Red Oak Hereford Farms, Inc.
HERF
Other OTC0.01
USD
- -
- -
ISIN
US7567901019
CUSIP
756790101
Return %
Stock
S&P500
1Y
-48.72
26.84
3Y
-84.00
77.03
5Y
33.33
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gordon Reisinger
- Full Time Employees
- 22
- Sector
- Consumer Defensive
- Industry
- Agricultural Farm Products
- Address
- 2010 Commerce Drive Red Oak IA United States of America 51566
- IPO Date
- Dec 2, 1996
- Website
- redoakherefordfarms.com
- Similar Companies
- Business
- Red Oak Hereford Farms, Inc. (HERF) is a holding company that procures, harvests, processes, markets, and distributes premium branded fresh beef and processed beef products, including Certified Hereford Beef and precooked items such as jerky through its subsidiaries Red Oak Farms, Inc. and My Favorite Jerky, LLC; it also engages in buying and selling feeder cattle via its wholly owned subsidiary Midland Cattle Company, Inc. The company offers chef-created, nutritionist-approved healthy cooked-meal delivery services utilizing state-of-the-art processes and logistics technology, targeting underserved communities primarily across California. Its products serve diverse channels including retail supermarkets, mass retail and club stores, convenience stores, hotel, restaurant, and institutional trade (HRI), food service, mail order, and e-commerce markets throughout the United States. Founded on July 7, 1989, originally as Wild Wings, Inc. before changing its name to Red Oak Hereford Farms, Inc. in 1997 following acquisitions of cattle operations, the company maintains its principal executive offices at 1333 North Buffalo Drive, Suite 20, Las Vegas, Nevada 89128, with operational facilities at 2010 Commerce Drive, Red Oak, Iowa 51566. In recent developments, on August 19, 2021, the company entered a Securities Purchase Agreement with Alpharidge, pursuant to which preferred shares were issued in exchange for $5,000 to fund Nevada state reinstatement, settlement of transfer agent balances, and ongoing operational support, with the investor committing to due diligence on potential partners, joint ventures, and acquisitions in the food and nutrition industry. The firm continues to pursue strategic expansions through acquisitions of food, nutrition, farm, and food technology operations as resources permit, alongside a shift in focus toward fresh farm products and healthy meal delivery services. As of its December 31, 2024 annual report filing, Red Oak Hereford Farms operates without subsidiaries beyond those noted and emphasizes diligence in identifying growth opportunities in its core sectors.