BranchOut Food, Inc. Increases Production Capacity To $30 Million Run Rate, Feeding Demand From Private Label Opportunities ($BOF)BranchOut Food, Inc. (
NASDAQ: BOF), fresh off its June IPO, is wasting no time making what could be transformative revenue-generating agreements. In June, they announced a 2,250-store supply deal with Walmart (
NYSE: WMT). They followed that by announcing a commitment from Costco (
NYSE: COST) to add its products to their Los Angeles region.
Inking A 2,250 Store Deal With Walmart And Costco Expansion Steepens BranchOut Food, Inc. Growth Trajectory ($BOF)Weakness in BranchOut Food, Inc. (
NASDAQ: BOF) stock should be viewed as an opportunity. In fact, averaging in at these levels may be a gift that keeps on giving throughout 2023, as recent news further supports the case that BOF stock presents a value investment proposition too good to ignore.
After Inking Major Supply Deals With Walmart And Costco, Short Sellers Of BranchOut Food, Inc. Stock Could Be Ripe To Squeeze ($BOF)BranchOut Food, Inc. (
NASDAQ: BOF) went public last Friday. Since then, shorts have been feasting on shares, with estimates from investor discussion pointing toward FINRA records indicating anywhere from 46% to 114% of BOF shares are sold short. Of course, blogs discussing that "position" may or may not be exaggerated. But it doesn't take a stock guru to know that with only about 1.19 million shares outstanding, there could indeed be some trading floor shenanigans. In fact, it's more than likely; it's probable. Here's why.
BranchOut Food, Inc. Scores A 2,250 Store Supply Deal With Walmart ($BOF)It's been a month of milestones for BranchOut Food Inc. (
NASDAQ: BOF). Last week, they launched to the NasdaqCM with a roughly 1.2 million share IPO. Yesterday, 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.
