Nightfood
Sleep-Friendly Cookies Slated for July Production
Tarrytown, NY, June 13,
2022 - InvestorsHub NewsWire -- Nightfood Holdings, Inc. (OTCQB:
NGTF), the sleep-friendly snack company addressing
the $50 billion Americans spend annually on nighttime snacks, today
announced plans to launch Nightfood sleep-friendly cookies in
July.
Nightfood's "Prime-Time Chocolate Chip" is
slated to be the first variety manufactured now that recipes and
production tests have been finalized for that
flavor.
Cherry oat and snickerdoodle flavors are also
nearing development completion and are expected to be produced in
either July or August.
Nightfood's sleep-friendly ice cream launched
last month into hundreds of hotels in more than 40 states across
the country.
Significant distribution gains
into thousands of additional hotel properties are projected for
Nightfood ice cream in the coming months. Management believes adding additional snack
formats, such as cookies, to hotel distribution will result in
greater consumer trial and higher revenues per property.
One global hospitality company has already
confirmed they intend to test Nightfood cookies in hotels.
Management also expects to be able to
leverage hotel ice cream pint sales data to facilitate the cookie
rollout in other chains.
Additionally, Management believes significant
distribution opportunities exist for Nightfood sleep-friendly
cookies as a dessert on overnight international
flights.
Talks are currently ongoing with
a major airline catering company which services many of the world's
largest international carriers.
"With our national ice cream hotel rollout
now fully underway, we believe it's time to take advantage of
expansion into additional formats," remarked Nightfood CEO Sean
Folkson.
"Like our ice cream, there is no
sacrifice of taste or texture for consumers making a better
nighttime snack choice. These are delicious cookies, which were
specifically formulated to be both healthier and more
sleep-friendly. That makes them a natural fit for
hotels.
And now, even hotels that don't
have ice cream freezers will be able to make Nightfood snacks
available to their guests."
Nightfood's cookies are gluten-free and
nut-free.
An oat flour base was chosen
because oats are naturally rich in melatonin. Date syrup was selected as a sweetener due to
its higher anti-oxidant content and lower glycemic index, as well
as other reported health benefits.
Compared to leading cookie brands, each
serving of Nightfood sleep-friendly Prime-Time Chocolate Chip
cookies contains approximately 40% less sugar, 40% less fat, 20%
fewer calories, 200% more protein, and 500% more
fiber.
Each serving will also deliver
500mcg of vitamin B6, 500mg of inositol, and 250mg of jujube
powder, along with other nutrients and ingredients selected to
provide a more sleep-friendly nutritional profile for anybody
snacking at night.
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. Leveraging a relationship with a global
hospitality company, 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.
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
Grafico Azioni Nightfood (QB) (USOTC:NGTF)
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Da Ago 2024 a Set 2024
Grafico Azioni Nightfood (QB) (USOTC:NGTF)
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Da Set 2023 a Set 2024