NEWSROOM

Food for thought

BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering

BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering

Jun 28, 2024

BEND, OR, June 28, 2024 - BranchOut Food Inc. (NASDAQ: BOF), (“BranchOut” or the “Company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the closing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are approximately...

BranchOut Food Announces Nation’s Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment

BranchOut Food Announces Nation’s Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment

Jun 27, 2024

New private label dried fruit products expected to enter 3,430 stores in 2024 BEND, Ore., June 27, 2024 -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that the nation’s largest retailer has increased the store count and overall projected sales of its third contract with BranchOut Food. The new third contract now has a value of approximately $1 million in sales and is three times larger...

BranchOut Food Prices $1.4 Million Follow-On Public Offering

BranchOut Food Prices $1.4 Million Follow-On Public Offering

Jun 26, 2024

BEND, OR, June 26, 2024 - BranchOut Food Inc. (NASDAQ: BOF) (“BranchOut” or the “Company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the pricing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are expected to be...

BranchOut Food Ships First Production of New, Innovative Products to Nation’s Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M

BranchOut Food Ships First Production of New, Innovative Products to Nation’s Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M

Jun 26, 2024

BranchOut Food contracts with the retailer now total approximately $8 million in annualized revenue New dried vegetable offerings have shipped ahead of a nationwide launch in July 2024 BEND, Ore., June 26, 2024 -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced it has shipped the first production of the new products that will be launched nationwide in July 2024 by the nation’s largest retailer....

BranchOut Food Ships First Production of New, Innovative Products to Nation’s Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M

BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market

Jun 25, 2024

Industrial food ingredients expected to be a valuable additional commercialization channel Company to build out internal sales and marketing team to pursue new channel BranchOut Food will showcase its products and services at the ITF Annual Expo in July 2024 BEND, Ore., June 25, 2024 -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced that it will enter the industrial food ingredients market as...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

May 15, 2024

Achieved a 1,407% revenue increase to $1.47 million in Q1 2024. Increased gross margin to 19% in Q1 2024, up from -3% last year. Secured $8 million in recurring revenue plus $1.1 million in rotational retailer commitments. BEND, Ore., May 15, 2024 - PRISM MediaWire - BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the first quarter ended March...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins

May 14, 2024

Build out to begin immediately, with production expected to commence in the third quarter BEND, Ore., May 14, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has signed a long term lease for a 50,000 square foot production facility in Peru. Under the terms of the agreement, BranchOut Food has the first right to purchase the facility at a fixed price at any point during the...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Announces Third Contract with Nation’s Largest Retailer, to Total $8M in Annualized Revenue

Apr 24, 2024

New commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food’s dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced it has expanded its existing relationship with the nation’s largest retailer. The new agreement brings the total annualized value of commitments from the...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants

Apr 17, 2024

Transaction supports Company’s continued execution of its product roadmap and capital expenditures for new equipment BEND, Ore., April 17, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company’s common stock. Each Warrant is exercisable for a...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024

Apr 2, 2024

2023 net revenue of $2.83M, up 276% versus prioryear due to major retailer engagements BEND, Ore., April 02, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the fourth quarter and year ended December 31, 2023. Eric Healy, CEO of BranchOut Foods, said, “We are very pleased with BranchOut Food’s significant...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food to Debut New Products at Natural Products Expo West

Mar 13, 2024

Natural Products Expo West showcases trending products for retailers stocking stores shelves nationwide BranchOut Food will launch two new products lines including Salad Toppers and Kids’ Snack Packs BEND, Ore., March 13, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it will debut a brand refresh and launch two new product lines at its exhibit at the Natural Products Expo West,...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Significantly Expands Relationship with Nation’s Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024

Feb 26, 2024

After exceptional sales in the California regions, BranchOut expands into 7 more states Several additional regions now reviewing BranchOut Food’s products due to exceptional sales BEND, Ore., February 26, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has broadened its existing relationship with the nation’s largest warehouse club following exceptional sales of its popular...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Expands Relationship with Nation’s Largest Retailer, Valued at an estimated $7.6M Annually

Feb 12, 2024

BEND, Ore., February 12, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has expanded its relationship with the nation’s largest retailer. The new agreement is valued at an estimated $7.6 million annually. BranchOut has renewed its contract with the retailer for two products and entered into a new contract for two additional products. The company received a 12-month contract...

