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Why would you consider a post that presents evidence of the NIghtfood Sleep-friendly Cookie production as hype?
Cookies - GPO - Airlines - It's a matter of time.
IMO we are getting closer to a PR on not only the FIRST IHC announcement - but also an additional MAJOR Distributor announcement.
There could even more details on an international airline deal?
Maybe those who doubt should check out the packaging in production for the cookies below;
Nightfood PrimeTime Chocolate Chip Packaging
Nightfood could soon be the Decaf Cookie at Double Tree?
I am someone who does not eat these amazing cookies from Double Tree unless it is with a morning coffee?
DoubleTree Signature, Warm Cookie
Imagine if there was a better option to eat before bed? Oh wait....there is...it is the NEW NGTF Cookie!!!
Some comments from the CEO of Nightfood SM Site 08/15/22.
Sean;
1. We’re adding new hotels every week and working to get more management companies and chains signed up.
2.This is a dynamic and non-linear process.
3. We will provide updates when rollouts are executed (or confirmed), and we have approval to make public
4. Interim dates, times, and numbers may vary from time to time but like the F&B person from one of the five global hotel companies said to me and Jill on our call Friday “I can see how this can be everywhere…all the chains will need to have it.”
Will that turn into placement in all their properties here in 2022? Will it turn into a big fat zero? Will they initiate a 6 (or 60) month test? Who knows?
I THINK we’ll be pretty much everywhere soon enough
I know some people don’t have faith or patience or inclination to sit tight as we move through the process, which is hard to predict and tricky to execute among employee turnover and rollout delays from multi-billion dollar hotel chains that are out of our control.
That’s why we built in what we believe was sufficient cushion with our 9 month target.
We are in properties from the 6 largest hotel companies in the US and things are continuing to progress.
It's certainly true that certain hotels took longer than expected, and may continue to take longer than expected.
It’s also true we could get a call at any point that we’re launching into thousands of new properties on a few weeks notice. That’s just the reality
Or they may not put us in at all
All I can do is speculate on much of that at this point (which I don’t think makes for a very exciting update )
We’re moving forward coming off two successful corporate level tests and working towards making our snacks industry standard
I believe we will get where we’re going and get there sooner than some people believe and slower than many others would want
This is a pretty big undertaking and I think things are going pretty well. And I understand if you disagree.
How about Nightfood Chip Ezzzzz
“Charts are voodoo when used to predict the future of a stock price”.
Are you using them to predict the stock price in the past?!? LOL
Vistar - Nightfood - Preferred or Exclusive Supplier?
Nightfood is not likely a preferred or exclusive supplier with Vistar
IMO they may well become preferred but unlikely to ever be exclusive.
With 56,000 hotels Nightfood will need to partner with a number of other distributors.
Hmmmm...go figure?!?
I would not under estimate the value of a corporate level partnership with one of the Top 5 International Hotel Company?
The “Who” is arguably irrelevant IMO. The fact that any one of the top 5 would spend 6 months evaluating a product in itself speaks volumes - let alone that they then made it “brand standard” for one of their chains?
Assuming sales at said properties (Homewood Suites) meet expectations….why would they stop with offering the product at only one chain?!?
Not sure how many hotel properties in each location - but with current supermarkets and the GrabScanGo included - Nightfood may well be close to 1000 locations.
Sean has stated in the past that each hotel sells as much as a supermarket. However the margins for each hotel property is significantly greater than a supermarket.
Supermarket involves slotting fees, BOGO, promotions etc etc.
Hotels - minimal advertising at most!
Nightfood needs another Extended Stay brand to be given the “corporate thumbs up”…..maybe Home2 Suites?!?
Having ANY of the Top 5 International Hotel Chains agree to place you as a Brand Standard is a MASSIVE “step in the door”….
2500 hotel properties will……
Failure is the Road to Success
So maybe Sean was 10 years early with his Nightfood bar?!?
And maybe Sean was 2 years early with his Ice Cream?!?
