Forbidden Foods Ltd ( (AU:FFF) ) has provided an update.
Forbidden Foods Ltd has secured its third product-ranging agreement with Costco Australia, marking the largest order to date for its Blue Dinosaur ‘Bites’ range valued at $133,000. This order highlights the strong demand for the product, which previously sold out at Costco, and aligns with Costco’s bulk-buy retail model. The agreement is part of Forbidden Foods’ strategy to expand its distribution footprint and follows the strategic acquisition of OMG, contributing to a significant increase in year-to-date net sales.
More about Forbidden Foods Ltd
Forbidden Foods Ltd (ASX: FFF) is a health & wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brand, Blue Dinosaur®, is sold in Australia and the USA.
Average Trading Volume: 5,439,346
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.41M
Learn more about FFF stock on TipRanks’ Stock Analysis page.