BranchOut Food expects record Q4 revenue 

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:

Key Details

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

Reuters Recommended Reads

• Oct 22 - Vita Coco Q3 sales rise, beat analyst estimates

• Oct 22 - Tootsie Roll's Q3 EPS falls, hurt by Halloween sales timing and higher costs

• Oct 22 - Nestle beats sales forecasts as CEO's turnaround gains pace

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)