ForeverGreen Worldwide Corporation's October 2014 Sales Increase 130%
ForeverGreen continues to experience triple digit year-over-year growth
PLEASANT GROVE, Utah, Nov. 11, 2014 /PRNewswire/ -- ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced today that October 2014 revenue exceeded October 2013 sales by more than 130%.
"During October 2014, our sales reached an all-time monthly high. Revenues were more than $5.8 million compared to a then record of $2.5 million during October 2013. We remain on track to achieve our seventh consecutive quarter of revenue growth and sixth straight quarter of profitability," said Jack Eldridge, CFO. "With the launch of several new products, we anticipate revenue and net profit growth continuing to accelerate moving forward. We remain on track for meeting or exceeding our previously announced revenue guidance for the year of $56-60 million."
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer Azul and FrequenSea(TM), whole-food beverages with industry exclusive marine phytoplankton, the Versativa line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R) and an entire catalog of meals, snacks, household cleaners and personal care products.
Forward-Looking Statement
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.
Contact:
ForeverGreen Worldwide Corporation
Craig Smith, 801-655-5500
[email protected]
or
Brokers and Analysts:
Chesapeake Group
Kevin Holmes, 410-825-3930
[email protected]
SOURCE ForeverGreen Worldwide Corporation
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