BranchOut Food expects record Q4 revenue

Branchout Food

Yesterday 21:16

Overview
U.S. snack and ingredient maker's Q3 revenue was about $1 mln, reflecting delivery timing
Company expects record Q4 revenue of $6 mln to $7 mln, up 50–75% yr/yr
Shift to recurring revenue model with new $4 mln quarterly base, improved gross margin expected

Outlook
BranchOut expects Q4 revenue of $6 mln to $7 mln, up 50–75% year over year
Company projects recurring revenue base of about $4 mln per qtr heading into 2027
Ingredient revenue projected at $6–7 mln in 2026 and over $10 mln in 2027
Co expects gross margin to improve in Q4 due to lower in-season raw material costs for strawberry and blueberry programs

Result Drivers
RECURRING REVENUE BASE - Co said new everyday retail programs and expanded ingredient orders are establishing a recurring revenue base of about $4 mln per qtr
RETAIL AND INGREDIENT PROGRAMS - Major launches at warehouse clubs and mass retailers, plus expanded industrial ingredient orders, are driving higher Q4 revenue

Company press release: ID:nGNX92CB9t

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$1 mln
$1.75 mln (1 Analyst)

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the food processing peer group is "hold."
Wall Street's median 12-month price target for BranchOut Food Inc is $6.00, about 181.7% above its October 21 closing price of $2.13

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)