Barfresh Begins Selling "Pop & Go" 100% Juice Freeze Pops And Confirms Q3 Revenue Of Over $3.6M; Will Start Generating Revenue From Pop & Go In Q4 2024; Continues To Expect To Achieve Record Annual Revenue In Fiscal Year 2024 And YoY Margin Improvement

Company Starts Generating Revenue from Pop & Go in Fourth Quarter 2024

 

Preliminary Figures Indicate Record Quarterly Revenue of over $3.6 Million in Third Quarter 2024 without any sales from the new Pop & Go Offering

Company Continues to Expect to Achieve Record Annual Revenue in Fiscal Year 2024 and Year-over-Year Margin Improvement

LOS ANGELES, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group, Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, announced that it has commenced selling its new 100% juice freeze pop, "Pop & Go"™, to the education channel. The Company expects to start generating revenue from Pop & Go™ in the fourth quarter of this year.

Pop & Go™ contains a half-cup of fruit juice, no added sugars, no preservatives, artificial flavors or colors, and is compliant with USDA reimbursable meal programs and Smart Snack compliant. This new item complements the Company's existing school offerings, including 1:1 bulk easy pour, 5:1 juice concentrates, and Twist & Go products.

In addition to this product launch, Barfresh announced that preliminary figures indicate record quarterly revenue for the third quarter of over $3.6 million. This represents a 40% increase over the same period last year, driven by increased production capacity and accelerated customer wins. Barfresh will provide more detailed financial results and discuss the rollout of Pop & Go™ during its upcoming third quarter business update call.