Stryve Foods, Inc. manufactures, markets, and sells snacking products. Its product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brand names. The company is headquartered in Plano, Texas.
IPO Year: 2019
Exchange: NASDAQ
Website: stryve.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/25/2021 | $12.00 | Outperform | Cowen & Co. |
| 8/16/2021 | $15.00 | Buy | Craig Hallum |
36.4% Growth in Net Sales Year-over-YearGross Profit Up 122.1% versus Prior Year$2.9M in Gross Proceeds Raised to Support Growing Demand PLANO, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and nine months ended September 30, 2024. The Company reported continued revenue growth, improved gross margins, and reduced operating expenses, highlighting the effectiveness of its transformation strategy. Key highlights include net sales of $5.7 million, reflecting a 36.4% incr
PLANO, Texas, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the closing of its previously announced public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) was sold together with two
PLANO, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 third quarter results on Wednesday, November 13, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EST Wednesday, November 13, 2024. By Phone:Dial 1-800-717-1738 or 1-646-307-1865 at least 10 minutes before the call and ask to be joined into the Stryve call. A r
PLANO, Texas, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today announced the pricing of a public offering priced at-market according to Nasdaq rules of 3,670,886 shares of its Class A common stock and commons stock equivalents and warrants to purchase up to an aggregate of 7,341,722 shares of its Class A common stock at a combined public offering price of $0.79 per share (or prefunded warrant) and associated common warrants. Each share of Class A common stock (or prefunded warrant) is being sold together with two warrants each to p
FRISCO, Texas, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in creating healthy and convenient protein snacks, is pleased to announce a strategic partnership with Dot Foods, North America's largest food industry redistributor ("Dot"), as well as to announce the recently received award of new distribution, chainwide, with a leading retailer which is expected to drive meaningful volume for the Company and increase the presence of its products nationwide. Dot Foods PartnershipThe new partnership, set to begin in November 2024, is expected to help streamline Stryve's operations, allowing for improved service levels, enhanced operati
FRISCO, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in creating healthy and convenient protein snacks, today announced new and expanded distribution wins with a range of marquee retailers, reflecting the growing consumer demand for its healthy, high-protein snack brands, including Stryve, Vacadillos, and Kalahari. This announcement follows the successful completion of a product rotation in Costco's Southeast Region during the second quarter, which contributed significantly to the Company's momentum in the club channel. Building on this momentum, Stryve is excited to share that its products are now available in select BJ'
PLANO, Texas, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in creating healthy and convenient protein snacks, announces the launch of High Steaks, an innovative brand dedicated to providing high-quality, high-protein, human-grade pet treats. Stryve Foods, known for air-dried meat snacks under the brands Stryve, Vacadillos, and Kalahari, is bringing their premium, high protein, 0g sugar, simple ingredient meat products to your pet. High Steaks human-grade pet treats, are the perfect on-the-go solution for an active, and healthy dog. High Steaks treats feature real, air-dried beef as the primary component. Each treat is formul
Lowest Adj. EBITDA Loss1 in Company History with 34.8% Year-over-Year ImprovementGross Margin of 27.4% Shows Expansion of ~10pts versus Prior YearFY'24 Net Sales Guidance Range Implies YOY Growth of 30.0% to 46.9% PLANO, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and six months ended June 30, 2024. The Company reported strong sequential revenue growth, improved gross margins, and a continued reduction in net loss, reflecting the ongoing success of its b
PLANO, Texas, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 second quarter results on Wednesday, August 14, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Wednesday, August 14, 2024. By Phone: Dial 1-800-717-1738 or 1-646-307-1865 at least 10 minutes before the call and ask to be joined into the Stryve call. A repl
PLANO, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in creating healthy and convenient protein snacks, announces today that the Board of Directors elected Kevin Vivian as the new Chairman of the Board, effective immediately. Chris Boever, CEO commented, "I would like to thank Ted Casey for his leadership and strategic contributions in his role as Chairman and as one of the founders of the business. He has made an incredible impact in helping the company build its manufacturing capabilities and expertise so that we could develop our fantastic portfolio of brands. Our products uniquely deliver on the growing consumer trends
