Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning issued a recap of its quarterly investor conference call held May 28, 2019. On the call, Nightfood CEO Sean Folkson answered investor questions covering a variety of topics, including initial sales velocity and the national rollout of Nightfood ice cream; the Nightfood influencer program; growth financing; the ice cream competitive landscape; company profitability targets; its research & development pipeline; and MJ Munchies and the Half-Baked brand of cannabis edibles. In regard to distribution targets, Folkson noted, “We are very much on track for our distribution goals. In fact, we project month over month revenue growth that will have us doing our first million dollar quarter this year, and also, I believe, our first three million dollar quarter this year, 2019.”
A full replay of the investor call is now available for review at www.SmallCapVoice.com/NGTF
To view the full press release, visit http://ibn.fm/VAJF4
About Nightfood Holdings
Nightfood Holdings Inc. owns Nightfood Inc. and MJ Munchies Inc. On February 8, 2019, it was announced that Nightfood ice cream won the ‘2019 Product of the Year’ award in the ice cream category in a Kantar survey of over 40,000 consumers. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood’s sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, delivers benefits found in no other product on the market. Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for the coming years. Nightfood ice cream is rolling out nationally and has recently announced distribution in the popular Meijer supermarket chain throughout the Midwest, with concentration in the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus, and Milwaukee, as well as Lowes Foods, with 78 stores in the Carolinas and Virginia. MJ Munchies Inc. was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The company intends to market some of these new products under the brand name “Half-Baked”, for which they’ve successfully secured trademark rights. For more information, visit the company’s website at www.Nightfood.com
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
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