Nightfood Holdings Inc (NGTF)

[ProfitScout]

The news from NGTF this week show us that the company is steadily on track to expand the availability of the Nightfood ice cream brand to an increasingly wide consumer base through new distribution partners. This is the way you build a long term retail success story.

From the news:

The Company received and has fulfilled the initial purchase order from its next major distribution partner, a prominent division of a top-10 national supermarket chain. Product is expected to start appearing on shelf in the next two weeks in over 200 new stores. These stores will be added to the Nightfood store locator, and the supermarket chain will be announced by name as soon as approval is granted.

Product development work has been completed on two custom flavors for celebrity brand ambassadors: Michael Clifford, lead guitarist of multi-platinum, award winning band, 5 Seconds of Summer, and NFL star cornerback Richard Sherman. Packaging for the first of the two celebrity flavors has been finalized and ordered.

The management team has been busy working with brokers and category managers from supermarkets around the country to set meetings for the upcoming category review period.