PRISM MarketView Highlights BranchOut Food as Company Reaches Revenue Records

PRISM MarketView Highlights BranchOut Food as Company Reaches Revenue Records

Feb 8, 2024

New York, N.Y. February 8, 2024 - PRISM MarketView, a leading provider of unbiased market insight and company news, today highlights BranchOut Food (NASDAQ: BOF), a pioneering food technology company with a smart growth strategy that is helping it achieve new revenue records each quarter. BranchOut Food Inc. is a snack food company with a difference. The company produces dehydrated fruit and vegetable-based products using a disruptive technology known as GentleDry, that enables the company to...

PRISM CEO CORNER – Eric Healy, BranchOut Food – Reaching Record Revenues with Disruptive Food Technology

PRISM CEO CORNER – Eric Healy, BranchOut Food – Reaching Record Revenues with Disruptive Food Technology

Feb 7, 2024

New York, February 7, 2024 - Consumer demand for healthier and more sustainable food options is on the rise in the US. According to the World Economic Forum, around 50% of Americans say they are actively trying to make healthy eating choices, but a culture of snacking may be getting in the way of the best intentions. This year alone, the US snack food market is valued at more than $108 billion. BranchOut Food Inc. (NASDAQ: BOF), is a snack food company with a difference. Its fruit and...

BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate

BranchOut Food Successfully Completes Part of Strategic Collaboration with U.S. Army to Revolutionize MREs with GentleDry Technology

Jan 31, 2024

Shelf life testing of BranchOut snacks expected to be completed in March 2024 BEND, Ore., January 31, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has successfully completed a part of its strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) to enhance MREs (Meals Ready-to-Eat) through the implementation of the BranchOut Food's...

BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run Rate

BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run Rate

Jan 22, 2024

Continued Product Line Expansion and Customer Launches Expected to Generate Strong Revenue Growth in 2024 BEND, Ore., January 22, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced preliminary gross revenue for its fourth quarter ended December 31, 2023. Preliminary Q4 2023 gross revenue reached approximately $1.6 million, outpacing Q3 2023 gross revenue of $1.1 million by 43%, and full...

BranchOut Food Launches in the Bay Area Region of the Nation’s Largest Warehouse Club

BranchOut Food Launches in the Bay Area Region of the Nation’s Largest Warehouse Club

Jan 16, 2024

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...

BranchOut Food Closes $400,000 Senior Secured Loan

BranchOut Food Closes $400,000 Senior Secured Loan

Jan 11, 2024

Refinances existing $200,000 loan due in January 2024 and provides working capital for customer orders BEND, Ore., January 11, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that the Company has closed on a $400,000 Senior Secured Loan from an investor group that includes Eagle Vision Fund LP. Eagle Vision Fund LP is a current stockholder in Branchout Food and its Managing Member is a...

BranchOut Food Engages PCG Advisory to Expand Investment Outreach

BranchOut Food Engages PCG Advisory to Expand Investment Outreach

Jan 10, 2024

Pioneering food tech grows contracts with warehouse grocery leaders BEND, Ore., January 10, 2024 - BranchOut Food Inc. (NASDAQ: BOF), a disruptive food technology company and producer of dehydrated fruit and vegetable-based products, has engaged PCG Advisory, Inc., a leading firm specializing in investor relations and digital strategies, to act as an advisor for investor relations and strategic communications. PCG Advisory will collaborate closely with the senior management team at BranchOut...