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August 16 , 2021 Stryve Stryve Foods Announces Second Quarter 2021 Results Net Sales Increased 71.8 % Year Over Year to $ 7.4 Million Gross Profit Increased 148.3 % Year Over Year to $ 3.6 Million PLANO , Texas , Aug. 16 , 2021 ( GLOBE NEWSWIRE ) -- Stryve Foods , Inc. ( " Stryve " or " the Company " ) , ( NASDAQ : SNAX ) , an emerging healthy snack and eating platform disrupting traditional CPG categories , and a leader in the air - dried meat snack industry in the United States , today announced results for the second quarter ended June 30 , 2021 and provided a business update . Financial Highlights for the Second Quarter 2021 Versus the Prior Year Period • Net sales increased to $ 7.4 million , representing 71.8 % growth . • Gross profit increased to $ 3.6 million , representing 148.3 % growth . • Gross margin increased to 48.7 % compared to a gross margin of 33.7 % in the prior year period . • Strong wholesale gains contributing 45.6 % of net sales , increasing 57 % year over year , and included new distribution across Convenience , Food , Mass , and Dollar channels . • Strong ecommerce gains contributing 38.9 % of net sales , increasing 55 % year over year with growth across direct - to - consumer and Amazon . • Net loss of $ 5.6 million compared to net loss of $ 4.5 million in the prior year period . Joe Oblas , Co - CEO and Co - Founder and Jaxie Alt , Co - CEO and Chief Marketing Officer , stated , " During the second quarter , we delivered strong top - line growth and more than doubled our gross profit , following significant momentum achieved both in the first quarter 2021 and throughout 2020. We are rapidly growing across both wholesale and ecommerce channels as we successfully drive awareness , trial , and repeat of our products . Having already successfully integrated Kalahari Snacks in February to expand our position as the largest supplier and branded owner of air - dried meat snacks in the United States , this has already been a truly exciting year at Stryve and we are just getting started . " They added , " Looking ahead , we are encouraged by the new and expanded retail commitments for Stryve and our other brands to nearly 30,000 retail locations which will facilitate greater brand awareness , trial , and sales of these healthy air - dried meat snacking products . We are also beginning the rollout of a robust innovation pipeline in meat snacks and beyond . The newest addition to our healthy eating platform has just launched with the debut of Stryve's Collagen and Bone Broth product lines . We believe these high protein products deliver better nutrition and better taste than what are on the market today and our