Key Points:
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Initial Inventory Arrival: NGS has taken delivery of its initial stockpile in support of the launch of the new product, Healthy Heights.
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Significant Initial Order: An inaugural order of 5,760 units amounting to US$70,560 has been secured.
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Product Highlights: Happy Tummies® offers a unique combination of prebiotic, probiotic, and protein, designed especially to enhance digestive support for children.
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Inspired by Success: The development of this dietary supplement was motivated by the positive reception of NGS’ Kidz Protein® products previously launched in Walmart stores.
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Availability: Stock of Happy Tummies® will be accessible to customers in at least 795 Walmart outlets come September as part of the week 32 Modular in department 40.
Nutritional Growth Solutions Ltd (ASX:NGS), an industry leader in the sphere of child nutrition, offering clinically tested products that aid children's growth and development, is elated to inform its stakeholders and the public that its latest dietary supplement, Happy Tummies®, will soon be available across a minimum of 795 Walmart stores in the U.S. This follows the stipulations of the original modular award (Figure 1).
This recent development signifies a promising progression from NGS’ prior announcement1 where details regarding Walmart's commitment to range Happy Tummies® were disclosed. The decision to introduce this new product was influenced by the favorable market response to NGS’ Kidz Protein® items, previously featured in Walmart outlets. Moreover, NGS had the privilege of participating in Walmart's exclusive "Open Call" event last year.
The inclusion of Happy Tummies® in a retail giant like Walmart reinforces NGS's commitment to ensuring that children have access to premium dietary supplements that foster their growth and overall well-being.
NGS Managing Director Stephen Turner Commented:
“The expanded distribution of our Happy Tummies product into a minimum of 795 Walmart stores represents a major milestone for the Company and demonstrates the growing demand for our scientifically formulated and clinically proven supplements. Our new Happy Tummies supplement product, in addition to our existing Kidz Protein products, will now be available to even more consumers in the US.
This on-shelf presence in Walmart also paves the way for NGS to be in store with more retailers across the US, and having optimised our US manufacturing facility to service these expanded channels as well as our increasing online sales, we look forward to continuing to grow our US business. ”
About us:
Nutritional Growth Solutions is a global nutritional health company focused on the well-being of children. NGS develops, produces and sells clinically tested nutritional supplement formulae for children following 20 years of medical research into pediatric nutrition at Schneider Children’s Medical Centre, Israel’s largest pediatric hospital. The nutritional supplements market has experienced tremendous growth in recent years, but most attention has been focused on adult users and children under three years of age. The three to twelve-year-old consumers represent a larger market opportunity and NGS is highly differentiated from its competitors with clinically tested products and an expanding product portfolio to capture this market opportunity.
Contact details:
Chloe Hayes
chloe@janemorganmanagement.com.au
