Barfresh Builds on Education Channel Momentum with Additional Major Customer Wins

Core Insights - Barfresh Food Group Inc. has expanded its customer base by securing 542 new school locations across multiple states, serving over 390,000 students starting in the 2024-2025 school term [1][2] - The company has announced a total of over 3,100 new school customer locations in the past month, representing more than 2.2 million students, indicating a strong growth trajectory in the education channel [1][2] - The CEO highlighted the strategic efforts in expanding national broker coverage, increasing production capacity, and reintroducing juice concentrate offerings as key drivers for this growth [2] Company Overview - Barfresh Food Group Inc. specializes in developing, manufacturing, and distributing ready-to-blend and ready-to-drink beverages, primarily targeting the education market, foodservice industry, and restaurant chains [3] - The company utilizes a proprietary system for its single-serving products, which allows for quick, cost-efficient, and waste-free beverage preparation [3] Future Outlook - The company anticipates announcing additional customer wins in the education channel before the start of the 2024-2025 school year, positioning itself for record revenue and expanded profit margins in fiscal year 2024 [2]