Stryve Foods, Inc. (“Stryve” or “the Company”), (NASDAQ: SNAX), an
emerging healthy snack and eating platform disrupting traditional
consumer packaged goods (CPG) categories, and a leader in the
air-dried meat snack industry in the United States, today posted
its inaugural Quarterly Shareholder Report to the Investors section
of the Company’s corporate website at ir.stryve.com under “News
& Events” and “Financial Info.”
Stryve CEO, Joe Oblas, commented, “We’re excited
to unveil the Stryve Shareholder Report, as it creates a richer
medium for us to communicate with Stryve shareholders. We feel the
new format allows us to dive deeper into the exciting developments
across our Stryve business with elements of our innovative brands
shining through in a way that I’m sure our shareholders will
greatly appreciate.”
Included in the report is commentary regarding
Stryve’s fourth quarter financial results and its full year 2021
results. Additionally, as the Company looks to the future,
management discusses key distribution gains, new innovation,
strategic focus on creating efficiencies to drive towards
profitability, and shares its first look at guidance for 2022.
Conference Call Today
The Company will also host a conference call
today at 4:30 PM ET that can be accessed live over the phone by
dialing 631-891-4304. A telephone replay will be available after
the call and can be accessed by dialing 412-317-6671 and entering
the passcode 10018440. The replay will be available until Monday,
April 4, 2022.
There will also be a simultaneous, live webcast
available on the Investors section of the Company’s corporate
website at Stryve.com under “News & Events”. An archive of the
webcast will be available on the corporate website shortly after
the call has concluded.
For retail investors who would like to submit a
question for the leadership team, please email
raphael.gross@icrinc.com.
About Stryve Foods, Inc.
Stryve is an emerging healthy snacking and food
company that manufactures, markets and sells highly differentiated
healthy snacking and food products that Stryve believes can disrupt
traditional snacking and CPG categories. Stryve’s mission is “to
help Americans eat better and live happier, better lives.” Stryve
offers convenient products that are lower in sugar and
carbohydrates and higher in protein than other snacks and
foods.
Stryve’s current product portfolio consists
primarily of air-dried meat snack products marketed under the
Stryve®, Kalahari®, Braaitime®, and Vacadillos® brand names. Unlike
beef jerky, Stryve’s all-natural air-dried meat snack products are
made of beef and spices, are never cooked, contain zero grams of
sugar*, and are free of monosodium glutamate (MSG), gluten,
nitrates, nitrites, and preservatives. As a result, Stryve’s
products are Keto and Paleo diet friendly. Further, based on
protein density and sugar content, Stryve believes that its
air-dried meat snack products are some of the healthiest
shelf-stable snacks available today.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery, club
stores and other retail outlets, as well as directly to consumers
through its e-commerce websites and through the Amazon
platform.
For more information about Stryve, visit
www.stryve.com or follow us on social media at
@stryvebiltong.
* All Stryve Biltong and Vacadillos products
contain zero grams of added sugar, with the exception of the
Chipotle Honey flavor of Vacadillos, which contains one gram of
sugar per serving.
Forward Looking Statements
Certain statements made herein are
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “may”, “will”, “would”, “could”,
“intend”, “aim”, “believe”, “anticipate”, “continue”, “target”,
“milestone”, “expect”, “estimate”, “plan”, “outlook”, “objective”,
“guidance” and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters, including, but not limited to, statements
regarding Stryve’s plans, strategies, objectives, targets and
expected financial performance. These forward-looking statements
reflect Stryve’s current views and analysis of information
currently available. This information is, where applicable, based
on estimates, assumptions and analysis that Stryve believes, as of
the date hereof, provide a reasonable basis for the information and
statements contained herein. These forward-looking statements
involve various known and unknown risks, uncertainties and other
factors, many of which are outside the control of Stryve and its
officers, employees, agents and associates. These risks,
uncertainties, assumptions and other important factors, which could
cause actual results to differ materially from those described in
these forward-looking statements, include: (i) the inability to
achieve profitability due to commodity prices, inflation, supply
chain interruption, transportation costs and/or labor shortages;
(ii) the ability to recognize the anticipated benefits of the
Business Combination or meet financial and strategic goals, which
may be affected by, among other things, competition, supply chain
interruptions, the ability to pursue a growth strategy and manage
growth profitability, maintain relationships with customers,
suppliers and retailers and retain its management and key
employees; (iii) the risk that retailers will choose to limit or
decrease the number of retail locations in which Stryve’s products
are carried or will choose not to carry or not to continue to carry
Stryve’s products; (iv) the possibility that Stryve may be
adversely affected by other economic, business, and/or competitive
factors; (v) the effect of the COVID-19 pandemic on Stryve; (vi)
the possibility that Stryve may not achieve its financial outlook
and (vii) other risks and uncertainties described in the Company’s
public filings with the SEC. Actual results, performance or
achievements may differ materially, and potentially adversely, from
any projections and forward-looking statements and the assumptions
on which those projections and forward-looking statements are
based.
Contacts:
ICR Investor Relations:Raphael Gross, (203)
682-8253raphael.gross@icrinc.com
ICR Media Relations:Eric Becker, (303)
638-3469eric.becker@icrinc.com
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