Nightfood Hldgs Stock Price, News & Analysis

Nightfood Holdings, Inc. (OTCQB: NGTF) has partnered with Sonesta International Hotels Corporation to launch sleep-friendly Nightfood ice cream across 160 managed properties, including Sonesta Select, Sonesta ES Suites, and Sonesta Simply Suites. This initiative, starting during Sleep Awareness Week on March 12, 2023, emphasizes guest wellness by providing ice cream options with less sugar to improve sleep quality. The rollout features flavors like Cookies n’ Dreams and Midnight Chocolate, with plans for further snack options in the future. Nightfood aims to capitalize on the $50 billion nighttime snack market by promoting healthier choices.

Nightfood Holdings, Inc. (OTCQB: NGTF) has announced an investor conference call scheduled for March 14, 2023, at 4:30 PM Eastern. The call aims to update stakeholders on hotel distribution and upcoming tests of Nightfood cookies as amenities in hotels and airlines. Investors can submit questions beforehand to be addressed based on relevance.

Nightfood is focused on sleep-friendly nighttime snacks, with existing distributions in numerous U.S. hotels. The company highlights that over 80% of Americans snack at night, leading to significant market opportunities. Its products aim to reduce sleep-disruptive ingredients while promoting relaxation and better sleep quality.

Nightfood Holdings is launching full-size Prime-Time Chocolate Chip cookies as amenities for a global airline and a national hotel chain, expected to begin testing this winter. The production of these individually wrapped cookies is prioritized over mini-cookies. Management anticipates that these arrangements could generate revenue equivalent to extensive retail distribution. However, there’s no guarantee that the tests will be successful or follow the planned timeline. Nightfood continues to expand its presence in hotels, where its ice cream is already performing well.

Nightfood Holdings, Inc. (OTCQB: NGTF) has reported strong sales performance for its sleep-friendly ice cream pints in November, capturing 42% of pint sales in a dataset of 29 hotels, surpassing Haagen Dazs in 38% of those locations. CEO Sean Folkson highlighted that this data reinforces the appeal of sleep-friendly snacks among hotel guests. The company is enhancing its distribution strategy, partnering with major distributors to broaden its market presence. Nightfood aims to capitalize on the $50 billion nighttime snacking market.

Nightfood Holdings (OTCQB: NGTF) has announced impressive sales for its sleep-friendly ice cream, outperforming Ben & Jerry's and Baskin Robbins in a controlled test conducted in over 30 major hotels. Capturing 43% of pint volume, Nightfood's share surged to 50% when ads were removed. The company is focused on expanding its distribution across the 56,000 hotels in the U.S., aiming to be a leading snack brand in this vertical. The company's recent addition of sleep-friendly cookies and plans for more snack formats underscore its commitment to enhancing guest experiences in hotels.

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.

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.

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.