$TTCF The investor presentation set a projected revenue of $149M for 2020. This figure will most likely be beat, thanks to an expansion to Target and the launch of the DTC online store. Neither of these outlets were priced-in to the 2020 revenue estimate. Admittedly, CEO Sam Galletti noted that online sales will not be a huge revenue stream but will raise brand awareness & provide a convenience to those customers who seek it. A marketing push is set to commence in January, along with several new SKU's hitting store shelves. New offerings are said to "blow some minds," according to Galletti. Creative Director & daughter of CEO Sarah Galletti acknowledged the company's plant-based pepperoni is a proprietary blend made in-house & plans to add additional plant-based meats to new products. A distribution parntership w/ KeHE may be putting products on the shelves in Sprouts Farmers Markets & Albertsons stores. None of the aforementioned plans are baked into the 2021E revenue of $220M.
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