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Borealis Foods Announces Successful Introduction of Woodles® into U.S. School Lunch Programs, Promoting Healthy and Sustainable Eating for Students

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Borealis Foods Inc. (Nasdaq: BRLS) has successfully introduced Woodles®, its noodle brand, into over 4,000 school lunch programs across the United States. This expansion marks a significant milestone in the company's mission to promote healthy eating habits among students. Woodles, featuring low-sodium, whole-grain rich ingredients, meet strict USDA guidelines for school nutrition.

The company expects revenue and gross profit contribution in the second half of 2024 and beyond from this initiative. Borealis Foods' subsidiary, Palmetto Gourmet Foods (PGF), is partnering with major school districts to offer nutritious meals to thousands of students. The company aims to expand this offering across all states, working with school chefs to develop 'better-for-you' meals tailored for school programs.

This successful rollout is seen as a significant inflection point for Borealis Foods, confirming its ability to be a trusted partner for leading, national foodservice distributors. The company is actively working to develop additional opportunities in universities and hospitals.

Borealis Foods Inc. (Nasdaq: BRLS) ha introdotto con successo Woodles®, il suo marchio di noodle, in oltre 4.000 programmi di pranzi scolastici negli Stati Uniti. Questa espansione rappresenta una tappa significativa nella missione dell'azienda di promuovere abitudini alimentari sane tra gli studenti. Woodles, caratterizzati da ingredienti a basso contenuto di sodio e ricchi di cereali integrali, soddisfano rigorosi standard USDA per la nutrizione scolastica.

L'azienda prevede un contributo al fatturato e al profitto lordo nella seconda metà del 2024 e oltre grazie a questa iniziativa. La sussidiaria di Borealis Foods, Palmetto Gourmet Foods (PGF), sta collaborando con importanti distretti scolastici per offrire pasti nutrizionali a migliaia di studenti. L'azienda mira ad espandere questa offerta in tutti gli stati, lavorando con chef scolastici per sviluppare pasti 'meglio per te' su misura per i programmi scolastici.

Questo rollout di successo è visto come un punto di inflessione significativo per Borealis Foods, confermando la sua capacità di essere un partner fidato per i principali distributori nazionali di servizi di ristorazione. L'azienda sta attivamente lavorando per sviluppare ulteriori opportunità in università e ospedali.

Borealis Foods Inc. (Nasdaq: BRLS) ha introducido con éxito Woodles®, su marca de fideos, en más de 4,000 programas de almuerzos escolares en los Estados Unidos. Esta expansión marca un hito significativo en la misión de la empresa de promover hábitos alimenticios saludables entre los estudiantes. Woodles, con ingredientes bajos en sodio y ricos en granos enteros, cumplen con estrictas directrices de nutrición escolar del USDA.

La empresa espera una contribución a los ingresos y ganancias brutas en la segunda mitad de 2024 y más allá gracias a esta iniciativa. La subsidiaria de Borealis Foods, Palmetto Gourmet Foods (PGF), se está asociando con importantes distritos escolares para ofrecer comidas nutritivas a miles de estudiantes. La empresa tiene como objetivo expandir esta oferta en todos los estados, trabajando con chefs escolares para desarrollar comidas 'mejores para ti' adaptadas a los programas escolares.

Este exitoso lanzamiento se considera un punto de inflexión significativo para Borealis Foods, confirmando su capacidad de ser un socio de confianza para los principales distribuidores de servicios de alimentación nacionales. La empresa está trabajando activamente para desarrollar oportunidades adicionales en universidades y hospitales.

Borealis Foods Inc. (Nasdaq: BRLS)는 자사의 면 브랜드인 Woodles®를 미국 전역의 4,000개 이상의 학교 급식 프로그램에 성공적으로 도입했습니다. 이번 확장은 학생들 사이에서 건강한 식습관을 촉진하려는 회사의 사명에서 중요한 이정표를 의미합니다. 나트륨이 낮고 통곡물이 풍부한 재료로 구성된 Woodles는 학교 영양을 위한 엄격한 USDA 지침을 충족합니다.

