NightFood Holdings, Inc. Announces that Nightfood Flavors Will Be Presented to Major Supermarket Chains During the 2019
June 20, 2019 at 08:30 am EDT
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NightFood Holdings, Inc. announced that Nightfood flavors will be presented to major supermarket chains during the 2019 summer/fall category review periods. Nightfood is a finalist for Best Ice Cream, Best Dairy Dessert, and Best New Brand. Each of the new dairy-free flavors is oat-based and contains pea protein. An oat base was chosen because oats naturally possess a sleep-friendly nutritional profile, featuring higher protein, higher fiber, lower glycemic index and high natural melatonin content. The Company announced that it recently confirmed distribution in a new supermarket chain with over 250 locations, which will begin carrying Nightfood this summer. Distribution has now been secured in four of the top-50 supermarket chains in the country, less than six months after manufacture of the first pint of Nightfood. Management is targeting 10,000 points of coast-to-coast supermarket distribution in place by March 31, 2020. In addition to the four new plant-based flavors, five new flavors of Nightfood dairy ice cream are also being finalized. While the new products will be presented in coming months to supermarkets, the first mass production of the new dairy-free items would be in early 2020 to fill those wholesale orders. The rapidly growing Company is projecting profitability here in 2019 on projected fourth quarter revenues exceeding $3 million.
Nightfood Holdings, Inc. is a holding company focused on identifying and exploiting market trends within the hospitality, food services, and consumer goods sectors. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and Future Hospitality Ventures Holdings, Inc. (Future Hospitality). Nightfood is a nighttime snack company, which is engaged in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. The Nightfood brand includes sleep-friendly versions of the nighttime snack formats. In addition to ice cream pints, its products include cookies, chips, ice cream sandwiches, candy, and nutrition bars. It is focused on offering two flavors in ice cream, Midnight Chocolate and Cookies n' Dreams. Future Hospitality is a provider of robotics and automation solutions to the hospitality and food service industries. It provides artificial intelligence (AI) enabled robotic solutions.