Red Oak Hereford Farms(OTC) HERF

Red Oak Hereford Farms, Inc. is a company engaged in the marketing of branded fresh and processed beef products. Through its subsidiaries, it distributes products to retail supermarkets and food service markets across the United States.

Products and Services

• Fresh-boxed beef in traditional primals
• Processed beef products including beef jerky and sticks
• Convenience meals and precooked beef offerings

Growth Outlook

• Plans to expand product offerings with convenience meals
• Potential for increased market share in the beef industry
• Focus on enhancing distribution channels across the U.S.

Financial Highlights

• Recent quarterly net income of -$1,371
• Trailing twelve months show consistent operating losses
• Current market capitalization stands at $128,344

Red Oak Hereford Farms, Inc. operates in the agricultural farm products sector, focusing on beef production and distribution. The company has a strategic plan to diversify its product line, which may enhance its competitive edge in the market. Despite recent financial challenges, including operating losses, the company is positioned to explore growth opportunities through product innovation and improved distribution strategies. Investors may find interest in the company's potential to capture a larger share of the beef market as it expands its offerings.