회사는 이번 이니셔티브에서 2024년 하반기 이후 수익 및 총 이익 기여를 기대하고 있습니다. Borealis Foods의 자회사인 Palmetto Gourmet Foods (PGF)는 주요 학군과 파트너십을 맺고 수천 명의 학생들에게 영양가 있는 식사를 제공하고 있습니다. 이 회사는 모든 주에서 이 제공을 확장하고, 학교 프로그램에 맞춤형 '더 나은 식사'를 개발하기 위해 학교 요리사들과 협력할 계획입니다.

이번 성공적인 롤아웃은 Borealis Foods에 대한 중대한 전환점으로 여겨지며, 주요 국가 식품 서비스 유통업체의 신뢰할 수 있는 파트너가 될 수 있는 능력을 확인해줍니다. 회사는 대학 및 병원에서 추가 기회를 개발하기 위해 적극적으로 작업하고 있습니다.

Borealis Foods Inc. (Nasdaq: BRLS) a introduit avec succès la marque de nouilles Woodles® dans plus de 4.000 programmes de repas scolaires à travers les États-Unis. Cette expansion marque une étape importante dans la mission de l'entreprise de promouvoir des habitudes alimentaires saines parmi les étudiants. Woodles, qui présentent des ingrédients à faible teneur en sodium et riches en grains entiers, répondent aux strictes directives USDA en matière de nutrition scolaire.

L'entreprise s'attend à une contribution aux revenus et aux bénéfices bruts au cours de la seconde moitié de 2024 et au-delà grâce à cette initiative. La filiale de Borealis Foods, Palmetto Gourmet Foods (PGF), s'associe à des districts scolaires majeurs pour offrir des repas nutritifs à des milliers d'étudiants. L'entreprise vise à étendre cette offre dans tous les États en collaborant avec des chefs d'école pour développer des repas 'meilleurs pour vous' adaptés aux programmes scolaires.

Ce lancement réussi est considéré comme un point d'inflexion significatif pour Borealis Foods, confirmant sa capacité à être un partenaire de confiance pour les principaux distributeurs nationaux de services alimentaires. L'entreprise travaille activement à développer d'autres opportunités dans les universités et les hôpitaux.

Borealis Foods Inc. (Nasdaq: BRLS) hat erfolgreich die Nudelmarke Woodles® in über 4.000 Schulessen-Programmen in den Vereinigten Staaten eingeführt. Diese Expansion stellt einen wichtigen Meilenstein in der Mission des Unternehmens dar, gesunde Essgewohnheiten unter Schülern zu fördern. Woodles, die niedrigen Natriumgehalt und reichhaltige Vollkornzutaten aufweisen, entsprechen den strengen USDA-Richtlinien für Schulernährung.

Das Unternehmen erwartet Einnahme- und Bruttogewinnbeiträge in der zweiten Hälfte von 2024 und darüber hinaus durch diese Initiative. Die Tochtergesellschaft von Borealis Foods, Palmetto Gourmet Foods (PGF), arbeitet mit großen Schulbezirken zusammen, um tausenden von Schülern nahrhafte Mahlzeiten anzubieten. Das Unternehmen beabsichtigt, dieses Angebot in allen Bundesstaaten auszubauen und mit Schulköchen zusammenzuarbeiten, um 'gesundere' Mahlzeiten für Schulprogramme zu entwickeln.

Dieser erfolgreiche Rollout wird als wichtiger Wendepunkt für Borealis Foods angesehen, der die Fähigkeit des Unternehmens bestätigt, ein vertrauenswürdiger Partner für führende nationale Lebensmittelverteilungsunternehmen zu sein. Das Unternehmen arbeitet aktiv daran, zusätzliche Möglichkeiten in Universitäten und Krankenhäusern zu entwickeln.

Positive
  • Successful introduction of Woodles® into over 4,000 U.S. school lunch programs
  • Expected revenue and gross profit contribution in the second half of 2024 and beyond
  • Expansion into institutional channels (schools, universities, hospitals) through partnerships with national foodservice distributors
  • Product meets USDA nutrition guidelines for school meals
  • Potential for further growth with over 90,000 K-12 schools in the country
Negative
  • None.

Company Expects Revenue and Gross Profit Contribution in the Second Half of 2024 and Beyond

NEW YORK, Sept. 23, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), announced today that Woodles®, the beloved noodle brand has successfully expanded distribution into over 4,000 school lunch programs across the United States, offering a nutritious, school-approved, and delicious option for students.

