BranchOut Food Inc. (BOF)
BranchOut Food Inc. operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Bend, OR, US. The stock last traded at $4.34, up 2.48% on the session, giving a market capitalisation of $63.4M. On trailing twelve-month figures it carries a trailing P/E of -6.49, a net margin of -53.3%. Its beta of 0.64 implies it has historically moved less than the broad market.
BranchOut Food Inc. focuses on the development, marketing, sales, and distribution of a diverse range of nutritious, plant-based dried fruit and vegetable snacks and powders across the United States. The company's innovative snack offerings include items such as crispy avocado chips, soft banana bites, sweet pineapple chips, and savory brussels sprout and bell pepper crisps. They also manufacture powdered forms of avocado, banana, and blueberry. Beyond consumer goods, BranchOut Food supplies industrial-grade ingredients like bulk avocado powder, dried avocado pieces, and various other fruit powders and pieces. Their portfolio further encompasses indulgent chocolate-covered fruit items and private-label products tailored for retail clients. Established in 2017, the company, formerly known as AvoLov, LLC, rebranded to BranchOut Food Inc. in November 2021 and is headquartered in Bend, Oregon.
BranchOut Food Inc. is most often compared with the following Consumer Defensive names: