HOME BISTRO INC - HBIS STOCK NEWS

Home Bistro (OTC PINK:HBIS) has launched shipping of meals inspired by Chef Daina Falk, known for her game day cuisine. CEO Zalmi Duchman highlighted the addition of celebrity chefs to their platform, expanding their culinary offerings. Currently, meals by two chefs are available, with three more chefs in development and expected to launch in the next three months. This aligns with Home Bistro's strategy to enhance menu diversity and reach more consumers.

Home Bistro (OTC PINK:HBIS) has announced the relocation of its east coast operations to a 5,000 square foot culinary facility in Pembroke Park, FL, enhancing its capacity for fresh meal delivery. CEO Zalmi Duchman highlighted that this state-of-the-art facility allows for better food production and ensures the cold chain remains intact, promising fresher meals delivered directly to customers. The company's model meals lifestyle brand continues to provide gourmet meals developed by renowned celebrity chefs, aiming to improve overall customer experience.

Home Bistro, Inc. (OTC PINK:HBIS) has entered into a licensing agreement with Ayesha Curry, acquiring her Homemade Meals LLC. This partnership allows Home Bistro to offer ten of Curry's chef-inspired meals directly to consumers starting October 2021. Ayesha Curry, a two-time New York Times best-selling author and a popular television host with over 7.3 million followers, aims to simplify meal preparation for busy families. Furthermore, a portion of each meal sold will contribute to combating hunger in America, aligning with the social mission of the partnership.

Home Bistro, Inc. (OTC PINK:HBIS) has launched a new delivery system utilizing vacuum skin-packaging for its gourmet meals. This innovative packaging enhances product durability, flavor, and shelf-life, allowing meals to remain fresh for up to 14 days in the refrigerator. CEO Zalmi Duchman noted this shift marks a significant investment in technology and equipment, facilitating quicker meal preparation for customers. Home Bistro continues to improve customer experiences through technological advancements.

Home Bistro, Inc. (OTC:HBIS) has announced its acquisition of Model Meals, a California-based healthy meal service, for approximately $2.1 million. This acquisition enhances Home Bistro's operations by extending food production capabilities to the West Coast, allowing overnight shipping to most U.S. customers. Model Meals generated $2.2 million in gross revenue in 2020 and will operate as a wholly-owned subsidiary. Leadership from Model Meals will remain, enhancing Home Bistro's management team.

Home Bistro (OTC PINK:HBIS) has announced a partnership with celebrity chef Claudia Sandoval to launch a new line of gourmet Mexican meals. This addition is expected to cater to the growing popularity of Mexican cuisine in the U.S., which ranks third among menu types. The collaboration aims to boost exposure to the Hispanic consumer market. The new meals will be available on Home Bistro's platform by September 2021. Home Bistro continues to expand its offerings, including meals inspired by notable chefs such as Cat Cora.

Home Bistro, a provider of gourmet meals, announced an updated research report by Goldman Small Cap Research on June 9, 2021. The report discusses the company's growth objectives and industry outlook. Home Bistro specializes in direct-to-consumer, heat-to-eat meals crafted by celebrity chefs, including Cat Cora. This press release includes forward-looking statements regarding the company's financial performance and operational plans, cautioning investors about the inherent risks and uncertainties.

Home Bistro (OTC PINK: HBIS) announced a new partnership with celebrity chef Roblé Ali and a collaborative meal development initiative during an interview with CEO Zalmi Duchman. This partnership aims to enhance the company’s offerings of gourmet, ready-made meals inspired by celebrity chefs, further expanding its market presence. The interview is available for listening on YouTube. Home Bistro focuses on direct-to-consumer gourmet meal delivery, with new products developed by renowned chefs, including Cat Cora.

Home Bistro (OTC PINK:HBIS) reports a solid first quarter for 2021, achieving revenue of $350,474, a slight increase from $303,765 in Q1 2020. Meal orders surged by 203%, while sales of premium chef meals rose 104% year-over-year. The company is transitioning to fresh vacuum skin-packaging to enhance products. However, it recorded a net loss of $(521,534) compared to $(79,991) in the prior year, primarily due to increased costs and non-cash charges. Growth plans include new partnerships and expanding distribution centers.