Two New Grass-Fed Offerings Available to Retailers Nationwide Expanding Upon Vacadillos' Bold Flavor Lineup with Carne Asada Launching Stryve Original Sliced Brisket – a First of its Kind in the Category FRISCO, Texas, March 03, 2025 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (OTC: SNAX) (“Stryve” or the “Company”), a leader in high-protein, better-for-you snacking, is proud to announce the launch of four new, innovative products designed to meet evolving consumer demand for ultra-clean, high-protein, and flavorful meat snacks. The new lineup includes items for both the Stryve and Vacadillos brands.
Eliminates +$10 Million Future Lease Payments Optimizes Distribution & Fulfillment Network Estimated to Yield $1 Million Net Savings Annually Continued Execution of Management's Productivity & Transformation Agenda PLANO, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (OTC: SNAX) (“Stryve” or the “Company”), a leader in high-protein, better-for-you snacking, today announced the successful completion of a major network optimization initiative, marking another milestone in the Company's ongoing transformation. By transitioning fulfillment operations to a combination of redistribution partners, including Dot Foods, distributors, and third-party logistics providers, Stryve has successfully exited its final distribution center lease—an achievement expected to generate over $1 million in annual savings and drive significant operational efficiencies.
Stryve Foods, Inc.(Nasdaq: SNAX) Issues $9.4 Million of Preferred Stock and Transforms Balance Sheet by Eliminating $8.7 Million of Maturing Liabilities
Stryve Foods, Inc. (NASDAQ:SNAX ) Q3 2024 Results Conference Call November 12, 2024 4:30 PM ET Company Participants Will Pugh - SVP of Accounting Christopher Boever - Chief Executive Officer Alex Hawkins - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Operator Good afternoon, everyone, and welcome to the Stryve Foods Third Quarter Fiscal 2024 Financial Results Conference Call. [Operator Instructions] This call is being recorded on Wednesday, November 13, 2024.
Stryve Foods, Inc. (SNAX) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to loss of $1.66 per share a year ago.
36.4% Growth in Net Sales Year-over-Year Gross Profit Up 122.1% versus Prior Year $2.9M in Gross Proceeds Raised to Support Growing Demand PLANO, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and nine months ended September 30, 2024. The Company reported continued revenue growth, improved gross margins, and reduced operating expenses, highlighting the effectiveness of its transformation strategy.
PLANO, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the closing of its previously announced public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) was sold together with two warrants each to purchase one share of Class A common stock.
PLANO, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 third quarter results on Wednesday, November 13, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EST Wednesday, November 13, 2024.
PLANO, Texas, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the pricing of a public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) is being sold together with two warrants each to purchase one share of Class A common stock.
FRISCO, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a pioneer in creating healthy and convenient protein snacks, today announced new and expanded distribution wins with a range of marquee retailers, reflecting the growing consumer demand for its healthy, high-protein snack brands, including Stryve, Vacadillos, and Kalahari. This announcement follows the successful completion of a product rotation in Costco's Southeast Region during the second quarter, which contributed significantly to the Company's momentum in the club channel.