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Cowen & Co. initiated coverage of Stryve Foods with a rating of Outperform and set a new price target of $12.00
Craig Hallum initiated coverage of Stryve Foods with a rating of Buy and set a new price target of $15.00
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PLANO, Texas, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 third quarter results on Wednesday, November 13, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EST Wednesday, November 13, 2024. By Phone:Dial 1-800-717-1738 or 1-646-307-1865 at least 10 minutes before the call and ask to be joined into the Stryve call. A r
Lowest Adj. EBITDA Loss1 in Company History with 34.8% Year-over-Year ImprovementGross Margin of 27.4% Shows Expansion of ~10pts versus Prior YearFY'24 Net Sales Guidance Range Implies YOY Growth of 30.0% to 46.9% PLANO, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three and six months ended June 30, 2024. The Company reported strong sequential revenue growth, improved gross margins, and a continued reduction in net loss, reflecting the ongoing success of its b
PLANO, Texas, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 second quarter results on Wednesday, August 14, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Wednesday, August 14, 2024. By Phone: Dial 1-800-717-1738 or 1-646-307-1865 at least 10 minutes before the call and ask to be joined into the Stryve call. A repl
Retail Sales Velocity Increasing +23.2% Year-over-Year1Improved Adj. EBITDA Loss by 35.2% Year-over-Year3Reiterating Net Sales Guidance Range of $24M to $30M PLANO, Texas, May 14, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months ended March 31, 2024. Q1 2024 – Improved Mix and Growing MomentumThe Company has continued its strategic transformation in the first quarter of 2024 showing meaningful year-over-year improvements in sales mix with higher gross margins, lower operating ex
PLANO, Texas, May 12, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2024 first quarter results on Tuesday, May 14, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Tuesday, May 14, 2024. By Phone: Dial 1-800-717-1738 or 1-646-307-1865 at least 10 minutes before the call and ask to be joined into the Stryve call. A replay will be a
Improved Full-Year Adj. EBITDA Loss by 52.9% Year-over-Year3New Stryve Brand Packaging Driving 31.7% Increase in Retail Sales Velocity Year-over-Year1FY 2024 Guidance Implies Growth in Net Sales of Approximately 35% to 70% PLANO, Texas, April 01, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and twelve months ended December 31, 2023. Retail PerformanceIn measured channels, the Company's retail brands in the aggregate continue to outperform the overall meat snack category
PLANO, Texas, March 27, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal year 2023 results on Monday, April 1, 2024, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EDT Monday, April 1, 2024. By Phone: Dial 1-888-886-7786 or 1-416-764-8658 at least 10 minutes before the call and ask to be joined into the Stryve call. A replay will be avai
Improved Adj. EBITDA Loss by 35.0% Year-over-YearRetail Dollar Sales Growth of 21.0% Year-over-Year in Measured Channels146.8% Year-over-Year Reduction in YTD Operating Expenses Shows Transformation Progress PLANO, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and nine months ended September 30, 2023. The Company's products in the aggregate continue to outperform the category in measure
PLANO, Texas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces that it will release its fiscal 2023 third quarter results on Tuesday, November 14, 2023, after the market closes. In conjunction with the release, the Company has scheduled a conference call that will be hosted at 4:30 pm EST Tuesday, November 14, 2023. By Phone: Dial 1-888-886-7786 or 1-416-764-8658 at least 10 minutes before the call and ask to be joined into the Stryve call. A repla
Sequential Quarterly Net Sales Growth of 29.1%Reduced Sequential Quarterly Adj. EBITDA Loss by 32.3%, New Company RecordRetail Dollar Sales Growth of 34.8% Year-over-Year in Measured Channels PLANO, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and six months ended June 30, 2023. Chris Boever, Chief Executive Officer, commented, "In line with our pre-release on July 13th, our ne
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PLANO, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in creating healthy and convenient protein snacks, announces today that the Board of Directors elected Kevin Vivian as the new Chairman of the Board, effective immediately. Chris Boever, CEO commented, "I would like to thank Ted Casey for his leadership and strategic contributions in his role as Chairman and as one of the founders of the business. He has made an incredible impact in helping the company build its manufacturing capabilities and expertise so that we could develop our fantastic portfolio of brands. Our products uniquely deliver on the growing consumer trends
