Halo Food Co: Subsidiary receives third order from Woolworths (ASX:WOW)

Halo Food Co Subsidiary receives third order from Woolworths (ASX:WOW)

  • Halo Food Co (HLF) subsidiary The Healthy Mummy receives a third order from supermarket giant Woolworths (WOW), worth a further $142,000
  • The Healthy Mummy secured the follow-on order for its three-core powdered smoothie products, bringing its total opening purchase orders from Woolworths to $545,000
  • HLF expects the total sales value of the products to reach $2.5 million in the first year, and opening orders have already hit 22 per cent of this target in one month
  • Woolworths has now launched the rollout of the products across its national footprint of retail and online stores, with conversations underway for further product rollouts
  • HaloFood Co is up 6.9 per cent and trading at 3.1 cents at 12:13 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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