, and optimized customer lead times.

Stryve Foods, Inc. Announces Strategic Partnership with Dot Foods and Secures Nationwide Distribution with Major Retailer

FRISCO, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a pioneer in creating healthy and convenient protein snacks, today announced new and expanded distribution wins with a range of marquee retailers, reflecting the growing consumer demand for its healthy, high-protein snack brands, including Stryve, Vacadillos, and Kalahari. This announcement follows the successful completion of a product rotation in Costco's Southeast Region during the second quarter, which contributed significantly to the Company's momentum in the club channel.

Stryve Foods, Inc. Announces New and Expanded Distribution with Leading Retailers Including BJ's Wholesale Club and Previews Preliminary Q3 2024 Select Financial Metrics

ProQR Therapeutics

BRFS, SNAX, and PCQR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 2, 2024.

Best Momentum Stocks to Buy for October 2nd

CF Industries Holdings

Monro

SimilarWeb Ltd

CF, BRFS, SNAX, MNRO and SMWB have been added to the Zacks Rank #1 (Strong Buy) List on October 2, 2024.

New Strong Buy Stocks for October 2nd

PLANO, Texas, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a pioneer in creating healthy and convenient protein snacks, announces the launch of High Steaks, an innovative brand dedicated to providing high-quality, high-protein, human-grade pet treats.

Stryve Foods Enters Pet Category with Launch of HIGH STEAKS Pet Treats

Stryve Foods, Inc. (NASDAQ:SNAX ) Q2 2024 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Luke Weil - Chairman-Andina Acquisition Corp. III Christopher Boever - Chief Executive Officer Alex Hawkins - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Operator Good afternoon, everyone. Welcome to the Stryve Foods Second Quarter Fiscal 2024 Financial Results Conference Call.

Stryve Foods, Inc. (SNAX) Q2 2024 Earnings Call Transcript

Stryve Foods, Inc. (SNAX) came out with a quarterly loss of $0.91 per share versus the Zacks Consensus Estimate of a loss of $1.39. This compares to loss of $1.66 per share a year ago.

Stryve Foods, Inc. (SNAX) Reports Q2 Loss, Tops Revenue Estimates

Stryve Foods, Inc. (Nasdaq: SNAX) Reports Q2'24 Earnings - Best Quarter Ever in Terms of Adj. EBITDA with Expanding Gross Margin and High Sequential Growth

Stryve Foods, Inc. Reports Fiscal 2024 Second Quarter Results

PLANO, Texas, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 second quarter results on Wednesday, August 14, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Wednesday, August 14, 2024.

Stryve Foods, Inc. Announces Timing of Fiscal 2024 Second Quarter Results

PLANO, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a pioneer in creating healthy and convenient protein snacks, announces today that the Board of Directors elected Kevin Vivian as the new Chairman of the Board, effective immediately. Chris Boever, CEO commented, “I would like to thank Ted Casey for his leadership and strategic contributions in his role as Chairman and as one of the founders of the business.

Stryve Foods Appoints Former Frito-Lay Executive as Chairman

Stryve Foods, Inc. (NASDAQ:SNAX ) Q1 2024 Results Conference Call May 14, 2024 4:30 PM ET Company Participants Luke Weil - Chairman-Andina Acquisition Corp. III Chris Boever - Chief Executive Officer Alex Hawkins - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Operator Good afternoon, ladies and gentlemen, and welcome to the Stryve Foods, Inc. First Quarter 2024 Earnings Call. At this time, all lines are in a listen-only mode.

Stryve Foods, Inc. (SNAX) Q1 2024 Earnings Call Transcript

Retail Sales Velocity Increasing +23.2% Year-over-Year 1 Improved Adj. EBITDA Loss by 35.2% Year-over-Year 3 Reiterating Net Sales Guidance Range of $24M to $30M PLANO, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months ended March 31, 2024.

Stryve Foods, Inc. Reports Fiscal 2024 First Quarter Results

PLANO, Texas, May 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 first quarter results on Tuesday, May 14, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Tuesday, May 14, 2024.

Stryve Foods, Inc. Announces Timing of Fiscal 2024 First Quarter Results

AppTech Corp

Ideanomics Inc

When building a stock portfolio, the most prudent strategy is typically to buy and hold shares of quality companies for the long haul. Avoiding businesses with flawed fundamentals or deteriorating financials can save you from getting stuck holding the bag on failing investments.

Don't Be Left Holding the Bag: 3 Stocks Stocks to Sell ASAP

Stryve Foods, Inc. (SNAX) Q4 2023 Earnings Call Transcript

Improved Full-Year Adj. EBITDA Loss by 52.9% Year-over-Year 3 New Stryve Brand Packaging Driving 31.7% Increase in Retail Sales Velocity Year-over-Year 1 FY 2024 Guidance Implies Growth in Net Sales of Approximately 35% to 70% PLANO, Texas, April 01, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and twelve months ended December 31, 2023.

Stryve Foods, Inc. Reports Full Year Fiscal 2023 Results

PLANO, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal year 2023 results on Monday, April 1, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Monday, April 1, 2024.

Stryve Foods, Inc. Announces Timing of Fiscal Year 2023 Results

PLANO, Texas, March 20, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a trailblazer in the protein snack industry, is thrilled to announce the launch of our exciting, groundbreaking Bitcoin (BTC) Sweepstakes – the first of its kind in the meat snack category – offering participants the chance to win one of five prizes, each representing $1,000 USD worth of the cryptocurrency, Bitcoin set to commence March 20, 2024 and conclude on June 20, 2024. NO PURCHASE NECESSARY.

Stryve and Bitcoin – BTC Sweepstakes Launches Today

PLANO, Texas, March 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a trailblazer in the protein snack industry, is thrilled to announce the Stryve brand relaunch of its innovative retail packaging, showcasing thinly sliced steak, a breakthrough in snacking options. The revamped packaging not only captivates with its enticing food photography but also emphasizes the remarkable benefits of Stryve's products, including its significantly higher protein content compared to traditional beef jerky, as well as its preservative-free and zero-sugar formula.

News for Stryve Foods Stock (SNAX)