Else Nutrition (TSX: BABY) this morning again stuck to its tried and true method of hinting to investors where its latest point of distribution comes from in terms of big name retailers.
The firm this morning formally announced that its ready-to-drink Kids Shakes are now available online from one of the largest retailers in the United States. While the company did not name names, it included a photo of its products in front of a Walmart logo, revealing to investors who the “unnamed” retailer is.
This method was previously used by Else Nutrition to highlight that its products would be sold at Whole Foods, who was described as “one of the world’s leading retailers of natural and organic foods.”
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READ: Did Else Nutrition Just Get Its Products Into Whole Foods?
The ready-to-drink product is expected to begin online sales at Walmart by the end of January 2024. The listing is expected to “set the stage” for a rollout on store shelves at the retailer across the US in the future, although no specific timeline has been provided. The product listing follows prior listings of its products at Walmart both in-store and online.
Else Nutrition last traded at $0.225 on the TSX.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
