Nutritional Growth Solutions (ASX: NGS) has announced that the number of Walmart stores stocking its products has increased from 409 to 465 stores.
The global nutrition company focused on the well-being of children says the increase follows a strong performance in the Growing Up Milk Category, with its Sales Velocity (number of units sold per store per week) significantly exceeding expectations.
Newly appointed CEO, Steve Turner is driving the next stage of growth, with plans to increase Walmart Sales Velocity, expand the number of stores stocking NGS products, and gain additional retail distribution in the US.
Nutritional Growth Solutions has also developed a new product, Happy Tummies®, in collaboration with the Walmart merchant team and it will be stocked in stores in Q3/Q4.