FG Xpress Sales Reach Record Level in August

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

FG Xpress Sales Reach Record Level in August

- FG Xpress Sales Exceed $4MM for 2013

- FG Xpress Sales for Q3 2013 Already Exceeded Q2 2013 Sales

OREM, Utah--(BUSINESS WIRE)-- ForeverGreen Worldwide Corporation (FVRG), a leading provider of nutritional foods and other healthy products, today announced that sales, especially those of the higher margin FG Xpress brand, are continuing to grow. Sales for FG Xpress during August were slightly more than half of total sales for the company.

Ron Williams, CEO, commented, "Each month since the pre-launch of the product brand in November 2012, sales of FG Xpress products have accelerated, a trend we don't envision changing for the foreseeable future. In the last six weeks alone we have experienced over $1MM in sales of these products and will far surpass our original goal of $6MM in sales for FG Xpress during 2013. All of our leading indicators including new distributor growth, repeat customer percentages, percentage of customers on monthly autoship, and countries in which we are selling product are suggesting that FG Xpress sales for the remainder of 2013 should exceed sales during the prior 8+ months of 2013. Our sales and overall gross margins continue to accelerate. It is thrilling to continue to add new customers at an accelerating rate. Our internal team understands how to properly handle the fast acceleration of growth they experienced at companies like Neways International, Nu Skin Enterprises and Shaklee Corporation and were directly responsible for delivering tens of billions of dollars in sales to these companies. By establishing our infrastructure, IT and management in advance to be able to handle our large anticipated growth moving forward we are beginning to observe some economies of scales. The feedback and enthusiasm for FG Xpress products and the companies' message are very rewarding."

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, PowerStrips. 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 Sales Reach Record Level in August 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