PLANO, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), a pioneer in healthy protein snacks, is excited to announce a strategic partnership with Acosta Group ("Acosta"), a prominent sales and marketing agency. The collaboration brings together the expertise and market reach of both companies, with a shared commitment to delivering high-quality products to consumers across the nation. Chris Boever, CEO of Stryve, expressed enthusiasm about the partnership, stating, "We are thrilled to join forces with Acosta Group. This collaboration aligns seamlessly with our vision to make healthy snacking accessible to a broader audience. Acosta's pr
PLANO, Texas, May 12, 2022 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. ("Stryve" or "the Company") (NASDAQ:SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announced leadership succession plans with the appointment of Christopher Boever as the Company's Chief Executive Officer starting on May 23, 2022. In connection with the appointment of Mr. Boever, Joe Oblas will transition to the new position of Chief Growth Officer. These changes are a part of a long-term succession plan that allows for an orderly transition, as well as the continued growth and
PLANO, Texas, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (NASDAQ:SNAX) ("Stryve" or "the Company"), an emerging healthy snack and eating platform disrupting traditional CPG categories, and a leader in the air-dried meat snack industry in the United States, today announced that Co-CEO and Chief Marketing Officer Jaxie Alt has given notice that she will resign from her roles with the Company, effective November 17, 2021 to pursue other career opportunities. After November 17, 2021, Ms. Alt will be retained in an interim capacity working on key strategic initiatives for the Company as it pursues its growth objectives. In this role, Ms. Alt will be a key contributor to organization
PLANO, Texas, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (NASDAQ:SNAX) ("Stryve" or "the Company"), an emerging healthy snack and eating platform disrupting traditional CPG categories, and a leader in the air-dried meat snack industry in the United States, today announced the appointment of Greg Christenson and Charlie Vogt to Stryve's Board of Directors (the "Board"), effective immediately. Mr. Christenson will serve as a member of the Audit Committee and Compensation Committee and Mr. Vogt will serve as a member of the Compensation Committee. The appointments of Mr. Christenson and Mr. Vogt will expand the Board to nine directors, six of whom are independent. "I am thrilled
For fiscal year 2024, Stryve Foods reiterates its net sales guidance, with expectations for volume acceleration in the 2nd half of the year contributing to considerable year-over-year gross margin improvement and increasing each quarter as more volume comes online.
Stryve Foods (NASDAQ:SNAX) reported quarterly losses of $(1.20) per share. This is a 43.93 percent increase over losses of $(2.14) per share from the same period last year. The company reported $4.60 million in sales this quarter. This is a 1.03 percent decrease over sales of $4.65 million the same period last year.
- SEC Filing
Shares of Stryve Foods, Inc. (NASDAQ:SNAX) fell sharply during Tuesday’s session following a fourth-quarter revenue miss. Stryve Foods posted adjusted loss of $1.90 per share, versus market estimates for a loss of $1.96 per share. The company’s sales came in at $2.887 million versus expectations of $5.009 million, according to data from Benzinga Pro. Stryve Foods shares dipped 25.2% to $1.0965 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers VivoPower International PLC (NASDAQ:VVPR) shares surged 315% to $6.10 after the company's Tembo subsidiary announced it will merge with the Nasdaq-listed Cactus Acquisition Corp. 1 Limited. Trio Petroleum Corp. (
Stryve Foods (NASDAQ:SNAX) reported its Q4 earnings results on Monday, April 1, 2024 at 04:20 PM. Here's what investors need to know about the announcement. Earnings Stryve Foods beat estimated earnings by 3.0%, reporting an EPS of $-1.9 versus an estimate of $-1.96. Revenue was down $2.52 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.01 which was followed by a 6.0% drop in the share price the next day. Here's a look at Stryve Foods's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -1.65 -1.87 -2.4 -2.25 EPS Actual -1.66 -1.66 -2.1 -1.95 Revenue Estimate 6.30M 7.41M 4.70M 5.54M Revenue Actual
Stryve Foods (NASDAQ:SNAX) reported quarterly losses of $(1.90) per share which beat the analyst consensus estimate of $(1.96) by 3.06 percent. The company reported quarterly sales of $2.887 million which missed the analyst consensus estimate of $5.009 million by 42.36 percent. This is a 46.63 percent decrease over sales of $5.409 million the same period last year.
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