Disruptive food tech strategically enhances value for shareholders through new deals
BEND, Ore., January 16, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, is expanding its partnership with the nation’s largest Club Warehouse Retailer, adding its popular Pineapple Chips to the Bay Area region, following previous success in the Southern California region.
The placement comes on the heels of strategic expansion during Q4 2023, in line with BranchOut Food’s plans to substantially grow market share nationwide.
“Our branded and private label strategy continues to pay dividends, and our first week of sales in the Bay Area Clubs have exceeded expectations,” said Chief Executive Officer of BranchOut Food, Eric Healy. “This collaboration further establishes success in the Club retail channel and we look forward to a year of increased revenue and consistent growth.”
In 2023, BranchOut’s top branded snack was secured placement in the Southern California region of the nation’s largest warehouse club. Likewise, the company’s branded line also launched in approximately 300 Jacksons Food Stores last year, its first foray into the Convenience Store Channel, with additional Grocery Channel launches including Family Foods, Giant Martin, Harmons and Market of Choice.
BranchOut’s paleo and plant-based Pineapple Chips are made with 100 percent pure pineapple, and dried using the company’s patented GentleDry™ technology at low temperatures to preserve flavor and nutrition. One serving provides 170% of the recommended daily value of vitamin C.
Dedicated to offering extraordinary natural snacks and real superfood ingredients, BranchOut Food is committed to delivering products that excel in flavor, color and nutrition, while also providing an exceptional taste experience.
About BranchOut Food Inc.
BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. BranchOut Food is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier. For more information about BranchOut Food Inc. and its products, please visit www.branchoutfood.com.
BranchOut's crunchy Pineapple Chips are now in Costco Bay Area! Grab them for a clean start to the new year! pic.twitter.com/5tsRoCbYyB
— BranchOut (@BranchOutSnacks) January 4, 2024
Safe Harbor Statement
Certain information set forth in this press release contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) the expected development of the Company’s business, projects, and joint ventures; (iii) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (iv) sources and availability of third-party financing for the Company’s projects; (v) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
Although forward-looking statements contained in this press release are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
Contacts:
Investor Relations:
Stephanie Prince
PCG Advisory
(646) 863-6341
sprince@pcgadvisory.com
Media:
BranchOut Food Inc.
SOURCE: BranchOut Food Inc.
