Revenue Growth Guidance
Barfresh Food Group reiterated full-year revenue guidance of 35% to 55% growth, based on progress in manufacturing capacity and first-quarter results.
Expansion in Education Channel
The company continues to sign new customers in the education channel, covering 95% of the U.S., indicating significant potential for growth.
New Product Launch
Launch of Pop & Go 100% Juice Freeze Pops in the education channel, targeting the lunch market, which is significantly larger than breakfast.
Manufacturing Capacity Expansion
Onboarding two new strategic partners to increase bottling capacity, expected to complete by the end of Q2 2025, in time for high season in Q3.
Growth Financing Secured
Secured $3 million in growth financing to support scaling of production capacity and meet growing customer demand, particularly in the education channel.