BOF posts a wider y/y loss in Q1 as revenues fall. But management expects record Q2 sales, driven by major customer deliveries and production growth.
BranchOut Food NASDAQ: BOF executives said the company is focused on increasing factory utilization, diversifying its customer base and building inventory to support what management expects to be a record second quarter.
Record Production in March and April Positions Company for Expected Record Revenue Q2 Driven by Major Customer Deliveries. Key Highlights: BEND, Ore.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Brian Krause Cascade Financial Partners, LLC | 25,000 | $51,250 | $89,250 | $38,000 | 74.15% |
| Food Products Industry | Consumer Staples Sector | Eric Healy CEO | NASDAQ (CM) Exchange | 105230106 CUSIP |
| US Country | 185 Employees | - Last Dividend | - Last Split | - IPO Date |
BranchOut Food Inc. is an innovative company in the food industry, focusing on developing, marketing, selling, and distributing plant-based dehydrated fruit and vegetable snacks, and powders throughout the United States. Originating as AvoLov, LLC, the company underwent a rebranding to BranchOut Food Inc. in November 2021. Established in 2017 and headquartered in Bend, Oregon, BranchOut Food Inc. strives to offer healthier snack alternatives and ingredients by leveraging the natural benefits of fruits and vegetables in dehydrated form.