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| NGTF Completes Second Production Run Keeping Up with Consumer Demand |
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 Hot Stock to Watch |
Company: Nightfood Holdings, Inc. (Pink Sheets: NGTF)
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Last:
Price: 0.68
Change (%): + 0.01 (1.49)
Volume: 27,555 |
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Nightfood Ice Cream Completes Second Production Run; All E-Commerce Back-Orders Shipping Next Week
Tarrytown, NY, March 29, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nightfood, Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion-dollar nighttime snacking problem, has announced today that their second production run has been completed of all eight flavors of Nightfood ice cream.
All online back-orders are scheduled to ship early next week and e-commerce shipping will return to normal.
“It’s important to point out that we were never on back-order for our wholesale customers, which is the focus of our business,” explained Jim Christensen, Nightfood’s VP of Ice Cream Sales. “In fact, we shipped several pallets to a new distributor last week when this run was just getting underway.”
In light of the extensive national media coverage Nightfood has received, and pictures by individual consumers shared on social media showing Nightfood out of stock in certain Meijer supermarket locations, the Company has received many inquiries from investors concerned about the ability to meet demand for the ice cream.
“When our E-commerce warehouses ran out of certain flavors, we made the easy business decision to pause consumer shipments for a couple of weeks rather than spread our remaining inventory too thin across multiple warehouses…we needed to make sure we were able to quickly fulfill wholesale orders for our new and existing accounts,” added CEO Sean Folkson. “I’ve stated before, our focus is on making Nightfood available locally across the country and mail order ice cream has never been a primary focus.”
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