This move marks a significant milestone in the company's mission to bring healthy eating habits to the forefront of the next generation's diet. Borealis Foods's expansion into school nutrition is a significant opportunity for the company as a trusted supplier to schools nationally.

With growing concerns about childhood nutrition and the rising demand for healthy options, Borealis' wholly owned subsidiary Palmetto Gourmet Foods ("PGF") is stepping up to provide schools with convenient, eco-friendly meal solutions that kids love.

Featuring low-sodium, whole-grain rich ingredients, Woodles offer healthy and nutritious noodles to school lunch programs, meeting strict USDA guidelines.

"We're excited to bring Woodles to schools across the nation," said Dr. Reza Soltanzadeh, Founder and CEO of Borealis Foods. "Our goal has always been to make healthy eating tasty, healthy and accessible, and we're proud to help schools meet their nutrition standards while making an impact on students' lifelong eating habits. We are working on expanding this offering across all states as we partner with school chefs to develop 'better-for-you' meals tailored for school programs."

As part of its national expansion, PGF has partnered with major school districts across the country, offering nutritious meals to thousands of students. Following the successful launch of Woodles, ample opportunity remains to continue growing with over 90,000 K-12 schools in the country. This initiative not only educates students about the benefits of whole grains and healthier food choices but also provides schools with the Woodles Protein+ variety. Woodles significantly elevates the taste profile while providing a healthy meal.

"Woodles have been an instant hit in schools nationwide because they not only meet USDA nutrition requirements but are also easy for cafeteria staff to prepare. Most importantly, they delight students who have been wanting healthy, Asian-style noodles in their school lunch programs for years," said Amanda Bot, Vice President of the K-12 Division at PGF.  She further stated that, "The enthusiastic response from both schools and foodservice distributors has been remarkable, and the speed at which Woodles have been added to school menus across the country is impressive. School districts are traditionally slow to implement new items, so seeing Woodles gain traction so quickly is a testament to the demand for healthier, student-approved meals that fit seamlessly into existing lunch programs."

Dr. Soltanzadeh added, "This rollout to approximately 4,000 US schools is a significant inflection point for our company. Most immediately, we expect our third and fourth quarter revenues and gross profits to benefit as these institutional channel sales contribute to our results. Just as importantly, this successful rollout confirms our ability to be a trusted partner for leading, national foodservice distributors and we are actively working with them to develop and service additional opportunities such as universities and hospitals."

Benefits for Schools and Families:

  • Healthier Meal Options
  • Encouraging Lifelong Healthy Habits
  • Eco-friendly Offering
  • Versatile Menus

The expansion into U.S. schools is just the beginning for Woodles, which has also announced plans to roll out new products and flavors tailored to regional tastes and school requirements.

About Borealis Foods:

Borealis Foods is a forward-thinking food tech company on a mission to address human health, growing consumer needs and global food security challenges by developing highly nutritious functional food products that are flavorful, affordable, and sustainable. The Company's focus on affordability and sustainability reflects its deep commitment to making a positive impact on human health while supporting the well-being of our planet.

For more information on Borealis Foods, please visit https://borealisfoods.com 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/borealis-foods-announces-successful-introduction-of-woodles-into-us-school-lunch-programs-promoting-healthy-and-sustainable-eating-for-students-302254863.html

SOURCE Borealis Foods, Inc.

FAQ

How many U.S. school lunch programs has Borealis Foods (BRLS) introduced Woodles® to?

Borealis Foods has successfully introduced Woodles® into over 4,000 school lunch programs across the United States.

When does Borealis Foods (BRLS) expect revenue contribution from the school lunch program expansion?

Borealis Foods expects revenue and gross profit contribution from the school lunch program expansion in the second half of 2024 and beyond.

What nutritional features do Woodles® offer for school lunch programs?

Woodles® feature low-sodium, whole-grain rich ingredients, meeting strict USDA guidelines for school nutrition and offering a healthy option for students.

How is Borealis Foods (BRLS) planning to expand its school lunch program offerings?

Borealis Foods is working on expanding its offerings across all states by partnering with school chefs to develop 'better-for-you' meals tailored for school programs.

Borealis Foods Inc.

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