Core Viewpoint - Stryve Foods, Inc. is set to release its fiscal 2024 third quarter results on November 13, 2024, after market close, accompanied by a conference call at 4:30 PM EST on the same day [1]. Company Overview - Stryve Foods, Inc. is a leader in the air-dried meat snack industry in the U.S., focusing on healthy snacking options that disrupt traditional consumer packaged goods categories [1][4]. - The company offers products under various brands, including Braaitime®, Kalahari®, Stryve®, and Vacadillos®, emphasizing high protein, low sugar, and health benefits [4]. - Stryve's air-dried meat snacks are made from beef and spices, contain zero grams of sugar, and are free from MSG, gluten, nitrates, nitrites, and preservatives, making them suitable for Keto and Paleo diets [4][6]. Product Distribution - Stryve distributes its products through major retail channels in North America, including grocery stores, convenience stores, mass merchants, and directly to consumers via e-commerce platforms like Amazon and Walmart [5].

Core Viewpoint - Stryve Foods, Inc. has announced a public offering of shares and warrants to raise approximately $2.9 million for working capital and general corporate purposes, with the offering priced at $0.79 per share [1][3]. Group 1: Offering Details - The public offering consists of 3,670,886 shares of Class A common stock and warrants to purchase up to 7,341,722 additional shares at a combined price of $0.79 per share [1]. - Each share is sold with two warrants, each allowing the purchase of one share of Class A common stock, with an exercise price of $0.79 per share [1]. - The offering is expected to close around November 12, 2024, pending customary closing conditions [1]. Group 2: Amendments and Agents - The company will amend existing warrants to reduce the exercise price from $54.00 to $0.79 per share, subject to stockholder approval [2]. - Roth Capital Partners and Northland Capital Markets are acting as co-placement agents for the offering [2]. Group 3: Use of Proceeds - The gross proceeds from the offering are anticipated to be $2.9 million before deducting fees and expenses, which will be used for working capital and general corporate purposes [3]. Group 4: Company Overview - Stryve Foods is a leader in the air-dried meat snack industry in the U.S., offering products that are high in protein and low in sugar, marketed under various brand names [6]. - The company aims to disrupt traditional snacking categories with its healthy products, which are free from sugar, gluten, and preservatives, making them suitable for Keto and Paleo diets [6][8]. - Stryve distributes its products through major retail channels and directly to consumers via e-commerce platforms [7].

Core Viewpoint - Stryve Foods, Inc. has announced a strategic partnership with Dot Foods to enhance its distribution capabilities and has secured a major new retail distribution agreement with a leading national retailer, expected to significantly increase product availability across the United States [1][5]. Dot Foods Partnership - The partnership with Dot Foods, starting in November 2024, aims to streamline Stryve's operations, improve service levels, and enhance operational efficiencies [2]. - Dot Foods' extensive logistics network will enable Stryve to meet growing consumer demand for its brands, including Stryve, Vacadillos, and Kalahari, by improving in-store availability [3]. - The CEO of Stryve Foods expressed enthusiasm about the partnership, highlighting its potential to enhance service to retail partners and drive efficiencies [4]. Major Distribution Award with Leading National Retailer - Stryve Foods has secured significant new retail distribution that will place its products in thousands of new locations across the U.S. in the first quarter of 2025 [5]. - The meat snack category is experiencing growth, with increasing consumer demand for high-protein, low-sugar, and convenient snacks [5]. - The CEO noted that the combination of the Dot Foods partnership and the new retail distribution represents a milestone for Stryve, enhancing brand availability nationwide [6]. Company Commitment and Future Plans - The addition of Dot Foods to Stryve's distribution network underscores the company's commitment to providing high-quality snacks to health-conscious consumers [8]. - Stryve remains focused on expanding its retail presence and operational efficiencies while delivering value to customers and shareholders [8]. - The company plans to announce specific details about the new retailer and product availability in early 2025 [7].

Core Insights - Stryve Foods, Inc. has announced new distribution agreements with major retailers, indicating a rise in consumer demand for its healthy, high-protein snack brands [1][2][3] Distribution Expansion - The company has successfully completed a product rotation in Costco's Southeast Region, which has contributed to its growth in the club channel [2] - Stryve's products are now available in select BJ's Wholesale Club locations, marking a significant achievement in expanding its wholesale club presence [2][3] - Additional distribution has been secured with various retailers including Circle K Coastal, Wawa, Lowe's Grocery, and others, enhancing the availability of Stryve's premium air-dried snacks nationwide [3][4] Retail Performance - Stryve's brands are experiencing impressive growth in retail velocity, consistently outperforming the broader meat snack category [3] - The company has expanded distribution with existing partners such as Sprouts, CVS, and The Fresh Market, indicating strong consumer performance at retail [4] Financial Performance - Preliminary insights for Q3 2024 indicate expected net sales growth of 30% to 35% year-over-year, driven by increased retail consumption [5] - Despite facing working capital constraints, Stryve anticipates a significant year-over-year improvement in gross margin for the quarter, even with higher beef prices [5][6] - The company's ability to maintain sales growth and margin improvement in a challenging inflationary environment highlights the strength of its strategy and product offerings [6] Product Attributes - Stryve's air-dried snacks are marketed as healthier alternatives, containing zero grams of sugar and no artificial ingredients, appealing to health-conscious consumers [6][8] - The product portfolio includes brands like Stryve, Kalahari, and Vacadillos, which are designed to disrupt traditional snacking categories with lower sugar and higher protein content [8]

As filed with the Securities and Exchange Commission on September 27, 2024 Registration No. 333-282043 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 STRYVE FOODS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 001-38785 87-1760117 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identificati ...

