BranchOut Food Expends Third Contract With Nation's Largest Retailer, To Total $8M in Annualized Revenue
Portfolio Pulse from Benzinga Newsdesk
BranchOut Food has expanded its contract with Walmart, the nation's largest retailer, by $300,000, bringing the total annualized value to over $8M. BranchOut's dried fruit products are set to enter 1,400 stores in September 2024.
April 24, 2024 | 12:08 pm
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POSITIVE IMPACT
BranchOut Food's expanded contract with Walmart to over $8M in annualized revenue signifies a significant growth opportunity, with its products entering 1,400 stores by September 2024.
The expansion of BranchOut Food's contract with Walmart directly impacts its revenue and market presence, indicating a positive growth trajectory and increased consumer access through a significant retail channel.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Walmart's expanded contract with BranchOut Food, increasing the annualized value to over $8M and introducing dried fruit products into 1,400 stores by September 2024, enhances its product offerings.
Walmart's partnership expansion with BranchOut Food not only diversifies its product offerings but also strengthens its position in the healthy snacks market, potentially attracting more customers.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80