RE: Units1 Oct 2020 10:57
Trading Update RNS 05Feb 2020... https://www.lse.co.uk/rns/ZOE/trading-update-mu2fiqgc6h6hn1g.html
"Total stores represented by these two distributors are approximately 12,000. The Company's realistic objective is to supply around 500 new stores per month, subject to customer demand and manufacturing constraints, and so management estimate that it is likely to take up to two years for products to be rolled out across the entire network. Zoetic has recently been selling between two and three packs of each of the chew pouches and smokables per store, per day, where they are currently stocked. However, these have been achieved with the products being placed on shelves with multiple other brands. Moving forward, the Company is introducing display cases which hold 48 of its products. These are typically placed on the sales counter and, by increasing brand awareness, management estimates that the introduction of these cases could potentially double daily sales given the prominence they give to the Chill brand and products."