Nightfood Holdings Inc. (OTCQB: NGTF), the nationally-expanding company solving America’s $50 billion nighttime snacking problem, today announced that unaudited quarterly revenues exceeded $200,000 for the quarter ended September 30, 2019. According to the update, quarterly revenues exceeded the previous record set in the quarter ending March 31, 2019, with the majority driven from existing distribution partners ordering product to replenish inventory levels that decrease as consumers continue to buy more Nightfood off the shelves. “We’re seeing more new consumers learning about and buying Nightfood every day,” Nightfood CEO Sean Folkson said in the news release. “The data we have indicate that same store sales have been steadily increasing, with an extra jump in September due to new marketing initiatives we’ve been testing and are working to scale.”
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About Nightfood Holdings
Nightfood Holdings, Inc. owns Nightfood, Inc. and MJ Munchies, Inc. On Feb 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. On June 27, 2019, Nightfood announced it had won “Best New Ice Cream” in the 2019 World Dairy Innovation Awards. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood believes its sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, is the next evolution in the significant better-for-you ice cream category. Market research giant Mintel identified nighttime specific food and beverages as one of their most “compelling and category changing” trends for the coming years. For more information, visit the company’s website at www.Nightfood.com.
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