Barfresh Expands Educational Market Leadership with Major West Coast School District Wins
Barfresh Food Group (Nasdaq: BRFH) has announced significant expansion in the West Coast education market, securing partnerships with over 1,400 new schools. A key partnership includes Revolution Foods, California's second-largest school meal provider, serving approximately 900 schools and 200,000 meals daily across California and Nevada.
Revolution Foods is now incorporating Barfresh's Twist & Go™ smoothies into their breakfast menus. The company's current penetration stands at approximately 4.5% of the total U.S. education market, not including their new Pop & Go™ product line. The expansion demonstrates strong market acceptance of Barfresh's better-for-you beverage products, which meet federal nutritional guidelines while maintaining appeal among students.
Barfresh Food Group (Nasdaq: BRFH) ha annunciato un'espansione significativa nel mercato dell'istruzione della Costa Ovest, assicurandosi partnership con oltre 1.400 nuove scuole. Una partnership chiave include Revolution Foods, il secondo fornitore di pasti scolastici della California, che serve circa 900 scuole e 200.000 pasti al giorno in California e Nevada.
Revolution Foods sta ora incorporando i frullati Twist & Go™ di Barfresh nei loro menu per la colazione. L'attuale penetrazione dell'azienda si attesta a circa 4,5% del totale del mercato dell'istruzione negli Stati Uniti, senza contare la loro nuova linea di prodotti Pop & Go™. L'espansione dimostra una forte accettazione del mercato per i prodotti bevibili più salutari di Barfresh, che soddisfano le linee guida nutrizionali federali mantenendo al contempo appeal tra gli studenti.
Barfresh Food Group (Nasdaq: BRFH) ha anunciado una expansión significativa en el mercado educativo de la Costa Oeste, asegurando asociaciones con más de 1,400 nuevas escuelas. Una asociación clave incluye a Revolution Foods, el segundo mayor proveedor de comidas escolares de California, que sirve aproximadamente a 900 escuelas y 200,000 comidas diarias en California y Nevada.
Revolution Foods ahora está incorporando los batidos Twist & Go™ de Barfresh en sus menús de desayuno. La penetración actual de la empresa se sitúa en aproximadamente 4.5% del total del mercado educativo de EE.UU., sin incluir su nueva línea de productos Pop & Go™. La expansión demuestra una fuerte aceptación en el mercado de los productos de bebidas más saludables de Barfresh, que cumplen con las pautas nutricionales federales mientras mantienen su atractivo entre los estudiantes.
Barfresh Food Group (Nasdaq: BRFH)는 서부 교육 시장에서의 중대한 확장을 발표하며 1,400개 이상의 새로운 학교와의 파트너십을 확보했습니다. 주요 파트너십 중 하나는 캘리포니아의 두 번째로 큰 학교 급식 제공업체인 Revolution Foods로, 캘리포니아와 네바다에서 약 900개의 학교에 매일 20만 끼의 식사를 제공합니다.
Revolution Foods는 이제 Barfresh의 Twist & Go™ 스무디를 아침 메뉴에 포함시키고 있습니다. 현재 회사의 시장 침투율은 미국 교육 시장의 약 4.5%입니다. Pop & Go™ 제품 라인은 포함되지 않았습니다. 이번 확장은 Barfresh의 건강에 더 좋은 음료 제품에 대한 시장의 강한 수용을 보여줍니다. 이러한 제품은 연방 영양 지침을 충족하면서 학생들 사이에서의 매력도 유지합니다.
Barfresh Food Group (Nasdaq: BRFH) a annoncé une expansion significative sur le marché de l'éducation de la côte ouest, en sécurisant des partenariats avec plus de 1,400 nouvelles écoles. Un partenariat clé inclut Revolution Foods, le deuxième plus grand fournisseur de repas scolaires de Californie, servant environ 900 écoles et 200 000 repas par jour en Californie et au Nevada.
Revolution Foods intègre maintenant les smoothies Twist & Go™ de Barfresh dans leurs menus de petit-déjeuner. La pénétration actuelle de l'entreprise est d'environ 4,5% du marché éducatif total aux États-Unis, sans compter leur nouvelle ligne de produits Pop & Go™. L'expansion démontre une forte acceptation du marché pour les boissons plus saines de Barfresh, qui respectent les directives nutritionnelles fédérales tout en restant attrayantes pour les élèves.
Barfresh Food Group (Nasdaq: BRFH) hat eine bedeutende Expansion im Bildungsmarkt der Westküste angekündigt und Partnerschaften mit über 1.400 neuen Schulen gesichert. Eine wichtige Partnerschaft besteht mit Revolution Foods, dem zweitgrößten Anbieter von Schulmahlzeiten in Kalifornien, der täglich etwa 200.000 Mahlzeiten an rund 900 Schulen in Kalifornien und Nevada liefert.
