✅ FOD partners with Costco and expands distribution with Woolies

Woolworths, Coles, Metcash and now Costo Australia. The Food Revolution Group (ASX:FOD) has now launched its juice products in almost every major supermarket in Australia.

Costco Australia has agreed to to range FOD’s flagship Original Juice Company products in a 4x1 litre pack.

In addition to the Costco deal, Woolworths has agreed to increase distribution of the Juice Labs Wellness Shots - highlighting the success of the product amongst consumers.

The Shots are also being exported to Asian markets through distribution partner, Easychef.

According to CEO Steven Cail “increasing distribution remains a key pillar of the strategy in FY23”.

We think that FOD’s domestic distribution and new product strategy will position the company well for FY23 with the exciting ‘blue sky’ potential for export into key Asian markets the key catalyst for business expansion and growth.