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Stock impact report

Stryve Foods, Inc. Reports Full Year Fiscal 2023 Results [Yahoo! Finance]

Stryve Foods, Inc. - Class A (SNAX) 
Company Research Source: Yahoo! Finance
PLANO, Texas, April 01, 2024 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snacking platform and leader in the air-dried meat snack industry in the United States, today reports financial and operating results for the three months and twelve months ended December 31, 2023. Retail Performance In measured channels, the Company's retail brands in the aggregate continue to outperform the overall meat snack category and that trend appears to be accelerating. The most recent 12-Week SPINS data reflects meaningful year-over-year improvement in measured channels for the Stryve family of brands with retail dollar sales increasing 18.9%, total dollar velocities increasing 12.5%, and market share increasing 8.3bps . Each of those year-over-year measures was exceeded in the most recent 4-Week SPINS data, which reflects an increase in retail dollar sales of 24.4%, and increase in total dollar velocities of 23.7%, and an increase in marke Show less Read more
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