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Share Name | Share Symbol | Market | Type |
---|---|---|---|
BranchOut Food Inc | NASDAQ:BOF | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.04 | 1.72% | 2.37 | 2.21 | 2.47 | 2.5595 | 2.26 | 2.33 | 276,349 | 01:00:00 |
BranchOut’s new Peru facility, with its innovative GentleDry™ technology, marks a significant milestone for BranchOut, allowing the company to take production in-house, driving higher margins and enabling immediate profitability.
Driving Growth Through Key Strategic Partnerships
Peru Facility Now Fully Operational, Supporting $40M Production Capacity
BranchOut’s newly commissioned 50,000-square-foot facility in Peru is now operational, producing Brussels Sprout Crisps and Carrot Sticks to fulfill reorders from the nation’s largest retailer. Production for the nation’s largest warehouse club will begin in November, featuring large-scale batches of Organic Chewy Bananas, Pineapple Chips, and Bell Pepper Crisps. This advanced facility, with a capacity of 800 metric tons, utilizes BranchOut’s proprietary GentleDry™ technology, which is disrupting and replacing legacy dehydration methods by delivering superior quality, nutrition, and efficiency. Combined with Peru’s abundant supply of affordable raw materials and labor, BranchOut is positioned as a global leader in innovative, cost-effective food production, driving record top-line revenue and profitability.
A Transformative Year Ahead
“Bringing our Peru facility online marks a pivotal moment for BranchOut,” said Eric Healy, CEO of BranchOut Food. “We are well-positioned to scale operations efficiently while driving profitability. As we look ahead to 2025 and beyond, we see tremendous growth opportunities fueled by increasing demand from major retailers, ingredient customers and large CPG brands. Given the rapid growth, we are exploring the acquisition of a fourth large scale machine in 2025, which would increase our production capacity from $40M to approximately $50M and support our current and future sales goals for the next two years.”
BranchOut remains laser-focused on expanding growth while maintaining disciplined financial management. With a strong pipeline of customer orders and industry-leading technology, the company is on track to eliminate all outstanding debt by Q4 2025, setting the stage for a debt-free, high-margin growth phase.
About BranchOut Food Inc.
BranchOut Food is a leading international food technology company, specializing in the production of high-quality dehydrated fruit and vegetable-based products through its proprietary GentleDry Technology. This next-generation dehydration method preserves up to 95% of the original nutrition of fresh produce, offering superior quality and taste. Protected by over 17 patents, BranchOut’s technology enables it to stand out as a trusted brand, ingredient and a private-label supplier. For more information, visit www.branchoutfood.com or follow us on social media here.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts of future events. Forward-looking statements may be identified using words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate", "plan," “position”, "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements with respect to the operations of BranchOut Food, Inc., (the Company) strategies, prospects and other aspects of the business of the Company are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Although it may voluntarily do so from time to time, the Company undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
For more information:info@branchoutfood.com
Investor Contact:
Jeff RamsonPCG Advisory646-863-6893jramson@pcgadvisory.com
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