Stryve Foods
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Stryve Foods strategic review draws “expressions of interest”
Yahoo Finance· 2025-11-19 13:35
Core Insights - Stryve Foods has initiated a formal process to evaluate strategic alternatives after receiving multiple expressions of interest from potential parties [1][2] - The company reported a decline in net sales for the first nine months, falling to $13.4 million from $16.5 million year-over-year [2] - Stryve's net losses narrowed by 21% to $7.9 million, with expectations of an $8 million net loss for 2025, reflecting a 53% improvement year-over-year [3] Financial Performance - The company is forecasting an annual EBITDA loss of $4 million, a significant improvement from $9.5 million in 2024 [4] - Stryve anticipates a 15% reduction in operating expenses to approximately $12.6 million [4] - Revenue for the fourth quarter is projected to be around $7 million, representing a 59% increase from the previous year [4] Strategic Actions - Stryve is implementing corrective actions, including price increases and productivity initiatives, which are expected to enhance the fourth-quarter outlook [4] - The company emphasizes the importance of securing external debt or equity financing for its future plans [5] - CEO Chris Boever noted that achieving near break-even EBITDA in the fourth quarter signifies a pivotal point towards sustained profitability [5]
Stryve Foods(SNAX) - 2025 Q3 - Quarterly Results
2025-11-18 17:57
Financial Results Announcement - Stryve Foods, Inc. announced its unaudited financial results for Q3 and nine months ending September 30, 2025[5] - The press release detailing the financial results was issued on November 18, 2025[5] - No specific financial metrics or performance indicators were provided in the extracted content[5]
Stryve Foods, Inc. Announces Exploration of Strategic Alternatives
Globenewswire· 2025-04-29 13:11
Core Viewpoint - Stryve Foods, Inc. is undergoing a formal review process to explore strategic alternatives aimed at maximizing shareholder value and securing capital to support its growth in demand [1][4]. Company Performance - Over the past two years, Stryve has significantly transformed its operations, leading to improved business performance and a considerable reduction in losses [2]. - The company is experiencing increased retailer and consumer demand, validating its strategic plan communicated in early 2023 [3]. Strategic Initiatives - Stryve is actively seeking additional capital to meet the accelerating demand for its products, which currently outpaces its supply capabilities due to liquidity constraints [3][5]. - The company has initiated a comprehensive review of strategic alternatives, which may include strategic investments, business combinations, or asset sales [4]. Market Position - Stryve operates in the healthy snacking sector, focusing on high-protein, air-dried meat snacks, and aims to disrupt traditional snacking categories with its differentiated product offerings [6]. - The company markets its products under several brands, including Stryve®, Kalahari®, Braaitime®, and Vacadillos®, emphasizing health benefits such as being lower in sugar and carbohydrates while being higher in protein [6][7]. Distribution Channels - Stryve distributes its products through major retail channels in North America, including grocery stores, convenience stores, and e-commerce platforms like Amazon and Walmart [7].
Stryve Foods(SNAX) - Prospectus(update)
2024-09-27 13:28
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 ...
Stryve Foods(SNAX) - Prospectus
2024-09-11 21:16
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 ...
Stryve Foods(SNAX) - 2021 Q2 - Quarterly Report
2021-08-16 20:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38785 STRYVE FOODS, INC. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organizatio ...