Nuheara Expands US Market for HP Hearing PRO with Walmart and Best Buy

Nuheara Limited (ASX:NUH) is rapidly expanding its presence in the US by significantly increasing its distribution network and enhancing affordability for its HP Hearing PRO product. This medical device and consumer electronics manufacturer will be extending its retail reach to over 5,000 stores across North America by the end of this year. Nuheara's HP Hearing PRO, a US FDA-approved hearing aid, will be available in more than 4,000 Walmart stores from October 2023, marking its debut in the retailer.

Additionally, the product will be offered in 600 Best Buy stores by October. The company's strategy aims to provide accessible and affordable hearing solutions, reflected in the reduced consumer price of $499. Nuheara is also set to introduce a new single chip hearing aid, Generation 4, at the US Consumer Electronic Show (CES) in January 2024. This innovation promises enhanced features and cost efficiency.

Customer Notice:

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.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com