BUT....Nightfood's pivot into the Hospitality Vertical looks to be taking place at the perfect time.
Check out this article from Hotel Online;
Why Wellness Versus Illness Matters as a Hotel Profit Center
What do you mean by “soon?!?”
10-K will not be filed until mid October?
A lot can happen between now and then?
Turns out the capitalization was due to the LinkedIn posting....
Still I am happy at a resort property?
Some WORLDMARK BY WYNDHAM to carry NIGHTFOOD
Sean makes a point to capitalize WORLDMARK BY WYNDHAM in the 8-K released today.
My question is if placement into the WORLDMARK resorts is a corporate-level decision and does it involve all 50 US locations?!?
WORLDMARK BY WYNDHAM
Per 8-K;
“Within approx 3 months of delivering our first hotel purchase orders, Nightfood sleep-friendly ice cream is available in hundreds of hotels across the country.
This includes properties from Holiday Inn Express, Marriott Hotels, Hyatt House, Sonesta Hotels, SpringHill Suites by Marriott, Candlewood Suites® Hotels, Crowne Plaza® Hotels & Resorts, Best Western® Hotels & Resorts, WORLDMARK BY WYNDHAM, Ramada by Wyndham Holiday Inn, Clarion Hotel, Fairfield Inn & Suites by Marriott, Hyatt Place, La Quinta by Wyndham, and many more.
ALL for ONE....or ONE for ALL?
Quick question for the group here;
IF Nightfood has been given "Brand Standard" by the Hilton IHC for their Extended Stay locations - and the sales velocity is strong - why would Hilton ONLY place Nightfood in that initial "Brand"?
They wouldn't right?.....That makes NO SENSE.
IMO with Hilton caught the other IHC "off guard" with their "The Stay Matters" GLOBAL campaign that they launched this week.
IMO it just makes sense that Homewood Suites is just the beginning for both Hilton and Nightfood.
Buckle Up!!
Maybe come back in 4 months?
Wrong mate - Per CEO last year - $1.25 or less.
NGTF Margins Free Shipping
With people paying ~$7.50 a pint and the absence of slotting fees, promotion and discounts.......gotta feeling the margins allow for NGTF to pay the shipping.
How much do you think it is currently costing to make a pint of Nightfood?
Jill Dean Rigsbee / iDEAL Hospitality Partners Group / NGTF / 21
Tarrytown, NY, July 27, 2022 – Nightfood Holdings, Inc. (OTCQB: NGTF), the company pioneering the sleep-friendly nighttime snacking category, announced today that Raines is now recommending their portfolio of hotel properties offer Nightfood snacks in their hotel lobby marketplaces.
Powerfully grounded in a family culture, Raines boasts a portfolio of 21 managed hotels (with three more in development) and owns 80% of the portfolio. Brands include Marriott, Hilton, Hyatt, Choice, Best Western, and Wyndham.
“Raines is proud to be a hands-on management group committed to investing in optimizing the guest experience,” remarked Dan Paola, VP of Operations at Raines. “It’s common sense for hotels to provide snacks that can help guests snack better, and sleep better, at night.”
As part of the relationship, certain Raines hotel grab-and-go freezer doors will be outfitted with Nightfood stickers to drive increased awareness and purchase.
“Raines is a developer, owner and leading management company and their hotels and various brands are perfect for Nightfood snacks”, said Jill Dean Rigsbee, CEO and Founder of iDEAL Hospitality Partners Group, who is the hospitality business development company for Nightfood.
“We’re thrilled to add Raines to the Nightfood family,” commented Nightfood CEO Sean Folkson. “The enthusiasm with which the Raines team is embracing sleep-friendly nighttime snacking affirms the value we’re delivering to hotels and their guests.”
About Nightfood
Nightfood is pioneering the category of sleep-friendly nighttime snacking.
