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BranchOut Food Announces Third Contract with Nation’s Largest Retailer, to Total $8M in Annualized Revenue

Retrieved on:

Wednesday, April 24, 2024

BEND, Ore., April 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced it has expanded its existing relationship with the nation’s largest retailer. The new agreement brings the total annualized value of commitments from the retailer to over $8.0 million annually.

Key Points:

BEND, Ore., April 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced it has expanded its existing relationship with the nation’s largest retailer.
The new agreement brings the total annualized value of commitments from the retailer to over $8.0 million annually.
Eric Healy, CEO of BranchOut Food, said, “We are excited to announce BranchOut Food has signed its third contract with the nation’s largest retailer, highlighting our growing relationship.
BranchOut’s private label offering is a key segment of our business and we are very pleased to be adding contracts with leading retailers across the country, adding long term value for stakeholders.”
Along with its established relationship with the nation’s largest retailer, BranchOut Food has built a strong relationship with the nation’s largest club warehouse retailer, reporting product success and repeat orders in the retailer’s Bay Area and Southern California regions.

Black Rock Coffee Bar Continues Rapid Expansion with its 38th Store Opening in the Phoenix Metro Area

Retrieved on:

Thursday, April 18, 2024

Coffee, Fastest, Black, Environment, Sun Belt, Privately held company, Inc., Philosophy, Nightclub

With five new Black Rock Coffee Bar locations opening in the last four months across the Grand Canyon State, and a total of 10 openings nationwide since January, the boutique coffee bar continues its growth trajectory, now boasting 43 stores across Arizona and 135 stores nationwide.

Key Points:

With five new Black Rock Coffee Bar locations opening in the last four months across the Grand Canyon State, and a total of 10 openings nationwide since January, the boutique coffee bar continues its growth trajectory, now boasting 43 stores across Arizona and 135 stores nationwide.
The new Black Rock Coffee Bar, located at 635 E. Hunt Hwy in San Tan Valley, will host a soft launch on Friday, April 19th, followed by its grand opening on Wednesday, April 24th.
We are excited to bring the unique Black Rock Coffee Bar experience to the thriving community of San Tan Valley,” said Mark Davis, CEO Black Rock Coffee Bar.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants

Retrieved on:

Wednesday, April 17, 2024

Sale, Warrant, Food technology, Public expenditure, Senior, Dehydration, Subscription business model, Fruit, Security, Control, Security (finance)

BEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company’s common stock.

Key Points:

BEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company’s common stock.
Each Warrant is exercisable for a ten-year period at an exercise price of $2.00 per share.
The Company has board approval to borrow up to $2,000,000 of Notes.
The sale was made to a group of seven investors pursuant to a First Amendment to Subscription Agreement dated April 15-16, 2024.

Black Rock Coffee Bar Expands its Texas Footprint with New Store Opening in San Antonio

Retrieved on:

Wednesday, April 3, 2024

Sun Belt, Environment, Inc., Privately held company, Philosophy, Coffee, Black, Fastest, Nightclub

Scottsdale, Arizona, April 03, 2024 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar , known for its premium roasted coffees, teas, smoothies and flavorful Fuel® energy drinks, has announced the grand opening of its newest store in San Antonio, Texas.

Key Points:

Scottsdale, Arizona, April 03, 2024 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar , known for its premium roasted coffees, teas, smoothies and flavorful Fuel® energy drinks, has announced the grand opening of its newest store in San Antonio, Texas.
This marks the fourth establishment in San Antonio and the 32nd in the Lone Star State, solidifying Black Rock Coffee Bar’s commitment to providing exceptional coffee experiences across Texas.
“We are excited to bring our signature blends and warm atmosphere to coffee enthusiasts in the San Antonio area,” said Mark Davis, CEO Black Rock Coffee Bar.
“This is just the beginning of our journey in San Antonio, and we have more exciting store openings on the horizon, so stay tuned!”
The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.

BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024

Retrieved on:

Tuesday, April 2, 2024

Giant, Food technology, Growth, Harmons, Nation, IPO, Security (finance), Convenience store, BranchOut, Fruit, Meal, Ready-to-Eat, Cryptocurrency

Eric Healy, CEO of BranchOut Foods, said, “We are very pleased with BranchOut Food’s significant growth and accomplishments since our IPO in June 2023.

Key Points:

Eric Healy, CEO of BranchOut Foods, said, “We are very pleased with BranchOut Food’s significant growth and accomplishments since our IPO in June 2023.
Our current commitments are now at $9.0M in annualized sales for 2024.
As a result, BranchOut Food has secured roughly $1.1 million in commitments for 2024, expanding into eight states.
In March 2024, BranchOut Food launched two new product lines, salad toppers and kids’ snack packs, at the Natural Products Expo West.

Black Rock Coffee Bar is Set to Open a New Store in Buckeye, Arizona

Retrieved on:

Tuesday, March 19, 2024

Sun Belt, Environment, Inc., Privately held company, Philosophy, Coffee, Black, Fastest, Nightclub

This is the boutique coffee chain’s 37th store in the Phoenix metro area and 42nd in the state, reinforcing Black Rock’s rapid growth in Arizona.

