BranchOut Food expands relationship with nation’s largest retailer

BranchOut Food announced that it has expanded its relationship with the nation’s largest retailer. The new agreement is valued at an estimated $7.6 million annually. BranchOut has renewed its contract with the retailer for two products and entered into a new contract for two additional products. The company received a 12-month contract extension for two dried fruit private label items that were first supplied in 2023. The new contract is for two additional dried vegetable private label items. The order for approximately 3,300 stores is about 50% larger than initially expected and is valued at an estimated $2.6 million on an annual basis. Shipments are scheduled to begin in May 2024. Eric Healy, CEO of BranchOut Foods, said, “We’re gratified that the first run of our products in the stores of the nation’s largest retailer has resulted in this contract extension. We’re especially excited to have received a new contract for two additional products, and for more stores than initially expected. Our private label business is an important growth engine for BranchOut, and these contracts with the nation’s largest retailer are just the tip of the potential that we see for this business segment.”