Over 80% of Americans snack regularly at night, resulting in an estimated 700 million nighttime snack occasions weekly, and an annual spend on night snacks of over $50 billion. The most popular choices are ice cream, cookies, chips, and candy. Recent research confirms such snacks, in addition to being generally unhealthy, can impair sleep, partly due to excess fat and sugar consumed before bed.
Nightfood’s sleep-friendly snacks are formulated by sleep and nutrition experts to contain less of those sleep-disruptive ingredients, along with a focus on ingredients and nutrients that research suggests can support nighttime relaxation and better sleep quality.
The brand is currently focused on establishing widespread national distribution of its sleep-friendly snacks in the high-margin hotel vertical. Nightfood began rolling into hotels across the United States in May 2022. Management believes hotels have an obligation to help guests achieve better sleep, and one way to do that is through the snacks hotels curate for sale in their grab-and-go lobby shops.
With an estimated 56,000 hotels across the United States, national distribution is expected to lead to profitability, consumer adoption of the nighttime snack category, and a strategically defensible position from which category leadership can be maintained.
Questions can be directed to investors@Nightfood.com
By signing up at ir.nightfood.com, investors can receive updates of filings and news releases in their inbox.
About Raines
Raines is one of the Southeast’s premier hospitality management, development, and investment groups, offering a comprehensive approach to its impressive property portfolio and client base. Led by Managing Partners Grey Raines and David Tart, the award-winning company is known for its operational experience, success with historic properties, and expertise with the world’s leading brands such as Hilton, Marriott, Hyatt, Choice, and Wyndham. Featuring a variety of properties, including notable boutique hotels, The Foundry Hotel in Asheville, NC, and Hotel Florence in Florence, SC, Raines currently has 21 hotels and 2,011 keys throughout the Southeast. Within the Raines organization, a variety of specialty divisions offer curated and strategic programming, including Woven, a boutique hotel sector, and Array, which specializes in commercial real estate and office properties. Raines is headquartered in Florence, SC, with a secondary regional office in Charleston, SC.
Forward Looking Statements:
This current press release contains “forward-looking statements.” Statements in this press release which are not purely historical (including, but not limited to statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects” and “estimates”) are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, sales projections, potential customers, any products sold or cash flow from operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (a) the inherent uncertainties associated with distribution of our products, (b) the market acceptance of our products at all levels of distribution and sale, including retail purchasers, wholesalers and hotel chains, (c) the success and commitment of our distribution partners to access distribution channels and successfully engage with sellers of our products, including, supermarkets and hotel chains, and our success in obtaining purchase orders from hotel chains, supermarkets and others, (d) competition from existing and new companies and products and (e) difficulties associated with obtaining financing on acceptable terms . These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Media Contact:
Simon Dang
simon@nightfood.com
718-635-2949
Investor Contact:
Stuart Smith
SmallCapVoice
investors@nightfood.com
888-888-6444, x3
QVC MUST BE SELLING STRONG!!!
I cannot believe that QVC would expand the product offering of Nightfood beyond the variety pack if the product was not selling strong.
You can now get 8 packs in Midnight Chocolate, Cookie & Dreams, Bed & Breakfast and After Dinner Mint with free shipping and handling for $59.98.
Just go to www.QVC.com and type Nightfood in the search tool.
Believe it or Not!!
It has been said that….”The truth shall you free”
Nightfood IMO is very very close to announcing their FIRST partner within the hospitality vertical.
Hilton!!!!
NOT OFFICIAL - BUT VERY LIKELY - HILTON
After nearly 10 months it seems "more likely than not" that Homewood Suites by Hilton is the FIRST brand standard for Nightfood ice cream.
This HAS NOT been confirmed - but Homewood Suites seem to be carrying the product across the country - based on "investor scouting comments" on the Nightfood company social media page.
Sorry to those who doubted? NOT!!
NDA = Non Disclosure Agreement?
You really think anyone on this board has any idea why Sean has an NDA or confidentiality agreement with the IHC or GPO?
