Youngevity International, Inc. (OTCQX: YGYI) is a
nutritional and coffee company offering more than 1,000 high quality,
technologically advanced products across a collection of consumer markets. The
company’s primary brands include Youngevity® Essential Life Sciences, which
offers consumers a wide selection of life-enhancing products, as well as CLR
Roasters, one of the largest coffee roasters in the United States. Through
these brands, Youngevity is adhering to an aggressive growth strategy through
direct selling, traditional marketing, mergers and acquisitions.
In the first quarter of 2015, the company leveraged its
growth strategy to post impressive financial results. For the period,
Youngevity realized a 39.4 percent increase in year-over-year net revenue,
posting $36.8 million, as well as a 28.1 percent boost in gross profit.
“In the first quarter, we remained focused on accelerating
our revenue via targeted acquisitions, strengthening our geographic expansion,
and steady organic growth in both our direct selling and coffee business
segments,” Steve Wallach, chief executive officer of Youngevity, stated in a
news release. “We are very excited about the opportunities ahead of us and
believe that we are well positioned to deliver long-term shareholder value.”
In May, Youngevity took a major step toward securing future
growth through the acquisition of Mialisia, a direct-sales company that
specializes in interchangeable jewelry. Through the agreement, the company will
add Mialisia’s patent-pending line of jewelry to its product offerings while
effectively expanding its distribution network to include the existing customer
base of its new subsidiary.
The company has also made significant strides toward growing
its CLR Roasters brand in recent weeks. In particular, Youngevity announced a
five year agreement with a leading specialty food sales and marketing company
for exclusive rights to roast, grind and package eight different coffee
products in single-serve capsules. The deal should provide the company with
over $13 million in additional revenue over the five year period, in addition
to providing for automatic renewals for successive five year terms upon its
completion.
By building upon its presence in the single-serve coffee
niche, Youngevity should be in a strong strategic position to realize continued
growth in the future. The single-cup brewing market is expected to climb to $8
billion by 2017, which would be a 250 percent increase from 2012, according to
a global leader in food and agribusiness financing.
For prospective shareholders, Youngevity’s recent growth
across a collection of expanding markets makes the company an intriguing
investment opportunity. The company should be kept on radar as the management
team builds on its progress through a combination of strategic acquisitions and
expanding distribution efforts.
For more information, visit www.ygyi.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment