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NIGHTFOOD HLDGS INC - NGTF STOCK NEWS

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Nightfood Holdings Inc. (NGTF) is a pioneering company in the sleep-friendly nighttime snack category. Almost half of all snacking occurs after dinner, and Nightfood offers better-for-you snacks specifically designed for nighttime consumption. The brand focuses on distributing ice cream, cookies, and other snack formats in high-margin hotel verticals, tapping into the growing trend of supporting guest wellness by providing healthier and sleep-friendly snacks. By formulating snacks that contain less sleep-disruptive ingredients and focusing on ingredients that support nighttime relaxation, Nightfood aims to address the $50 billion annual spend on nighttime snacks in the U.S. market. The recent exclusive license agreement for the Half-Baked™ trademark with Houdini Group Inc. opens further opportunities for growth and brand development in the marijuana and CBD-infused products space. Nightfood Holdings is committed to leading the nighttime snack category and maintaining a strategically defensible position in the market.

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Nightfood Holdings, Inc. (OTCQB: NGTF) announced the completion of R&D for two new cookie flavors, expanding its sleep-friendly snack line. The cookies include Snoozerdoodle and Date Night Cherry Oat, both 100 calories per serving. The company reports strong sales of its ice cream in hotels, competing effectively against major brands. Production is set for early December, with cookies priced between $4.49 and $6.49 per pouch. Nightfood aims to establish itself in the high-margin hotel market, targeting over 56,000 U.S. hotels for distribution.

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Nightfood Holdings, Inc. (OTCQB: NGTF) reports impressive sales in the hotel industry, capturing over 39% of ice cream pint sales against Haagen Dazs in a study of 30 hotels. In one-third of these locations, Nightfood outsold Haagen Dazs head-to-head. This follows their recent entry into hotel markets less than six months ago. The company emphasizes the importance of sleep-friendly snacks, with plans for expansion into the 56,000 U.S. hotels, which they believe will boost profitability and market presence.

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Nightfood Holdings, Inc. (OTCQB: NGTF) is set to debut its new nine-pint Flavor Bundle on QVC on October 4, 2022, between 4 PM and 6 PM EST during the Gourmet Holiday event. This marks Nightfood's third appearance on QVC, where it aims to promote its ice cream formulated for nighttime snacking, offering nutritional benefits such as protein, prebiotic fiber, and essential minerals. The bundle features popular flavors like Midnight Chocolate and Cookies n’ Dreams. With positive reviews and an emphasis on healthier nighttime choices, Nightfood seeks to capture a growing market.

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Nightfood Holdings (OTCQB: NGTF) has completed its first commercial production run of sleep-friendly cookies, expanding its nighttime snack offerings beyond ice cream. Following its entry into national hotel distribution in May 2022, Nightfood has secured sales in major hotel chains. The cookies are designed with lower sugar, fat, and calories while enhancing protein and prebiotic fiber content. Anticipated pricing is between $4.49 to $6.49 per pouch. Nightfood aims to establish sleep-friendly snacks as an industry standard in the 56,000 US hotels, potentially driving significant revenue growth.

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Nightfood Holdings, Inc. (OTCQB: NGTF) announced that Raines will offer Nightfood snacks in its hotel properties to enhance guest experiences. Raines manages 21 hotels and owns 80% of its portfolio, which includes major brands like Marriott and Hilton. This partnership aims to promote sleep-friendly snacking and drive awareness through branded freezer doors in hotel marketplaces. Nightfood is focused on establishing distribution in hotels, leveraging the estimated 56,000 hotels in the U.S. to capture a share of the $50 billion nighttime snack market.

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Nightfood Holdings, Inc. (OTCQB: NGTF) announced that its sleep-friendly cookies will be gifted to attendees of the 26th Annual International African American Hotel Ownership & Investment Summit, taking place from July 13-15, 2022, at the Hilton Miami Airport Blue Lagoon. This initiative aims to introduce Nightfood products to key industry stakeholders and support the launch of its cookie line. Nightfood is focused on establishing its snacks in hotels, a strategy believed to enhance sleep quality for guests, aligning with its mission of pioneering the nighttime snacking category.