Revolution Foods integriert jetzt die Twist & Go™ Smoothies von Barfresh in ihre Frühstücksmenüs. Der aktuelle Marktanteil des Unternehmens liegt bei etwa 4,5% des gesamten Bildungsmarktes in den USA, ohne die neue Produktlinie Pop & Go™ mitzuzählen. Die Expansion zeigt eine starke Marktakzeptanz für die gesünderen Getränkeprodukte von Barfresh, die die staatlichen Ernährungsrichtlinien erfüllen und gleichzeitig bei den Schülern beliebt bleiben.
- Secured partnerships with 1,400+ new schools on the West Coast
- Partnership with Revolution Foods reaches 900 schools serving 200,000 meals daily
- Current market penetration at 4.5% indicates significant growth potential
- Products successfully meet federal nutritional guidelines while maintaining student appeal
- None.
Insights
The expansion into 1,400 new schools through partnerships with major West Coast districts, particularly Revolution Foods which serves 200,000 meals daily, represents a significant market penetration increase for Barfresh. The company's current 4.5% penetration of the U.S. education market indicates substantial growth potential, considering the total addressable market of approximately 98,000 public schools nationwide.
The partnership with Revolution Foods is particularly strategic as it's the second-largest school meal provider in California. This positions Barfresh to potentially capture a larger share of the
Simple explanation: Imagine a pizza chain expanding from 45 stores to 59 stores in a market that has 1,000 potential locations. That's similar to what Barfresh is doing in schools - they're growing but still have lots of room to expand.
This expansion could translate into meaningful revenue growth for Barfresh, considering the average K-12 student consumes approximately 135 school breakfasts annually. With the potential to serve 200,000 students through Revolution Foods alone and assuming a conservative
The company's market cap of
Simple explanation: If each student buys just one smoothie per week at
Company Secures Additional School District Partnerships, Adding Over 1,400 Schools to Its Growing Education Channel
LOS ANGELES, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced multiple new customer wins on the West Coast education market, adding more than 1,400 schools. Many of these new school district partnerships are already actively serving Barfresh’s portfolio of better-for-you smoothie beverages, including its Twist & Go™ carton and bottled smoothie products, to their student populations.
These new schools include our new partnership with Revolution Foods, which serves approximately 900 schools and approximately 200,000 meals a day, and is the second largest school meal provider in California. Their meals are served during breakfast, lunch and supper throughout California and Nevada. Revolution Foods now serve Barfresh Twist & Go smoothies on its breakfast menus. Barfresh product offerings support Revolution Foods mission to serve trusted brands to their schools.
Daphne Roberts, Vice President of Menu and Nutrition at Revolution Foods, shared, “At Revolution Foods, our mission is to ensure every student has access to nutritious, high-quality meals. Barfresh smoothies align perfectly with our standards and have been a welcome addition to our K-12 menu, gaining excitement among students. The convenient grab-and-go format makes it easy for the 900 schools we serve across California and Nevada to offer a delicious and nutritious breakfast to students.”
Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “We’re excited to announce these significant new partnerships on the West Coast. The successful implementation across many of these 1,400 schools reflects the effectiveness of our expanded sales network and broader product portfolio. With our current penetration at approximately
About Barfresh Food Group
Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes and frappes, primarily for the education market, foodservice industry and restaurant chains, delivered as fully prepared individual portions or single serving and bulk formats for on-site preparation. The Company’s single serving, on-site prepared product utilizes a proprietary, patented system that uses portion-controlled pre-packaged beverage ingredients, delivering a freshly made frozen beverage that is quick, cost efficient, better for you and without waste. For more information, please visit www.barfresh.com.
Forward Looking Statements
Except for historical information herein, matters set forth in this press release are forward-looking, including statements about the Company’s commercial progress, success of its strategic relationship(s), and projections of future financial performance. These forward-looking statements are identified by the use of words such as “grow”, “expand”, “anticipate”, “intend”, “estimate”, “believe”, “expect”, “plan”, “should”, “hypothetical”, “potential”, “forecast” and “project”, “continue,” “could,” “may,” “predict,” and “will” and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The contents of this release should be considered in conjunction with the Company’s recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, including any warnings, risk factors and cautionary statements contained therein. Furthermore, the Company expressly disclaims any current intention to update publicly any forward-looking statements after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.
Investor Relations
John Mills
ICR
646-277-1254
John.Mills@icrinc.com
Deirdre Thomson
ICR
646-277-1283
Deirdre.Thomson@icrinc.com
FAQ
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