BranchOut Foods Scores A Massive Deal With Walmart, Will Supply 2,250 Stores ($WMT) ($BOF)

BranchOut Food Inc. (NASDAQ: BOF) reached a major milestone last Friday with its IPO. Now, they scored a second. Pre-market on Tuesday, BOF announced scoring a major deal with Walmart (NYSE: WMT) to supply multiple dehydrated fruit items to 2,250 of the retailer’s stores or about 50% of their national locations. This agreement can be considered more than another milestone reached; it’s a catalyst. And it should send revenues appreciably higher faster than many expected. Additionally, when a retailer like WMT signs a deal, expect other giants to follow, especially when it involves game-changing products similar to those that BranchOut Foods brings to the markets. BOF management is bullish on the deal, saying in its release they expect the agreement to do more than strengthen the company’s presence in the mainstream retail market; it’s expected to generate a substantial percent increase in revenue and profitability.

This deal expands on an already strong collaborative relationship with Walmart. And the better news going forward is that the success of this relationship has laid the foundation for further expansion and growth opportunities. In fact, BranchOut Food Inc. noted working on a second project to supply several additional items across 100% of Walmart’s stores, intending to make its wide range of dehydrated fruit and vegetable products available to customers in every corner of the country. Additional details of this second project will be announced soon.

Eric Healy, CEO of BranchOut Food Inc., said, “We are honored and excited to have been awarded this major supplier contract with Walmart.” He added, “This contract not only represents a significant milestone for our company, but it also highlights the growing demand for our healthy, convenient snacks. We are proud to be offering Walmart’s customers our premium dehydrated fruit products, and we look forward to continuing to build on this success.” With shipments to stores starting last May, BOF’s growth, revenue-generating momentum, and expansion of this deal can happen sooner than later.

Notably, BOF highlights that the WMT collaboration is the first of several similar projects with multiple prominent national retailers that BranchOut Food Inc. has secured. These contracts are set to be announced in the near future, and should expedite BOF’s mission to expanding its presence in the retail market, delivering innovative and wholesome products to a wider audience.

In pre-market trading, BOF shares are surging by 21% to $5.34.

For more information about BranchOut Food Inc. and its range of dehydrated fruit and vegetable products, please visit www.branchoutfood.com.

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