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Forbidden Foods Ltd ( (AU:OMG) ) just unveiled an announcement.
OMG Group Ltd has announced a significant expansion of its Blue Dinosaur product range into 750 7-Eleven stores across Australia, marking a major milestone in its multi-channel sales strategy. This move is expected to significantly boost sales and enhance the company’s presence in the petrol and convenience store segment, complementing recent agreements with QuikStop and Canteen One. The company has reported record cash receipts and ecommerce growth, positioning itself as a leading multi-brand entity in the fast-moving consumer goods sector, with aims for near-term profitability.
More about Forbidden Foods Ltd
OMG Group is a health & wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brands include Blue Dinosaur and Oat Milk Goodness, catering to consumer demand for high-quality food options.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.1M
For an in-depth examination of OMG stock, go to TipRanks’ Overview page.