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LOS ANGELES - Barfresh Food Group (OTC:BRFH) Inc. (NASDAQ:BRFH), a manufacturer and distributor of ready-to-blend and ready-to-drink beverages, has announced securing multiple new customers within the Midwest education market. The recent additions approximate 1,300 schools, several of which have already incorporated Barfresh’s smoothie beverages into their breakfast menus. The expansion is set to continue through the start of the 2025-26 school year. According to InvestingPro data, the company has demonstrated strong growth with revenue increasing 29% over the last twelve months, and analysts anticipate continued sales growth in the current year.
A significant milestone in this expansion is the approval from AEA purchasing, a regional educational service agency that influences menu selections for about 1,200 schools in the Midwest. Following successful testing, Barfresh’s Twist & Go™ smoothies have been approved for breakfast and a la carte menus, with initial rollouts commencing in several member schools. The company anticipates further adoption within the AEA network during the next school year.
Riccardo Delle Coste, CEO of Barfresh, commented on the expansion, highlighting the Midwest as a key area for growth in the K-12 education sector. He noted the importance of partnerships with regional educational service providers and the positive response from schools as evidence of demand for healthier beverage options.
In addition to smoothies, Barfresh is testing a new product, Pop & Go™ 100% Juice Freeze Pops, aimed at the lunch menu segment, which typically sees higher placement volumes than breakfast. This product is expected to contribute to the company’s growth as it prepares for a national rollout.
Barfresh Food Group specializes in single-serving, on-site prepared beverages with a focus on the education market, foodservice industry, and restaurant chains. Their patented system delivers freshly made frozen beverages that are quick, cost-efficient, and minimize waste.
This announcement is based on a press release statement and should be considered alongside the company’s filings with the Securities and Exchange Commission, which contain important cautionary statements and risk factors.
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