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Nightfood Holdings, Inc. (OTCQB: NGTF) has partnered with GrabScanGo to enhance its hotel distribution. This collaboration aims to expand Nightfood's presence in hotel lobby markets, where the company believes it can secure additional partnerships and grow sales. Nightfood’s sleep-friendly snacks, formulated by experts, target the $50 billion spent annually on nighttime snacks in the U.S. The rollout of its ice cream products is set to begin in Southern California in early July, with further expansion expected.

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Nightfood Holdings (NGTF) has announced plans to launch sleep-friendly cookies starting in July, following the successful introduction of their ice cream in hundreds of hotels across the U.S. The first cookie flavor, 'Prime-Time Chocolate Chip,' is finalized, with additional varieties expected soon. The company is pursuing further distribution opportunities, including dessert options for international flights. Management highlights that these cookies are healthier alternatives, formulated to support sleep with significantly lower sugar and fat content compared to leading brands.

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Nightfood Holdings (OTCQB: NGTF) is set to present at the Emerging Growth Conference on June 8, 2022. The event will showcase the company's pioneering efforts in sleep-friendly nighttime snacks, including recently launched products in hotel lobby shops nationwide. CEO Sean Folkson will discuss the expansion strategy aiming for distribution in 7,500 hotels by February 2023. Nightfood targets the 700 million weekly nighttime snack occasions in the U.S., promoting healthier options. A Q&A session will follow the presentation, which starts at 11:30 AM ET.

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FAQ

What is the current stock price of NIGHTFOOD HLDGS (NGTF)?

The current stock price of NIGHTFOOD HLDGS (NGTF) is $0.0067 as of December 20, 2024.

What is the market cap of NIGHTFOOD HLDGS (NGTF)?

The market cap of NIGHTFOOD HLDGS (NGTF) is approximately 1.5M.

What is Nightfood Holdings Inc. known for?

Nightfood Holdings Inc. is known for pioneering the sleep-friendly nighttime snack category by offering better-for-you snacks specifically designed for nighttime consumption.

What is the focus of Nightfood's distribution strategy?

Nightfood aims to establish widespread national distribution of ice cream, cookies, and other snack formats in the high-margin hotel vertical, catering to the trend of providing healthier and sleep-friendly snacks to guests.

What is the significance of the exclusive license agreement with Houdini Group Inc.?

The exclusive license agreement for the Half-Baked™ trademark with Houdini Group Inc. opens opportunities for Nightfood Holdings to develop marijuana and CBD-infused products under the Half-Baked™ brand name.

How does Nightfood address the issue of unhealthy nighttime snacking?

Nightfood formulates snacks with less sleep-disruptive ingredients and focuses on ingredients that support nighttime relaxation to address the negative impact of unhealthy nighttime snacking on sleep quality.

What is Nightfood Holdings' long-term goal?

Nightfood Holdings aims to lead the nighttime snack category by maintaining a strategically defensible position in the market and driving consumer adoption of healthier nighttime snack options.

What is the annual spend on nighttime snacks in the U.S. market?

The annual spend on nighttime snacks in the U.S. market is estimated to be over $50 billion, highlighting the significant market opportunity for companies like Nightfood Holdings.

How does Nightfood plan to accelerate revenue growth with the Half-Baked™ brand?

Nightfood Holdings expects to accelerate revenue growth by leveraging the appealing Half-Baked™ brand name in the rapidly growing marijuana market, positioning its products competitively and driving sales in major markets.

What is the objective of providing healthier snack options in hotel verticals?

By offering healthier and sleep-friendly snacks in hotel grab-and-go shops, Nightfood Holdings aims to support guest wellness and capitalize on the trend of providing better nutrition and sleep quality options to travelers.

What opportunities are explored through the exclusive license agreement with Houdini Group Inc.?

Nightfood Holdings and Houdini Group Inc. are exploring additional collaboration opportunities, including potential joint ventures, to further enhance brand development and market presence in the marijuana and CBD-infused products space.

Where can investors receive updates and information about Nightfood Holdings Inc.?

Investors can sign up at ir.nightfood.com to receive updates on filings and news releases directly in their inbox, staying informed about the latest developments and financial updates related to Nightfood Holdings Inc.

NIGHTFOOD HLDGS INC

OTC:NGTF

NGTF Rankings

NGTF Stock Data

1.53M
110.36M
13.72%
0.55%
Packaged Foods
Consumer Defensive
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United States of America
Tarrytown