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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!
Everyone knows that the hotel placements in 2019/2020 were the result of cold calling by Sean Folkson. Those individual location sales are likely what lead to the Global Hotel Company (GHC) electing to perform their own 6 month test within a handful of properties. The successful test then lead to that GHC launching into over 500 of their extended stay locations. Based on Seans comments on the companies social media page - investors can expect that same GHC to launch into additional chains.
Not sure how anyone can look at the initial cold calling hotels as a failure?!?
IMO they were the “seeds planted” to the future creation of the Sleep-Friendly Nighttime Snack Category!!!
I am looking forward to the upcoming filings….#NGTF is about to get very disruptive within the Hotel Vertical.
Keep an eye on the SEC filings.
Just confirmation of consumer acceptance of a great product.
1000 hotels…Versus 1000 Supermarkets?!?
I will take 1000 hotels selling Nightfood where their is zero slotting fees, zero promotions and Nightfood makes up between 25-100% of the product set over 1000 supermarkets where we make up 1% of the set and the profit margin is killed with the trade spend?!?
But of course what do I know?!?
Not defensive…just factual?!?
November financials will be telling IMO.
Nightfood rated 4.5 stars on SocialNature
Consumers rate Nightfood on Social Nature as 4.5 stars after 5692 reviews
Nightfood as a company has 21,774 likes on the site below.
Sleep Friendly Ice Cream
"Less than 50% of startups survive the first three years"
IMO Nightfood will be around for a VERY LONG TIME!
The average investor (or potential investor) generally has no any idea about product failure.
Most on this board IMO throw around the word "failure" even though they have really no idea what that means in business.
If you are truly interested in product failure - maybe take a read of this article and you will see that with the Hotel Vertical was the strategic pivot that will define Nightfood's ultimate success IMO.
Understanding Product Failures – Top Reasons and Examples
Nightfood's "Direct With" consumer engagement approach/b]
Nightfood is more than the "decaf of coffee" or the "fat free" of yogurt....
Nightfood is "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."
This article helps explain how CPG companies like Nightfood are approaching products that work "WITH" the consumer versus those that focus on getting products "TO" the consumer.
How Consumer Products Brands Can Achieve Differentiation by Shifting From ‘Direct-To’ to ‘Direct-With’ Consumer Models
BMW launches subscription for "heated seats"?!?
As most have learned...."Change is the only Constant in life".
Sleep-friendly Nighttime snacks for some......are like "heated seats" when you drive a BMW in Miami, FL....just not needed and somewhat of a joke.
But for a lot of people, like me, who cannot sleep on planes or enjoy a dessert at a restaurant without then having a terrible nights sleep the idea of a Sleep-Friendly snack is HUGE.
Sleep is a necessity for everyone.....and IMO if we could purchase a monthly subscription for 8 hrs a night.....most of us would sign up?
The NEW category of food in the CPG industry IMO will be SLEEP FRIENDLY NIGHTTIME SNACKS.....take it to the bank!!!
Sean cares about the upcoming category….
Sean has made it VERY clear that Nightfood is not a “revenue play”….but that of a “category play”.
Some of us believe that this new category ( Sleep/friendly Nighttime Snacking) will be created and others do not?!?
My position is just fine thanks very much. ;)
He is not the referee.
We are potentially days away from hearing who is calling the shots here….aka the GHC…..when the name is confirmed and the initiative is announced….all will be clear.
Glad to have my position is “locked and loaded”.
Anyone got any original material here or have we just resorted to "cut and paste"?
Nightfood - Impulsify - 2022 Playbook Volume 2.
See Nightfood in freezer picture on page 8 and below on page 19.
Next year Nightfood may possibly be listed on page 12 with more than one format?
Link to playbook;
Impulsify 2022 Playbook Vol 2
Nightfood Cookies to be Gifted at the National Association of Black Hotel Owners, Operators & Developers Annual Summit
I see significant value in these people receiving a sample of Nightfood Cookies;
Speakers and panelists include Thomas J. Baltimore, Jr., Chairman, President and Chief Executive Officer of Park Hotels & Resorts; Norman Jenkins, President/CEO Capstone Development; Warren Fields, CEO of Benchmark Pyramid; Leslie D. Hale, President/CEO of RLJ Lodging Trust; Bill Fortier, Senior VP Development, Americas, Hilton; Julius W. Robinson, Chief Sales & Marketing Officer, U.S. & Canada, Marriott International; DeShaun Wise Porter, Global Head of Diversity, Inclusion, and Engagement, Hilton; and Geoff Ballotti, President/CEO Wyndham Hotels & Resorts, Inc.
Not to mention all of the registrants?!?
Nightfood Cookies to be Gifted at the National Association of Black Hotel Owners, Operators & Developers Annual Summit
Your input is invaluable...thanks