Borealis Foods Announces $3M Stock Buyback Program
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SC 13G/A - Borealis Foods Inc. (0001852973) (Subject)
8-K - Borealis Foods Inc. (0001852973) (Filer)
10-Q - Borealis Foods Inc. (0001852973) (Filer)
S-8 - Borealis Foods Inc. (0001852973) (Filer)
Results Highlighted by Continued Gross Margin Improvement NEW YORK, Nov. 14, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (NASDAQ:BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, today announced financial results for its third quarter ended September 30, 2024. Financial & Business Highlights Third quarter net sales of $7.7 million, compared with $5.3 in Q2 2024, representing improvement of over 45% from $5.3 million.Gross margin of 17% more than doubled from 8% in the seco
Borealis Foods' wholly-owned consumer packaged goods company, Palmetto Gourmet Foods, takes on production of exclusive line of ramen noodles for a food conglomerate. NEW YORK, Nov. 13, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (NASDAQ:BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, announced a partnership that will significantly expand production at its wholly owned Palmetto Gourmet Foods facility. This agreement, signed with one of the world's largest and most diversi
Food innovator has amassed over 2.166 million units sold of their unique ramen products on the online platform NEW YORK, Nov. 4, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (NASDAQ:BRLS), a food-tech innovator known for its popular high protein Chef Woo brand announced a major milestone: Reaching 2 million units sold through their direct-to-consumer channel on Amazon. Reza Soltanzadeh, Founder and CEO of Borealis Foods expressed his enthusiasm, saying, "Our mission to bring healthy, delicious ramen and affordable, quality ramen options to the market has been accelerated through Amazon. This success demonstrates that, as we expand our distribution and coverage acros
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4 - Borealis Foods Inc. (0001852973) (Issuer)
4 - Borealis Foods Inc. (0001852973) (Issuer)
4 - Borealis Foods Inc. (0001852973) (Issuer)
Dear Fellow Shareholders:I'm thrilled to share with you the exciting progress Borealis has made, setting the stage for even greater achievements ahead. Our dedicated team has been hard at work, and the fruits of our labor are becoming increasingly evident as we move toward the second half of the year.Here are some key highlights that fill me with optimism:Continued refinement of product mix is positively impacting gross margin – By strategically refining our product mix to include higher-margin items, we've not only achieved gross profit for the past two quarters (with reference to the pre-business combination entity as to Q4 2023), but we believe we have also laid a solid foundation for fut
Shares of Urban Outfitters, Inc. (NASDAQ:URBN) rose sharply in today's pre-market trading after the company reported better-than-expected financial results for its first quarter on Tuesday. The company reported quarterly earnings of 69 cents per share, which beat the analyst consensus estimate of 52 cents. Quarterly sales clocked in at $1.2 billion, beating the analyst consensus estimate of $1.175 billion, according to data from Benzinga Pro. Urban Outfitters shares jumped 6.7% to $44.10 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers MGO Global, Inc. (NASDAQ:MGOL) gained 91.2% to $2.39 in pre-market trading. MGO Global shar