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| Nightfood Garners More Major Media Coverage |
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 Hot Stock to Watch |
Company: Nightfood Holdings, Inc. (Pink Sheets: NGTF)
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Last:
Price: 0.60
Change (%): + 0.00 (0.00)
Volume: 52,941 |
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Wall Street Journal Spotlights Nightfood Ice Cream and the Birth of the Sleep-Friendly Nutrition Category
Sleep-expert formulated Nightfood® ice cream is pioneering a new category of better-for-you snacking
Tarrytown, NY, May 20, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nightfood, Inc. (OTCQB: NGTF), the innovative ice cream company solving America’s $50 billion-dollar nighttime snacking problem, was prominently featured in a Wall Street Journal article about the birth of the potentially massive nighttime specific food and beverage category.
Euromonitor and IRI report Americans spend over $50 billion annually on snacks consumed between dinner and bed. Until recently, none of those snacks were formulated with sleep in mind. At the same time, consumers globally spend $50 billion per year on better sleep, with virtually none of that spend going to food products.
The Nightfood brand is positioned at the overlap of better nutrition and better sleep, pioneering what is poised to be a billion-dollar category. Multi-national consumer goods companies are starting to take notice.
“There’s a huge white space,” says Doug Munk, a director of new business ventures at Nestlé SA. “Most of the solutions you see in store are supplements or medicine. Food as medicine is the trend we see.”
“We’ve talked about the inevitability of this category for years now,” pointed out Nightfood CEO Sean Folkson. “The Wall Street Journal is now validating that vision. All the national media we receive supports not only the compelling business proposition, but the incredibly unique value proposition of our product line that has captivated consumers.”
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