Nutritional Growth Solutions (ASX:NGS) expanded into Wakefern, a Northeast American grocery retailer, with plans to roll out four Healthy Heights products across 300 stores, starting in the second quarter of the year, according to a Tuesday filing with the Australian bourse.
The estimated annualized sales potential is $750,000, contingent on forecasted velocity rates being satisfied, the filing said.
Vendor registration and setup are complete, with initial shipments expected in April, according to the filing.
Shares surged 50% in recent trade Tuesday.