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BranchOut Secures $1.17 Million in new Warehouse Club Pineapple Chip Reorders Across Midwest and Southeast Regions and Significantly Reduces Debt
Globenewswireยท 2025-09-03 10:30
Core Insights - BranchOut Food Inc. has announced $1.17 million in new reorders for its Pineapple Chips from a major warehouse club, indicating strong consumer demand and sales performance [2][3] - The company has improved its financial position by repaying $1.56 million in Senior Secured notes and a $500,000 loan, which eliminates $20,000 in monthly interest expenses [3][7] - BranchOut is progressing with its $3 million at-the-market (ATM) program, having completed approximately 75% of it, with proceeds aimed at debt repayment and growth initiatives for 2026 and beyond [4] Sales Performance - The Midwest region placed a reorder valued at approximately $640,000 after strong week-one sales, while the Southeast region placed its fourth order of the year, valued at $536,112, demonstrating repeat demand [2][7] - The company is also preparing deliveries of Organic Chewy Banana Bites and Bell Pepper Crisps to the Midwest region, alongside the Pineapple Chips reorder [7] Product Innovation - BranchOut specializes in high-quality dehydrated fruit and vegetable-based products using its proprietary GentleDry Technology, which preserves up to 95% of the original nutrition of fresh produce [5] - The company has recently begun delivering its new Strawberry Crisps to the LA region, which will be available on shelves in mid-September [7]