Bubs Australia (ASX: BUB) has signed a deal with Walmart Inc to purchase a shipment of six Bubs® Infant Formula products along with two Aussie Bubs™ Toddler Formula products which will be distributed to ~ 800 Walmart stores in the U.S.
As per the deal, Walmart wouldbuy complete shipment including ~ 85,000 tins of Bubs® Infant Formula, filling a Boeing 747-400F cargo aircraft chartered by the U.S. Government under the ‘Fourth Operation Fly Formula Mission.
At AEST 10:42 AM, BUB shares are trading at AU$0.615, up 8.849% from the previous close.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
