BranchOut Food (BOF)
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BranchOut Food Inc. Secures Third EnWave Dehydration Machine; Announces $40M Production Capacity with New Peru Facility
Newsfilter· 2024-05-24 12:00
BEND, Ore., May 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the expansion of its agreement with EnWave Corporation (TSXV:ENW, FSE: E4U))). As part of this enhanced partnership, BranchOut has purchased its third large-scale EnWave dehydration machine. This addition is strategically aimed at expanding its new facility in Peru, with operations anticipated to commence in Q3, ultima ...
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate
Newsfilter· 2024-05-15 12:00
BEND, Ore., May 15, 2024 (GLOBE NEWSWIRE) -- 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. The Company reported a 1,407% increase in revenue for the first quarter ending March 31, 2024 of $1.47 million compared to $97,000 in the year ago quarter. Additionally, BranchOut Food achieved a gross margin of 19% in Q1 2024, ...
BranchOut Food (BOF) - 2024 Q1 - Quarterly Report
2024-05-14 13:15
Title or class Shares outstanding as of May 14, 2024 Common Stock, $0.001 par value 4,253,288 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Nevada 81-3980472 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such s ...
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins
Newsfilter· 2024-05-14 12:00
LIMA, 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. The Company has expanded its operations in Peru and moved to 100% vertical i ...
Why Is BranchOut Food (BOF) Stock Up 84% Today?
InvestorPlace· 2024-04-24 16:38
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. It will also see the company’s frozen fruits come to more than 1,400 stores by September 2024.BranchOut Food doesn’t name the retailer that it has signed these three contracts with. However, the company does claim that its ...
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized Revenue
Newsfilter· 2024-04-24 12:00
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. The new agreement brings the total annualized value of commitments from t ...
BranchOut Food (BOF) - 2023 Q4 - Annual Report
2024-04-01 21:14
BranchOut Food Inc. (together with its subsidiaries, the "Company," "BranchOut," "we," "our," or "us") was originally incorporated as AvoChips Inc., an Oregon corporation, on February 21, 2017. On November 2, 2017, AvoChips Inc. converted into Avochips, LLC, an Oregon limited liability company and on November 19, 2021, Avochips, LLC converted into a Nevada corporation named BranchOut Food Inc. Our Products Our Avocado Chips are real avocado slices, dehydrated using our licensed technology and process to cre ...
BranchOut Food to Debut New Products at Natural Products Expo West
Newsfilter· 2024-03-13 12:00
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 ...
BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024
Newsfilter· 2024-02-26 13:00
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., 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 Pin ...
BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M Annually
Newsfilter· 2024-02-12 13:00
BEND, 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. BranchOut has renewed its contract with the retailer for two products and entered into a new contract for two additional products. The company received a 12-month contract ext ...