Nightfood Holdings, Inc. Announces Revenue Results for the Quarter March 31, 2019; Provides Revenue Guidance for the Year 2019
April 01, 2019 at 01:30 pm
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Nightfood Holdings, Inc. announced revenue results for the quarter ended March 31, 2019. Nightfood unaudited quarterly revenues surpassed $150,000. The majority of revenue for the quarter, which ended March 31, 2019, resulted from wholesale sales of Nightfood® Ice Cream.
Management expects revenues to grow rapidly throughout the rest of the year as they work toward their stated goal of having distribution secured in 10,000 retail doors by March 31, 2020.
Nightfood Holdings, Inc. is engaged in manufacturing and distributing snack products specifically formulated for nighttime snacking to help consumers satisfy nighttime cravings in a healthier and sleep-friendly way. The Company's operations are conducted by its two subsidiaries: Nightfood, Inc. (Nightfood) and MJ Munchies, Inc. (Munchies). Nightfood is in the business of manufacturing, marketing and distributing snacks specially formulated and promoted for evening consumption. Nightfood is formulated with tryptophan, vitamin B6, calcium, magnesium, and zinc, protein and prebiotic fiber. Nightfood ice cream is available in nine flavors, such as Full Moon Vanilla, Midnight Chocolate, Cold Brew Decaf, After Dinner Mint Chip, Milk & Cookie Dough, Cherry Eclipse, Bed and Breakfast, and others. Munchies has built an intellectual property portfolio that includes protection regarding the use of the Half-Baked mark in the State of California relating to certain cannabis-related products.
NIGHTFOOD HOLDINGS, INC. 
