Stryve Foods, Inc. Reports Fiscal 2024 Third Quarter Results
Stryve Foods, Inc. - Class A (SNAX)
Company Research
Source: GlobeNewswire
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% increase from the third quarter of 2023, and more than doubling gross profit year over year with a gross margin of 21.7%, as compared to 13.3% in the prior-year period. Q3 2024 – Momentum Continues with Expanded Distribution and Enhanced Financial Performance Stryve’s transformation continued in the
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News
- Stryve Foods Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Stryve Foods, Inc. Reports Fiscal 2024 Third Quarter Results [Yahoo! Finance]Yahoo! Finance
- Stryve Foods, Inc. Announces Closing of $2.9 Million Public OfferingGlobeNewswire
- Stryve Foods, Inc. Announces Timing of Fiscal 2024 Third Quarter ResultsGlobeNewswire
- Stryve Foods, Inc. Announces Pricing of $2.9 Million Public Offering Priced At-Market According to Nasdaq RulesGlobeNewswire
SNAX
Earnings
- 11/13/24 - Beat
SNAX
Sec Filings
- 11/22/24 - Form 8-K
- 11/18/24 - Form PRE
- 11/14/24 - Form 10-Q
- SNAX's page on the SEC website