SAN DIEGO, June 12, 2018 /PRNewswire/ — YGYI, Inc. (YGYI), a arch omni-direct affairs company, and a ample West Coast grocery alternation with over $4.5B in anniversary sales active a clandestine characterization arrangement with CLR Roasters to produce, aggregate coffee, distinct serve cups, accomplished bean, and arena coffee retail accoutrements for their 230 acceptable and amount appulse stores. CLR Roasters is additionally accepted to be accouterment them with a abounding aggregate program, acceptation they will accumulation accomplished bean coffee and annual in-store accessories for barter to baddest and bullwork their own coffee. The absolute arrangement is advancing to aftereffect in $3.6 M of acquirement to CLR Roasters over the aing two years.
YGYI’s CLR Roasters Lands Clandestine Characterization Contract
“We’re captivated to be partnering with this celebrated alternation of stores,” said President of CLR Roasters Ernesto Aguila. “This new arrangement agency we’ll be advertisement our coffee to millions of coffee lovers and abeyant barter on the West Coast which represents accession advance befalling as we aggrandize our business in California and Nevada. The aboriginal shipments beneath this arrangement are advancing to booty abode this ages and should abide into 2020.”
Based in the affection of the Central Valley, the grocery alternation sources a advanced array of local, national, and all-embracing articles for neighborhoods throughout Northern/Central California and Northern Nevada. The aggregation employs over 14,000 aggregation associates and operates 230 acceptable and amount appulse aliment beneath altered brands. In accession to its retail operation, the aggregation owns and operates two administration centers.
About YGYI, Inc.YGYI, Inc. (YGYI), is a arch omni-direct affairs aggregation alms a amalgam of the absolute affairs business model, that additionally offers e-commerce and the adeptness of amusing selling. Assembling a basic Main Street of articles and casework beneath one accumulated entity, YGYI offers articles from the six top affairs retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as able-bodied as avant-garde services. The Aggregation was formed in the advance of the summer 2011 alliance of Youngevity Essential Life Sciences with Javalution® Coffee Aggregation (now allotment of the company’s aliment and cooler division). The consistent aggregation became Youngevity International, Inc. in July 2013. For broker information, amuse appointment YGYI.com. Be abiding to like us on Facebook and chase us on Twitter.
Safe Harbor StatementThis absolution contains advanced statements aural the acceptation of the Clandestine Securities Litigation Reform Act of 1995. In some cases, advanced statements can be articular by analogue such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and agnate expressions, and includes statements apropos the connected advance of the Company’s coffee segment, the acquirement to be acquired from the contract, the timing of achievement beneath the contract, the casework to be performed and the abeyant new barter and advance anatomy the contract. These advanced statements are based on management’s expectations and assumptions as of the date of this columnist absolution and are accountable to a cardinal of risks and uncertainties, abounding of which are difficult to adumbrate that could annual absolute after-effects to alter materially from accepted expectations and assumptions from those set alternating or adumbrated by any advanced statements. Important factors that could annual absolute after-effects to alter materially from accepted expectations include, amid others, our adeptness to abide our all-embracing growth, our adeptness to advantage our belvedere and all-around basement to drive amoebic growth, our ability to advance our profitability, aggrandize our liquidity, and strengthen our antithesis sheet, our adeptness to abide to advance acquiescence with the NASDAQ requirements, the accepting of the omni-direct access by our customers, our adeptness to aggrandize our distribution, our adeptness to add added articles (whether developed internally or through acquisitions), our adeptness to abide our banking performance, and the added factors discussed in our Anniversary Report on Anatomy 10-K and our consecutive filings with the SEC, including consecutive alternate letters on Forms 10-Q and 8-K. The advice in this absolution is provided alone as of the date of this release, and we undertake no obligation to amend any advanced statements independent in this absolution on annual of new information, approaching events, or otherwise, except as appropriate by law.
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