Barfresh Announces Major Northeast School District Wins as It Continues National Educational Expansion
Rhea-AI Summary
Barfresh Food Group (Nasdaq: BRFH) announced significant expansion in the Northeast U.S. K-12 education channel, adding over 700 schools serving approximately half a million students. The expansion includes Pennsylvania's largest school district with 200,000+ students across 300+ schools.
The company is implementing its Twist & Go™ smoothies in breakfast programs, while some districts are testing the new Pop & Go™ 100% Juice Freeze Pops for lunch menus. Notably, lunch menu placement typically generates 3-5 times higher volume compared to breakfast placements.
In testing at Pennsylvania's largest school district, all three Pop & Go™ flavors ranked first, second, and third among all new lunch menu items tested, achieving the highest overall scores. The rollouts will continue across the 700+ schools in the coming months and into the 2026 school year.
Positive
- Secured contracts with 700+ new schools serving approximately 500,000 students
- Penetration into Pennsylvania's largest school district (300+ schools, 200,000 students)
- Pop & Go™ products ranked top 3 positions in new product testing
- Potential 3-5x volume increase through lunch menu expansion versus breakfast-only placement
Negative
- None.
News Market Reaction
On the day this news was published, BRFH gained 8.12%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Northeast Region Growth Adds Over 700 Schools as Barfresh’s K-12 Market Presence Strengthens
New Pop & Go™
LOS ANGELES, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the “Company” or “Barfresh”) (Nasdaq: BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced an expansion of its K-12 education channel across the Northeast United States. The expansion encompasses multiple new school districts, representing more than 700 schools and serving approximately half a million students throughout the region. Several of these major districts have already begun rolling out Barfresh’s Twist & Go™ smoothies into their breakfast programs and some of these school districts are planning to implement the products in upcoming menu cycles. Some of these School districts have also begun testing Barfresh’s new Pop & Go™
Notably, among these new wins is Pennsylvania’s largest school district, serving approximately 200,000 students across 300+ schools, which recently commenced rolling out Barfresh’s Twist & Go™ smoothies on their breakfast menu. In addition to the Twist & Go™ rollout, this same school district recently completed administrator and student testing of Barfresh’s newest Pop & Go™
Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “This northeast expansion represents a significant step in our national growth strategy. The education channel continues to be a key driver for Barfresh, and these new wins demonstrate the strong market demand for our better-for-you product offerings. The initial implementations have been highly successful, and we're excited to complete the remaining rollouts across these 700+ schools in the coming months and beginning in the new 2026 school year. The overwhelming positive response to our new Pop & Go™
About Barfresh Food Group
Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink beverages, including smoothies, shakes and frappes, primarily for the education market, foodservice industry and restaurant chains, delivered as fully prepared individual portions or single serving and bulk formats for on-site preparation. The Company’s single serving, on-site prepared product utilizes a proprietary, patented system that uses portion-controlled pre-packaged beverage ingredients, delivering a freshly made frozen beverage that is quick, cost efficient, better for you and without waste. For more information, please visit www.barfresh.com.
Forward Looking Statements
Except for historical information herein, matters set forth in this press release are forward-looking, including statements about the Company’s commercial progress, success of its strategic relationship(s), and projections of future financial performance. These forward-looking statements are identified by the use of words such as “grow”, “expand”, “anticipate”, “intend”, “estimate”, “believe”, “expect”, “plan”, “should”, “hypothetical”, “potential”, “forecast” and “project”, “continue,” “could,” “may,” “predict,” and “will” and variations of such words and similar expressions are intended to identify such forward-looking statements. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the Company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the Company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. The contents of this release should be considered in conjunction with the Company’s recent filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, including any warnings, risk factors and cautionary statements contained therein. Furthermore, the Company expressly disclaims any current intention to update publicly any forward-looking statements after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.
Investor Relations
John Mills
ICR
646-277-1254
John.Mills@icrinc.com
Deirdre Thomson
ICR
646-277-1283
Deirdre.Thomson@icrinc.com