Sean is smart enough not to say a word to anyone about anything...because IMO EVERYTHING he has worked so hard for over the past 10 years is about to unfold.
Dominos are falling every day towards......Sleep-Friendly Nighttime Snacking Category KING baby!!!!
IMO the success in the Hotel Vertical will define NGTF
Look forward “Daniel Son”
Ice Cream...what else would you expect from me?
Just need your address?
Thats a big claim......keep checking your mail.
Are you directly accusing Sean Folkson of lying to his investors regarding the NDA or confidentiality agreement?
You are probably right actually….
IF the sales velocity of Nightfood matches the pilot study - he will likely “walk away with millions”.
But for that to happen sean will need placement in at least 4000 properties and perhaps one of the CPG’s taking a nibble at the company?!?
Gotta feeling he may not need to raise additional capital actually….it’s all about timing.
Gotta stay current people?!?
As some of you know Nightfood has partnered with Impulsify.
Impulsify recently gained placement into The Livano apartments.
As part of the package that the company purchased Impulsify will improve their product selections, store lay-out and obviously install the software and hardware needed to be a Self-Service Grab & Go.
The pictures I posted are from Impulsify’s LinkedIn post which is CURRENT.
Then again....maybe 65,000 is the smallest run that the new production facility will run.....and it doesn't mean anything?
Only one man knows.....Sean.
What is up with 65,000 Pints?
So if the first PO with Vistar was ONLY about 13,000 pints which is enough for 3-4 weeks in 350-500 hotels......why on earth would Sean have 65,000 pints produced?!?
Maybe it is just that we are all on what Sean calls......"Tape Delay"?!?
But then maybe Sean is about to receive a VERY large PO....but will not announce it publicly until is actually received?
IMO something substantial is about to happen with Nightfood.
Let's wait and see.
65,000 pints of Cookies n’ Dreams and Midnight Chocolate
Per page 20 of 1-A SEC Filing.....
In preparing for the projected increase in sales volume, the Company has moved primary pint production to a new, high-speed production facility with the capability to manufacture over 90,000 pints per day, almost three times previous capacity. As the majority of Nightfood ice cream pint sales in coming quarters project to be concentrated on the two flavors in hotel distribution (Cookies n’ Dreams and Midnight Chocolate), the Company believes this increase in capability will be important in the coming months. The initial production run at that facility was successfully completed on June 21, 2022, and included a total of approximately 65,000.
2nd GHC gives Nightfood the Thumbs Up!!
Per page 20 of most recent SEC filing.
On April 25, 2022, the Company announced a new corporate-initiated retail pilot test of Nightfood ice cream pints by a second global hotel company, with thousands
of locations in the United States. That test, conducted in one hotel chain, has also been declared a success. As a result, Nightfood is being introduced in that chain, with approximately 20 hotel locations in the United States.
Maybe they are being placed into EVEN Hotels owned by IHG?
Makes total sense…Yeah Nah?!?
Two of the largest Global Hotel Companies in the WORLD are looking to launch “a scam” into their properties?!?
Maybe the official news release - which will be forth coming - will convince anyone (and everyone on this board) that Nightfood is anything but a scam?
Could be an interesting week ahead…just saying?
Nightfood Announces Successful Hotel Test, Engages iDEAL Hospitality to Scale High-Margin Hotel Vertical.
Supermarkets IMO will welcome back Nightfood in 2023/24.
Like Rx Bars in CrossFit gyms and Oatly in Starbucks….Nightfood will explode in the hospitality vertical.
Those ice creams that try to “fight it out” in retail will be swallowed up by the Big Boys. And if they do start to make it people will work out a way to shut them down.
Look at the civil law suit raised against Rebel ice cream? That sucks?
Everybody knows Nightfood is being adopted by at least 2 of the top 5 Global Hotel Companies. And that, it is more likely than not, that the other 3 will join the party in the next 12-18 months. Looking forward NGTF being placed in over 4000 hotels and the company reaching profitability. Take it to the bank!