BranchOut Food Inc. (NASDAQ: BOF) provided a business update on May 14, 2026, highlighting record production levels and major customer deliveries that position the company for a record revenue second quarter. The company achieved its highest production months in history, approximately 46,000 kg per month in March and April, driven by preparation for the largest order in company history to the nation's second largest warehouse club retailer, continued industrial ingredient growth, and shipments to the nation's largest warehouse club retailer.
While first quarter revenue was below the record Q4 2025 results, this was primarily due to shipment timing as the company built substantial inventory to support large committed customer deliveries scheduled for Q2 2026. The company expects Q2 2026 to be a record revenue quarter driven by these deliveries.
The largest order in company history launched nationwide in over 600 locations at the nation's second largest warehouse club retailer. The product, Crunchy Fruit Chips, is performing exceptionally well, exceeding the retailer's internal thresholds for potential everyday placement. BranchOut estimates that an everyday program could represent approximately $15 million in annual recurring revenue.
In addition, a potential large-scale tolling partnership with a major household brand is nearing finalization. This partnership could generate approximately $6–7 million in annual revenue with significantly higher margins due to the customer supplying raw materials. The program would utilize the company's newly installed fourth large scale REV line on a nearly continuous 24/7 basis.
BranchOut continues expanding with the nation's largest warehouse club retailer through additional regional programs and new product launches, including Mango Chips in the Bay Area. The company is also seeing significant interest in multipack products for the back-to-school season, which could open placement opportunities in a new department within the retailer.
A major innovation meeting with the world's largest retailer showcased over 35 product concepts across multiple categories, generating strong buyer interest. Among the innovations were shelf-stable cheesecake bites, which transform fresh cheesecake into a shelf-stable snack. While initial expectations targeted launches in late 2026, management now believes many opportunities will progress into early 2027.
The ingredient and bulk supply channel continues to expand rapidly. BranchOut expects this channel to generate approximately $6–7 million in revenue during 2026, compared to nearly $2 million in 2025. The company is also expanding into the European private label market through a partnership with a German-based private label snack company, with an initial commercial order of approximately $500,000 expected soon.
Kaufman Capital continues to support growth with non-dilutive working capital financing, providing approximately $2.25 million in new capital during April and May 2026. This includes a $750,000 working capital loan and a warrant exercise for 500,000 shares, along with amendments to the convertible note extending the maturity date and reducing the interest rate.
For more information, visit the company's newsroom at https://tinyurl.com/bofnewsroom.
