HOME BISTRO INC - HBIS STOCK NEWS

Home Bistro (OTC PINK:HBIS) has appointed Camille May as Chief Financial Officer and Danika Brysha as Chief Marketing Officer. Both executives are co-founders of Model Meals, a meal service recently acquired by Home Bistro. This strategic move aims to strengthen the company’s management team to support its growth trajectory. CEO Zalmi Duchman expressed confidence in their expertise, noting their previous roles at Model Meals and their significant industry knowledge, which are crucial for executing the company's objectives.

Home Bistro, Inc. (OTC PINK:HBIS) has announced a new video interview featuring CEO Zalmi Duchman, detailing significant corporate updates. Key highlights include new celebrity chef partnerships and meal development initiatives, alongside a recent acquisition that aims to enhance the company's market position. Home Bistro specializes in delivering gourmet, chef-inspired meals online. The interview can be accessed via the provided link, offering further insights into the company's future outlook and strategic direction.

Home Bistro, Inc. (OTC PINK:HBIS) has announced a partnership with Perfecting Athletes LLC, a prominent health and nutrition company. This collaboration aims to provide healthy, gourmet meals inspired by elite athletes and celebrities to the public. Home Bistro's CEO, Zalmi Duchman, expressed excitement over reaching a broader audience seeking to enjoy high-quality meals. Perfecting Athletes, known for serving over 300 elite athletes, is eager to make their meals accessible to a wider clientele. The partnership promises to combine their expertise for healthier living.

Home Bistro (OTC PINK:HBIS) has expanded its Model Meals service nationwide, now available in all 50 states, up from just three (California, Nevada, Arizona). CEO Zalmi Duchman emphasizes the goal of significantly increasing distribution and revenue following the acquisition of Model Meals. The service offers Whole30 and Paleo-approved meal prep options using high-quality ingredients. This expansion aims to leverage customer loyalty and enhance the company’s growth potential.

Home Bistro, Inc. (OTC PINK:HBIS) announced the addition of celebrity chef Richard Blais to its team, enhancing its gourmet meal delivery service. CEO Zalmi Duchman expressed excitement over Blais's social media influence, anticipating a positive response from both existing and new customers. Blais, known for his culinary achievements and media presence, aims to leverage Home Bistro's platform for meal development. The company continues to innovate with chef-inspired meals, positioning itself competitively in the meal delivery industry.

Home Bistro, Inc. (OTC PINK:HBIS) reported a significant milestone, announcing a over 50% increase in its customer reorder rate over the past 90 days. This surge is attributed to the implementation of stricter quality control measures and a transition to fresh meal delivery, with a notable 20% increase in August alone. CEO Zalmi Duchman emphasized the importance of reorders in building a successful direct-to-consumer platform and hinted at future plans for a subscription-based model to further enhance customer retention.

Home Bistro, Inc. (OTC PINK:HBIS) announced the retention of Executive Chef Amy Hedayatpour to redevelop its private label meals. Chef Amy, a graduate of Cordon Bleu Paris, has a rich background in high-end restaurants, including Guy Savoy and Le Bernardin.

CEO Zalmi Duchman emphasized that updating recipes aligns with the company's shift toward fresh meals. Chef Amy expressed enthusiasm for the company's progress in 2021 and is set to modernize existing recipes and develop new ones.

Home Bistro, Inc. (OTC PINK:HBIS) announced the release of an updated research report by Goldman Small Cap Research. The report is accessible through this link. Home Bistro operates an online platform that offers gourmet meals prepared by celebrity chefs, including Cat Cora and Ayesha Curry. Their Model Meals brand provides a Whole30 and Paleo approved meal prep service. The company warns that forward-looking statements in the release involve risks, including fundraising prospects and the impact of COVID-19 on business operations.

Home Bistro, Inc. (OTC PINK:HBIS) reported $309,161 in revenue for Q2 2021, down from $362,001 in Q2 2020 primarily due to the phasing out of an offline brand. Despite this, online meal orders surged by over 30% year-over-year, showcasing robust growth in their core business of celebrity chef-inspired meals. The company is expanding operations with plans to distribute Model Meals nationwide by October 2021, enhancing its production capacity and celebrity chef partnerships, suggesting potential revenue acceleration heading into Q4, its peak season.