LINDON, Utah, February 21, 2018 /PRNewswire/ --
ForeverGreen™ Worldwide Corporation (OTCQB: FVRG), a global direct marketing company and provider of health and wellness products announces that it anticipates continued profitability.
Driven by cost cutting and increased efficiencies, ForeverGreen is pleased to announce that the company posted an operating profit for the quarter ended September 30 2017, and that trend is continuing.
The operating profit for the 2017 third quarter was small, but a significant milestone for the company. Preliminary results suggest profitability noticeably increased during the fourth quarter ending December 31, 2017. The company anticipates releasing a fully audited earnings report in approximately 45 days.
"The first half of the company's current quarter of 2018, suggests that profits have continued to accelerate, and we are also seeing increased sales and activities. There are a number of explanations why ForeverGreen is building momentum. We believe the simplification of our message, a renewed focus on historically strong selling products and the release of new products are driving this growth. Based on our metrics that we consider strong leading indicators, we are optimistic these growth trends will continue moving forward," stated Rick Redford, ForeverGreen CEO.
About ForeverGreen™ Worldwide Corporation
ForeverGreen Worldwide Corporation was founded in 2004, and develops, manufactures and distributes an expansive line of all-natural products to North America, Europe and Asia, including its global Xpress offering Prodigy-5™, featuring Trans Armor Nutrient Technology™, as well as Pulse-8™ powered L-arginine formula for cardiovascular health. Additional products include PowerStrips™, SolarStrips™, with industry exclusive Marine Phytoplankton.
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.
For more information:
Brokers and Analysts:
SOURCE ForeverGreen™ Worldwide Corporation