Red Oak Hereford Farms, Inc. (HERF) Research
Red Oak Hereford Farms, Inc., through its affiliates Red Oak Farms, Inc. and My Favorite Jerky, LLC, markets a range of branded fresh and processed beef products. These items are distributed across the United States to retail grocers, food service establishments, and directly to consumers. Additionally, its wholly-owned division, Midland Cattle Company, Inc., actively participates in the wholesale market for feeder cattle, managing their purchase and sale. The company's primary revenue streams come from fresh-boxed beef, featuring traditional primal cuts like short loins, ribs, chucks, and rounds, as well as frozen primal selections. Looking toward the future, Red Oak Hereford Farms plans to diversify its offerings by acquiring and processing various goods, in addition to its beef, to develop convenience meals. This expansion will include products such as its Premium Beef pre-cooked items, frozen ground chuck patties, other ready-to-eat options, and beef jerky and sticks.
Market snapshot
- Symbol
- HERF
- Price
- $0.01
- Day change
- +5.00%
- Market cap
- $134.8K
- P/E ratio
- -21.36x
- 52-week range
- 0.004-0.038
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
Peer companies
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