FG Xpress Product Sales Growing Beyond Expectations

Before you go, we thought you'd like these...
Before you go close icon

FG Xpress Product Sales Growing Beyond Expectations

- Sales of FG Xpress increased 204% over Q1 2013

OREM, Utah--(BUSINESS WIRE)-- ForeverGreen Worldwide Corporation (FVRG), a leading provider of nutritional foods and other healthy products, today announced that sales of the FG Xpress product PowerStrips grew 204% during Q2 2013. During the first half of the year sales for FG Xpress were approximately $2.4 million.

Ron Williams, CEO, explained, "We are pleased that our higher margin products now account for about half of our overall sales. Originally, we forecasted $6 million in sales from FG Xpress for 2013. We are currently tracking nearly 50% ahead of our internal expectations necessary to achieve this sales goal. With an almost limitless number of countries in which we can do business and the repeat customer buying of these products we are experiencing, the pace of this growth should not only continue but accelerate. When linked to some of the other trends and milestones that were recently achieved we remain committed to large sales growth in the coming quarters. It took us over a decade to achieve our first $250 million in sales. We are confident that we will achieve this during the next 3-4 years. More importantly, we will do it with a high level of profitability."

ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, South America and Africa. Offerings include their new global offering, Power Strips. Additionally, they offer Azul and FrequenSea™ whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03World™ weight management products, Pulse-8 powdered L-arginine formula, TRUessence™ Essential Oils and Apothecary, 24Karat Chocolate®, and an entire catalog of meals, snacks, household cleaners and personal care products. www.forevergreen.org

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.

ForeverGreen Worldwide Corporation
Craig Smith, 801-655-5500
Brokers and Analysts:
Chesapeake Group
Kevin Holmes, 410-825-3930

KEYWORDS:   United States  North America  Utah


The article FG Xpress Product Sales Growing Beyond Expectations originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

People are Reading