Key Points:

This is the boutique coffee chain’s 37th store in the Phoenix metro area and 42nd in the state, reinforcing Black Rock’s rapid growth in Arizona.
“We’ve always believed in fostering meaningful connections over exceptional coffee, and our commitment to these principles resonates deeply as we expand into Buckeye,” said Mark Davis, CEO Black Rock Coffee Bar.
“We invite the residents of Buckeye to join us in creating a vibrant hub where coffee lovers can gather, share stories and build lasting connections.”
The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

Deschutes Brewery Introduces Fresh Squeezed Non-Alcoholic IPA to the Market Alongside Black Butte Non-Alcoholic and Installs Groundbreaking Patented and Proprietary Non-Alcoholic Brewing Tech

Retrieved on:

Tuesday, March 19, 2024

BEND, Ore., March 19, 2024 (GLOBE NEWSWIRE) -- With over three decades of experience brewing delicious craft beers and delivering award-winning innovations, Deschutes Brewery has unveiled its next chapter of investment in the future of non-alcoholic brewing with the introduction of Fresh Squeezed Non-Alcoholic IPA. Crafted entirely in-house through a partnership with Sustainable Beverage Technologies (SBT) and utilizing the company’s patented BrewVo® technology in combination with Deschutes’ proprietary brewing methods, this groundbreaking technology allows Deschutes to create the best-tasting flavor-forward non-alcoholic beer on the market. The introduction of Fresh Squeezed Non-Alcoholic IPA comes on the heels of Deschutes’ first packaged non-alcoholic beer, Black Butte Non-Alcoholic, which quickly became the brewery’s highest rate-of-sale six-pack.

Key Points:

The introduction of Fresh Squeezed Non-Alcoholic IPA comes on the heels of Deschutes’ first packaged non-alcoholic beer, Black Butte Non-Alcoholic, which quickly became the brewery’s highest rate-of-sale six-pack.
At Deschutes, we are all for beer and proud to make beer for all,” said Julie Galbraith, CMO of Deschutes Brewery.
Inspired by America’s favorite craft porter, Black Butte, Black Butte Non-Alcoholic was Deschutes’ first packaged non-alcoholic beer.
The original Black Butte Porter and Black Butte Non-Alcoholic both feature updated packaging artwork with illustrations by artist Sam Larson.

BranchOut Food to Debut New Products at Natural Products Expo West

Retrieved on:

Wednesday, March 13, 2024

Expo, Food technology, Vegetable, BranchOut, Salad, Drink, Fruit, Parent

BEND, Ore., March 13, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it will debut a brand refresh and launch two new product lines at its exhibit at the Natural Products Expo West, held in Anaheim, CA from March 13-15, 2024.

Key Points:

BEND, Ore., March 13, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it will debut a brand refresh and launch two new product lines at its exhibit at the Natural Products Expo West, held in Anaheim, CA from March 13-15, 2024.
This year’s Expo expects to host more than 100,000 attendees and will showcase the newest natural and organic products in foods and beverages, clean beauty and home products, supplements and ingredients.
Natural Products Expo West is the industry’s largest trade show and works to satisfy consumer demand for products that align with their values, while supporting retailers looking to find the newest trending products to bring to store shelves.
Eric Healy, CEO of BranchOut Foods, said, “We are excited to bring BranchOut Food’s pioneering technology and products to retailers at this year’s Natural Products Expo West.

Black Rock Coffee Bar Continues Expansion in Arizona with Fifth Store Opening in Tucson, and 41st in the State

Retrieved on:

Tuesday, February 27, 2024

Philosophy, Privately held company, Sun Belt, Black, Coffee, Fastest, Inc., Environment

“Arizona holds a special place in our hearts and we are honored to continue our journey here in Tucson,” said Mark Davis, CEO Black Rock Coffee Bar.

Key Points:

“Arizona holds a special place in our hearts and we are honored to continue our journey here in Tucson,” said Mark Davis, CEO Black Rock Coffee Bar.
We invite people to come and feel the warmth of the environment Black Rock Coffee Bar provides.”
The new 2000-square-foot Black Rock Coffee Bar store showcases the boutique coffee chains’ signature industrial modern design.
Black Rock Coffee Bar’s mission is to be a positive force in the communities it serves.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.

Black Rock Coffee Bar Unveils its Delicious Spring Drink Collection to Celebrate the Season

Retrieved on:

Monday, February 26, 2024

Privately held company, Weather, Sun Belt, Honey, Ice, Milk, Coffee, Fastest, Inc., Vanilla, Marriage

Black Rock’s new Spring Drink offerings include:

Key Points:

Black Rock’s new Spring Drink offerings include:
Strawberry Blondie: Silky smooth espresso combined with a fruity and creamy taste.
Black Rock Coffee Bar, which is guided by three principles - coffee, community and connection, has more than 130 stores in the U.S. Its mission is to be a positive force in the communities it serves.
In 2023, Black Rock Coffee Bar ranked 1179th among America’s Fastest-Growing Private Companies by Inc. Magazine’s 5000 Annual List.
The Black Rock culture prides itself on providing opportunities for young people to learn how to lead, run a business, and develop people skills.