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Forbidden Foods Ltd ( (AU:OMG) ) has issued an announcement.
OMG Group Ltd has secured a new distribution agreement with Metro Petroleum to stock Blue Dinosaur protein bars in 300 stores, primarily in New South Wales. This agreement is part of OMG Group’s strategy to diversify its distribution network, complementing recent expansions with other retailers like Woolworths and 7-Eleven. The deal is expected to boost sales during the high-demand December-January period, leveraging the company’s successful marketing campaigns and record sales momentum.
More about Forbidden Foods Ltd
OMG Group Ltd is a company operating in the retail distribution industry, focusing on a multi-brand portfolio that includes products like Blue Dinosaur protein bars and Oat Milk Goodness (OMG) PrOATein ready-to-drink products. The company is expanding its distribution footprint through partnerships with major grocery retailers and petrol & convenience store channels, aiming to enhance its market presence and sales.
Average Trading Volume: 4,026,974
Technical Sentiment Signal: Sell
Current Market Cap: A$10.29M
Find detailed analytics on OMG stock on TipRanks’ Stock Analysis page.