Core Viewpoint - Stryve Foods, Inc. is launching a new brand called High Steaks, which focuses on high-quality, high-protein, human-grade pet treats aimed at health-conscious pet owners [1][4]. Product Overview - High Steaks treats are made primarily from real, air-dried beef and are designed to provide essential proteins for pets, supporting energy, muscle development, and overall health [3]. - The treats contain no artificial additives, fillers, or preservatives, emphasizing ultra-clean ingredients [3]. - A variety of flavors will be available, including beef, beef + liver, and beef + sweet potato [3]. Market Strategy - The company plans to launch High Steaks on its website in October 2024 and aims to secure retail distribution in the following quarters to tap into the growing pet treat market [4]. - Stryve Foods is positioned to participate in the high-growth pet category with this differentiated product offering [4]. Company Background - Stryve Foods specializes in air-dried meat snacks and aims to disrupt traditional snacking categories with products that are lower in sugar and carbohydrates while being higher in protein [6][7]. - The company markets its products under several brands, including Stryve, Kalahari, Braaitime, and Vacadillos, and emphasizes health benefits such as being Keto and Paleo diet-friendly [6][7].

As filed with the Securities and Exchange Commission on September 11, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 STRYVE FOODS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 001-38785 87-1760117 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) Post Office Box 8 ...

Financial Performance - Stryve Foods, Inc. reported a quarterly loss of $0.91 per share, which is better than the Zacks Consensus Estimate of a loss of $1.39, and an improvement from a loss of $1.66 per share a year ago, representing an earnings surprise of 34.53% [1] - The company posted revenues of $6.18 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 23.31%, and showing a slight increase from revenues of $6 million in the same quarter last year [2] Stock Performance - Stryve Foods shares have declined approximately 30.8% since the beginning of the year, contrasting with the S&P 500's gain of 13.9% [3] - The current Zacks Rank for Stryve Foods is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is -$1.23 on revenues of $6.97 million, and for the current fiscal year, it is -$5.01 on revenues of $25.68 million [7] - The estimate revisions trend for Stryve Foods is mixed, and changes in these estimates could impact the stock's performance following the recent earnings report [6] Industry Context - The Food - Miscellaneous industry, to which Stryve Foods belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Core Insights - Stryve Foods, Inc. reported its lowest adjusted EBITDA loss in company history, with a 34.8% year-over-year improvement, indicating effective business transformation initiatives [1][3][9] - The company achieved a gross margin of 27.4%, reflecting an expansion of approximately 10 percentage points compared to the prior year [1][2] - For fiscal year 2024, Stryve updated its net sales guidance to a range of $23 million to $26 million, representing a year-over-year growth of 30.0% to 46.9% [5] Financial Performance - Net sales for the second quarter of 2024 reached $6.2 million, showing a sequential growth of 34.4% and a year-over-year increase of 3.0% [2][8] - Gross profit for the second quarter was $1.7 million, up from $1.1 million in the same period last year, primarily due to an improved sales mix and better facility utilization [9][10] - The operating loss narrowed to $2.2 million in Q2 2024, compared to a loss of $3.4 million in Q2 2023 [9][10] Strategic Initiatives - The company is focused on operational efficiency and cost management, which has led to improved gross margins despite higher commodity costs [3][6] - Stryve's strategic transformation is entering its third phase, with significant operational improvements and plans for accelerated growth [3][4] - Management emphasized the importance of expanding distribution and enhancing gross margins as part of their ongoing strategy [4][6] Capital and Funding - In Q2 2024, Stryve closed approximately $3.0 million in convertible promissory notes, with $1.7 million from insider and related party participants, to support working capital needs [7] - The company continues to manage its capital efficiently while making strategic investments in high-potential areas [6] Year-to-Date Performance - For the six months ended June 30, 2024, net sales totaled $10.8 million, a 1.2% increase compared to the same period last year [10] - The year-to-date gross profit was $2.7 million, up from $2.0 million in the prior year, driven by an improved sales mix [10]

Company Overview - Stryve Foods, Inc. is an emerging healthy snack and eating platform that is disrupting traditional consumer packaged goods categories and is a leader in the air-dried meat snack industry in the United States [1][3] - The company offers a range of air-dried meat snack products under the brands Stryve, Kalahari, Braaitime, and Vacadillos, focusing on high protein, low sugar, and health-conscious options [3][4] - Stryve's products are marketed as Keto and Paleo diet-friendly, containing zero grams of sugar and free from MSG, gluten, nitrates, nitrites, and preservatives [3][5] Upcoming Financial Results - Stryve Foods will release its fiscal 2024 second quarter results on August 14, 2024, after the market closes [1] - A conference call is scheduled for the same day at 4:30 PM EDT to discuss the results [1] Distribution Channels - Stryve distributes its products through major retail channels in North America, including grocery stores, convenience stores, mass merchants, and directly to consumers via e-commerce platforms like Amazon and Walmart [4]