ForeverGreen on Pace to Have Banner Year
Baltimore, Maryland / February 25, 2014 / In a recently released article, Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, notes that despite the headwinds of storms that have impacted GDP growth this quarter, consumers are hot for ForeverGreen Worldwide's (OTCQB - FVRG) products. Goldman's assessment is based upon tremendous year-over-year revenue growth for the month of January 2014, as recently reported by the company.
According to its recent press release, January revenue exceeded January 2013 revenue by more than 160%. This news comes on the heels of an earlier announcement proclaiming that revenue for 2013 met expectations for previously announced targets of $16 - $18 Million, and was likely at the top end of the range. Clearly, the company's marketing and sales channels are generating big volume and interest, driven in large part by the PowerStrips line, which Goldman believes could grow faster as sales and operating efficiencies occur via back-office consolidation of the marketing entities.
In the article Goldman states, "While monthly sales growth rates have consistently risen year-over-year, the rate of growth appears to be accelerating, which means that current 2014 revenue expectations could be too low. Moreover, it is rare to see the level of growth rates in any size entity."
"We should note that ForeverGreen is not the only firm in the pace enjoying strong results. The 800-pound gorilla in the industry, Herbalife recently reported results exceeding expectations and management raised guidance as well. The ForeverGreen performance combined with the Herbalife news should give investors comfort that the industry is in the midst of a major upswing in business. Considering that ForeverGreen is generating the industry's greatest top-line growth rates and trades at a low relative P/E multiple, it is likely that the stock begins to arrive on many investors' radar screens this quarter."
This press release contains excerpts of our most recently published sponsored article on ForeverGreen Worldwide Corporation. To view a sponsored research report, article, disclosures and disclaimers, or to download the report and articles in their entirety, please visit http://www.goldmanresearch.com/ .
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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. For more info about PowerStrips, visit http://freepainrelief.com
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.