Borealis Foods Introduces Woodles Into U.S. School Lunch Programs; Expects Revenue And Gross Profit Contribution In H2 2024 And Beyond
Portfolio Pulse from Benzinga Newsdesk
Borealis Foods is introducing its product, Woodles, into U.S. school lunch programs. The company anticipates that this will contribute to revenue and gross profit starting in the second half of 2024.
September 23, 2024 | 12:34 pm
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Borealis Foods is launching Woodles in U.S. school lunch programs, which is expected to boost revenue and gross profit from the second half of 2024.
The introduction of Woodles into U.S. school lunch programs represents a significant expansion for Borealis Foods, potentially increasing market penetration and sales. The expected revenue and profit contribution starting in H2 2024 suggests a positive outlook for the company's financial performance.
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