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Stryve Foods Inc - SNAX STOCK NEWS

Welcome to our dedicated news page for Stryve Foods (Ticker: SNAX), a resource for investors and traders seeking the latest updates and insights on Stryve Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stryve Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stryve Foods's position in the market.

News
Stryve Foods, Inc. Reports Full Year Fiscal 2023 Results
Rhea-AI Summary
Stryve Foods, Inc. reports improved full-year adjusted EBITDA loss by 52.9% year-over-year, with new brand packaging driving a 31.7% increase in retail sales velocity. The company's retail performance outperforms the meat snack category, showing significant growth in sales and market share. The year 2023 marked a strategic transformation for Stryve, focusing on quality revenue streams and operating leverage. Fiscal year 2024 outlook sets net sales guidance with expectations for substantial gross margin improvement. The company renewed its line of credit, extended bridge notes, and terminated the ATM equity facility to enhance liquidity needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.01%
Tags
earnings
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News
Stryve Foods, Inc. Announces Timing of Fiscal Year 2023 Results
Rhea-AI Summary
Stryve Foods, Inc. (NASDAQ: SNAX) will release its fiscal year 2023 results on April 1, 2024, after the market closes. The Company, known for its air-dried meat snacks, is disrupting traditional CPG categories.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.73%
Tags
earnings
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News
Stryve and Bitcoin – BTC Sweepstakes Launches Today
Rhea-AI Summary
Stryve Foods, Inc. announces the launch of a Bitcoin Sweepstakes, offering participants the chance to win $1,000 USD worth of Bitcoin. The sweepstakes will run from March 20, 2024, to June 20, 2024. Consumers can find Stryve's high-protein meat snack products at various retailers and online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
none
News
Stryve Foods is Proud to Announce New and Improved Retail Packaging Showcasing Thinly Sliced Steak: A Game-Changer in Snacking
Rhea-AI Summary
Stryve Foods, Inc. (NASDAQ: SNAX) relaunches its brand with innovative retail packaging featuring thinly sliced steak, boasting higher protein content, no preservatives, and zero sugar. Recent SPINS data shows a 39.3% increase in retail velocity, indicating consumer preference for healthier snack options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Stryve and Bitcoin – Creative Strategies to Generate Consumer Awareness, Drive Trial, and Build Loyalty – BTC Sweepstakes Announced
Rhea-AI Summary
Stryve Foods, Inc. announces a dual strategy to amplify growth and brand engagement, focusing on expanding distribution for its retail brands Stryve, Vacadillos, and Kalahari. The company introduces a Bitcoin Sweepstakes initiative to drive trial and repeat purchase, showcasing its commitment to consumer value and category growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.78%
Tags
none
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News
Stryve Foods Expands Distribution Footprint, Now Available at Leading Retailers Across the Nation
Rhea-AI Summary
Stryve Foods, Inc. (NASDAQ: SNAX) has announced a significant expansion in its distribution network, with its retail brands, Stryve, Vacadillos, and Kalahari, now available at a variety of prominent retailers. The Company is focused on making high-quality, protein-packed snacks accessible to consumers nationwide, with a commitment to providing convenient and nutritious on-the-go snacking options. CEO Chris Boever expressed optimism about the increasing distribution and improved sales velocities, highlighting the high protein content and natural ingredients of the Company's products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
News
Stryve Foods Announces Strategic Partnership with Acosta Group to Drive Retail Sales and Distribution Growth
Rhea-AI Summary
Stryve Foods, Inc. (NASDAQ: SNAX) partners with Acosta Group to expand market reach and deliver high-quality products. The strategic collaboration aims to leverage the expertise of both companies in healthy protein snacks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
partnership
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News
Stryve Foods Announces Major Distribution Expansion into Leading Retailers Across the United States
Rhea-AI Summary
Stryve Foods, Inc. (SNAX) expands strategic distribution into prominent retail chains, including Southeastern Grocers, Cub Foods, Lunds/Byerly's, Fresh Thyme, Lowes Foods, AAFES, Holiday Oil, Timewise, Family Express, and Dash In. This expansion solidifies Stryve's presence in key markets, reflecting its commitment to providing high-protein, low-carb, air-dried meat snack products to a wider audience. The recent distribution expansion, along with the nationwide distribution at Albertsons, marks a significant milestone for Stryve Foods, reinforcing its dedication to making nutritious snacks accessible to consumers nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
none
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News
Stryve Expands Distribution of Vacadillos, Now Available Nationwide at Albertsons Companies Inc. Stores
Rhea-AI Summary
SNAX: Stryve Foods Announces Nationwide Distribution of Vacadillos at Albertsons Stores. Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX) is thrilled to announce the nationwide distribution of its popular Vacadillos brand at Albertsons Companies, Inc. (“Albertsons”) stores. Vacadillos, known for its deliciously seasoned air-dried Carne Seca, caters to both flavor seekers and health-conscious consumers seeking a convenient protein snack. With a commitment to providing high-quality, great tasting, clean-label snacks, Stryve is excited to partner with the Albertsons Companies to make Vacadillos accessible to a broader audience. The strategic placement of Vacadillos in Albertsons stores aligns with Stryve’s mission to help Americans snack better by making its nutritious, on-the-go snacks readily available to more consumers across the country.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
none
News
Stryve Foods, Inc. Reports Third Quarter Fiscal 2023 Results
Rhea-AI Summary
Stryve Foods, Inc. (NASDAQ: SNAX) reports improved Adj. EBITDA Loss by 35.0% Year-over-Year, Retail Dollar Sales Growth of 21.0%, and a 146.8% Year-over-Year Reduction in YTD Operating Expenses. The company's products continue to outperform the category in measured channels, reflecting a positive response from consumers and retailers. The 24-week SPINS data shows significant year-over-year improvement in retail dollar sales, total distribution points, and equivalized price-mix.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.82%
Tags
earnings
Stock SNAX logo
Stryve Foods Inc

Nasdaq:SNAX

SNAX Rankings

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SNAX Stock Data

4.93M
1.94M
28.71%
8.49%
2.96%
Dog and Cat Food Manufacturing
Manufacturing
Link
United States
Plano

About SNAX

stryve was founded with a passionate purpose: to create delicious and nutritious, high-protein snacks to help you curb cravings and achieve your fitness goals. get going and stryve on!