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BranchOut Food Inc. (NASDAQ: BOF) has announced its third contract with the nation's largest retailer, bringing the total annualized revenue to over $8 million. The new commitment of $300,000 will see BranchOut Food's dried fruit products entering 1,400 stores in September 2024. CEO Eric Healy expressed excitement over the growing relationship and highlighted the value this partnership brings to stakeholders.
BranchOut Food Inc. (NASDAQ: BOF) ha annunciato il suo terzo contratto con il più grande rivenditore del paese, portando il fatturato annuale totale a oltre 8 milioni di dollari. Il nuovo impegno di 300.000 dollari permetterà ai prodotti di frutta secca di BranchOut Food di essere distribuiti in 1.400 negozi a partire da settembre 2024. Il CEO Eric Healy ha espresso entusiasmo per la crescente relazione e ha sottolineato il valore che questa partnership apporta agli stakeholder.
BranchOut Food Inc. (NASDAQ: BOF) ha anunciado su tercer contrato con el mayor minorista de la nación, llevando el ingreso anualizado total a más de $8 millones. El nuevo compromiso de $300,000 hará que los productos de fruta deshidratada de BranchOut Food ingresen a 1,400 tiendas en septiembre de 2024. El CEO Eric Healy ha expresado su entusiasmo por la creciente relación y destacó el valor que esta asociación aporta a los interesados.
BranchOut Food Inc.(NASDAQ: BOF)는 국내 최대 소매업체와의 세 번째 계약을 발표했습니다. 이 계약으로 총 연간 매출이 8백만 달러를 넘어섰습니다. 새로운 30만 달러의 약속은 2024년 9월부터 BranchOut Food의 건조 과일 제품이 1,400개 매장에 진출하게 될 것입니다. CEO 에릭 힐리는 성장하는 관계에 대한 기대를 표하며 이 파트너십이 이해관계자에게 가져다주는 가치를 강조했습니다.
BranchOut Food Inc. (NASDAQ: BOF) a annoncé son troisième contrat avec le plus grand détaillant du pays, portant le revenu annuel totalisé à plus de 8 millions de dollars. Le nouvel engagement de 300 000 dollars permettra aux produits de fruits secs de BranchOut Food d’être présents dans 1 400 magasins dès septembre 2024. Le PDG Eric Healy a exprimé son enthousiasme concernant la relation croissante et a souligné la valeur que ce partenariat apporte aux parties prenantes.
BranchOut Food Inc. (NASDAQ: BOF) hat seinen dritten Vertrag mit dem größten Einzelhändler des Landes bekanntgegeben, wodurch das gesamte jährliche Umsatzvolumen auf über 8 Millionen Dollar steigt. Das neue Engagement in Höhe von 300.000 Dollar wird dazu führen, dass die getrockneten Fruchtprodukte von BranchOut Food ab September 2024 in 1.400 Geschäften erhältlich sein werden. CEO Eric Healy zeigte sich begeistert über die wachsende Beziehung und betonte den Wert, den diese Partnerschaft für die Stakeholder bringt.
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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 (GLOBE NEWSWIRE) -- 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 retailer to over $8.0 million annually.
Eric Healy, CEO of BranchOut Food, said, “We are excited to announce BranchOut Food has signed its third contract with the nation’s largest retailer, highlighting our growing relationship. BranchOut’s private label offering is a key segment of our business and we are very pleased to be adding contracts with leading retailers across the country, adding long term value for stakeholders.”
Along with its established relationship with the nation’s largest retailer, BranchOut Food has built a strong relationship with the nation’s largest club warehouse retailer, reporting product success and repeat orders in the retailer’s Bay Area and Southern California regions.
About BranchOut Food Inc.
BranchOut Food is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by its licensed dehydration technology. The company’s GentleDry Technology is the next generation in dehydration technology, preserving up to 95% of the original nutrition of fresh fruits and vegetables. BranchOut’s technology is protected by more than 17 patents. BranchOut Food is proud to be 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 and follow us on LinkedIn and Twitter.
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," "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.
What is the latest announcement from BranchOut Food Inc. (NASDAQ: BOF)?
BranchOut Food Inc. (NASDAQ: BOF) has announced its third contract with the nation's largest retailer, bringing the total annualized revenue to over $8 million.
How much is the new commitment in the recent announcement from BranchOut Food Inc. (NASDAQ: BOF)?
The new commitment in the recent announcement from BranchOut Food Inc. (NASDAQ: BOF) is valued at $300,000.
When will BranchOut Food Inc. (NASDAQ: BOF) dried fruit products enter stores?
BranchOut Food Inc. (NASDAQ: BOF) dried fruit products are expected to enter 1,400 stores in September 2024.
What did CEO Eric Healy mention about the new contract?
CEO Eric Healy expressed excitement over the growing relationship and highlighted the value this partnership brings to stakeholders.
