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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 (NGTF) announces successful orders for the launch of its sleep-friendly ice cream in 21 major hotel distribution hubs across the U.S. The rollout begins in May, with an additional national deployment planned for a significant extended-stay hotel chain. Nightfood expects these partnerships to facilitate distribution across thousands of properties, citing sales success in hotel settings. The company's strategy involves expanding its retail presence through collaborations with leading hotel chains and distributors to achieve distribution in 7,500 hotels in the next nine months.

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Nightfood Holdings, Inc. (OTCQB: NGTF) is initiating a corporate-level test with a second global hotel brand to introduce its sleep-friendly snacks. This premium hotel chain emphasizes wellness and nutrition and has around 20 locations. CEO Sean Folkson expressed optimism for broader distribution across multiple hotel chains if the test succeeds. Nightfood is also set to launch national distribution in May with a major extended-stay hotel chain, aiming to establish its products as an industry standard across approximately 56,000 U.S. hotels.

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Nightfood Holdings, Inc. (OTCQB: NGTF) has been recognized as a recommended brand by Remington Hotels, which manages 121 properties across 28 states. The company is set to roll out its sleep-friendly ice cream pints in these hotels, enhancing the snack options available in lobby grab-and-go shops. Initial purchase orders have been secured, with national wholesale distribution expected by early May. The partnership aims to establish Nightfood as a standard offering in the hospitality industry, emphasizing guest satisfaction and promoting better sleep through healthier snacking.

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Nightfood Holdings, Inc. (OTCQB: NGTF) is set to launch its sleep-friendly ice cream nationally in a major extended-stay hotel chain in May 2022. The company received initial purchase orders for two popular flavors, Cookies n’ Dreams and Midnight Chocolate, which will be available in approximately 500 U.S. locations. Management believes they can achieve profitability with distribution in about 4,000 hotels. Nightfood aims to establish itself as a standard in the hotel industry and is developing additional snack formats for future distribution.

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Nightfood Holdings, Inc. (OTCQB: NGTF) has announced the debut of Nightfood ice cream on QVC on April 6, 2022, from 3 to 4 PM ET. The brand, founded by Sean Folkson, specializes in nighttime snacks designed with protein, prebiotic fiber, and essential vitamins. The product will be available in an eight-pint sample bundle featuring popular flavors like Midnight Chocolate and Cookies n’ Dreams. Folkson emphasized the opportunity to reach millions of customers, highlighting the growing trend of nighttime cravings.

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Nightfood Holdings, Inc. (OTCQB: NGTF) is set to introduce its sleep-friendly snacks at the AAHOACON 2022 in Baltimore from April 12 to 15, showcasing its partnership with iDEAL Hospitality Partners. Targeting the $50 billion nighttime snack market, Nightfood aims to penetrate the hotel industry, with plans to secure distribution in 7,500 hotels within nine months. After a successful pilot test with a leading hotel brand, Nightfood anticipates rapid growth and profitability through its unique snack formulations designed to promote better sleep quality.

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Nightfood, Inc. (OTCQB: NGTF) announced an updated timeline for its national hotel distribution launch, following confirmation of initial purchase orders expected soon. The first hotel chain to distribute Nightfood will have over 500 U.S. locations, collectively part of a global brand. CEO Sean Folkson expressed excitement about a newly signed agreement with a group purchasing organization that services numerous hotels. Nightfood aims to introduce its sleep-friendly ice cream flavors, Cookies n’ Dreams and Midnight Chocolate, in hotel lobby shops by April 2022.

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Nightfood, Inc. (OTCQB: NGTF) will hold an investor conference call on March 1, 2022, at 4:30 PM ET to discuss its hotel launch, new product development, and supermarket distribution agreements. Shareholders can submit questions to be answered during the call. Nightfood aims to address the $50 billion nighttime snacking issue faced by over 80% of Americans. Their sleep-friendly snacks, formulated by experts, focus on reducing sleep-disruptive ingredients while promoting relaxation. A replay of the call will be available for those unable to attend.

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Nightfood Holdings, Inc. (OTCQB: NGTF) announced the extension of CEO Sean Folkson's share lock-up for an additional twelve months, promoting confidence in the company's future. The firm is set to launch its sleep-friendly snacks in U.S. hotel lobby shops, targeting over 20,000 properties. This strategic pivot follows a successful pilot test with a major hotel brand, aiming for higher margins compared to supermarket sales. Nightfood's products are tailored to address the $50 billion nighttime snacking market, focusing on healthier options that support better sleep.

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Nightfood Holdings (OTCQB: NGTF) is promoting sleep-friendly snacks in the hotel industry. CEO Sean Folkson emphasizes the opportunity for hotels to provide healthier night snacks, akin to Westin's bedding renovation in the late '90s. Nightfood aims for rapid industry adoption, with distribution in 7,500 hotel locations targeted by summer 2022. The company has completed a successful pilot test and won a $150,000 marketing prize for its ice cream sandwich. Over 80% of Americans snack at night, generating a $50 billion market.

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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