Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a
pioneer in creating healthy and convenient protein snacks, is
excited to announce a significant expansion in its distribution
network. All three of the Company’s retail brands, Stryve,
Vacadillos and Kalahari, are gaining momentum in the marketplace.
The Company continues to build valuable relationships with retail
partners and is excited to share, that its products are now
available at Love’s Travel Stops, Sierra Trading, Anderson
Convenience Market, King’s Fuel, Energy North, AMCON Distributing
Company, Affiliated Foods, AGNE Distributors, Yesway/Allsups, Gate
Petroleum, Dickerson Oil, Circle K Florida, and have also expanded
distribution at HEB, AWG, Parker Company, Hot Spot, Lunds &
Byerly’s.
Stryve is committed to making high-quality,
protein-packed snacks accessible to consumers nationwide. The
addition of these prominent retailers to the Company’s distribution
network broadens its products’ availability while providing
consumers with convenient and nutritious on-the-go snacking
options.
"We are thrilled to partner with such esteemed
retailers to make our delicious and healthy snacks more widely
accessible," said Katie Grady, Chief Customer Officer at Stryve
Foods. "As a company, we are dedicated to providing consumers with
convenient, high-protein snack options that not only taste great
but also support a healthy and active lifestyle."
Stryve’s CEO, Chris Boever, commented, “I am
encouraged by our increasing distribution and improved sales
velocities. Our highly differentiated brands deliver significantly
more protein than traditional meat snacks. Our products are crafted
with high-quality beef and a blend of flavorful spices, free from
sugar and no artificial preservatives, nitrates, or other
additives, making them perfect snacks for health-conscious and
flavor seeking consumers alike. We are making fantastic progress in
our transformation; I am highly encouraged by our continued
performance and increasingly confident in our future.”
About Stryve Foods, Inc.Stryve
is a premium air-dried meat snack company that is conquering the
intersection of high protein, great taste, and health under the
brands of Braaitime, Kalahari, Stryve, and Vacadillos. Stryve sells
highly differentiated healthy snacking and food products in order
to disrupt traditional snacking and CPG categories. Stryve’s
mission is “to help Americans eat better and live happier, better
lives.” Stryve offers convenient products that are lower in sugar
and carbohydrates and higher in protein than other snacks and
foods. Stryve’s current product portfolio consists primarily of
air-dried meat snack products marketed under the Stryve®,
Kalahari®, Braaitime®, and Vacadillos® brand names. Unlike beef
jerky, Stryve’s all-natural air-dried meat snack products are made
of beef and spices, are never cooked, contain zero grams of sugar*,
and are free of monosodium glutamate (MSG), gluten, nitrates,
nitrites, and preservatives. As a result, Stryve’s products are
Keto and Paleo diet friendly. Further, based on protein density and
sugar content, Stryve believes that its air-dried meat snack
products are some of the healthiest shelf-stable snacks available
today. Stryve also markets and sells human-grade pet treats under
the brand Two Tails, made with simple, all-natural ingredients and
100% real beef with no fillers, preservatives, or by-products.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery,
convenience store, mass merchants, and other retail outlets, as
well as directly to consumers through its ecommerce websites and
through the Amazon and Walmart platforms. For more information
about Stryve Foods, Inc., visit www.ir.stryve.com.
* All Stryve Biltong and Vacadillos products
contain zero grams of added sugar, with the exception of the
Chipotle Honey flavor of Vacadillos, which contains one gram of
sugar per serving.
Cautionary Note Regarding
Forward-Looking StatementsCertain statements made herein
are “forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “may”, “will”, “would”, “could”,
“intend”, “aim”, “believe”, “anticipate”, “continue”, “target”,
“milestone”, “expect”, “estimate”, “plan”, “outlook”, “objective”,
“guidance” and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters, including, but not limited to, statements
regarding Stryve’s plans, strategies, objectives, targets and
expected financial performance. These forward-looking statements
reflect Stryve’s current views and analysis of information
currently available. This information is, where applicable, based
on estimates, assumptions and analysis that Stryve believes, as of
the date hereof, provide a reasonable basis for the information and
statements contained herein. These forward-looking statements
involve various known and unknown risks, uncertainties and other
factors, many of which are outside the control of Stryve and its
officers, employees, agents and associates. These risks,
uncertainties, assumptions and other important factors, which could
cause actual results to differ materially from those described in
these forward-looking statements, include: (i) the inability to
achieve profitability due to commodity prices, inflation, supply
chain interruption, transportation costs and/or labor shortages;
(ii) the ability to recognize the anticipated benefits of the
Business Combination or meet financial and strategic goals, which
may be affected by, among other things, competition, supply chain
interruptions, the ability to pursue a growth strategy and manage
growth profitability, maintain relationships with customers,
suppliers and retailers and retain its management and key
employees; (iii) the risk that retailers will choose to limit or
decrease the number of retail locations in which Stryve’s products
are carried or will choose not to carry or not to continue to carry
Stryve’s products; (iv) the possibility that Stryve may be
adversely affected by other economic, business, and/or competitive
factors; (v) the effect of the COVID-19 pandemic on Stryve; (vi)
the possibility that Stryve may not achieve its financial outlook;
(vii) risks around the Company’s ability to continue as a going
concern and (viii) other risks and uncertainties described in the
Company’s public filings with the SEC. Actual results, performance
or achievements may differ materially, and potentially adversely,
from any projections and forward-looking statements and the
assumptions on which those projections and forward-looking
statements are based.
Investor Relations Contact:Investor
Relationsir@stryve.com
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