SAN DIEGO, May 6, 2019 /PRNewswire/ -- Youngevity
International, Inc. (NASDAQ: YGYI), a leading multi-channel
lifestyle company, announced the expansion of its Josies Java
House™ Brand into 570 retail doors throughout Southeastern
Grocers. The new distribution footprint now includes 400 Winn
Dixie stores, 96 Bi-Lo stores, 25 Fresco Y Mas stores, and 50
Harvey stores. The new program comes on the heels of the
successful promotion of the company's espresso brands Café La Rica
and Café Cachita which is now available in Florida, Georgia, Alabama, Louisiana, Mississippi, and North and South
Carolina. Josies Java House consists of a variety of flavor
profiles available in single serve format that is compatible with
the Keurig™ Brewers and other popular single serve
brewing machines.
"We are very excited to see our Josies Java House Brand adding
to our successful partnership with Southeastern Grocers. Our
multi-brand strategy continues to develop a stronger footprint at
retail," stated Ernesto Aguila,
President of CLR, and Founder of the CLR Roasters. "We are
quite enthusiastic to see growth taking place with our single serve
Josies Java House Brand as this is a major focus for our company
this year."
Dave Briskie, President and CFO,
of YGYI, the parent company that owns CLR Roasters, stated,
"Our Coffee Division is off to a fast start this year. We are
seeing strong growth within our green coffee distribution as well
as growth within our roasted coffee division including our company
owed brands. We look forward to seeing Josies Java House
becoming available in all Southeastern Grocers locations with a
planned on shelf date of Q4 of this year."
About CLR Roaster
Youngevity's coffee manufacturing division, CLR Roasters,
was established in 2001 and is a wholly-owned subsidiary. CLR
Roasters is a full-sized coffee roaster that produces gourmet
coffees under its own boutique brands — Café La Rica®, Josie's Java
House®, and Javalution®; manufactures a variety of private labels
for major national chains; and for the direct selling channel under
Youngevity International. The company remains one of the largest
suppliers in North America to the
cruise line industry. CLR was the first entrant into the fortified
coffee niche with its Youngevity JavaFit® brand. In May 2014, CLR acquired a coffee plantation and
processing facility in Nicaragua,
allowing the entity to control coffee production and quality — from
field to cup.
About Youngevity International, Inc.
Youngevity International, Inc.
( NASDAQ : YGYI ), is a multi-channel lifestyle
company operating in 3 distinct business segments including a
commercial coffee enterprise, a commercial hemp enterprise, and a
multi-vertical omni direct selling enterprise. The Company features
a multi country selling network and has assembled a virtual Main
Street of products and services under one corporate entity, YGYI
offers products from the six top selling retail categories:
health/nutrition, home/family, food/beverage (including coffee),
spa/beauty, apparel/jewelry, as well as innovative services. For
investor information, please visit YGYI.com. Be sure to like us on
Facebook and follow us on Twitter.
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. In
some cases, forward-looking statements can be identified by
terminology such as "may," "should," "potential," "continue,"
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," and similar expressions, and include statements
regarding Josies Java House becoming available in all Southeastern
Grocers locations with a planned on shelf date of Q4 of this year.
These forward-looking statements are based on management's
expectations and assumptions as of the date of this press release
and are subject to a number of risks and uncertainties, many of
which are difficult to predict that could cause actual results to
differ materially from current expectations and assumptions from
those set forth or implied by any forward-looking statements.
Important factors that could cause actual results to differ
materially from current expectations include, among others,
our ability to expand into all Southeastern Grocers
locations by Q4 of this year, our ability to continue our coffee
segment growth, our ability to continue our international growth,
our ability to leverage our platform and global infrastructure to
drive organic growth, our ability to improve our profitability,
expand our liquidity, and strengthen our balance sheet, our ability
to continue to maintain compliance with the NASDAQ requirements,
the acceptance of the omni-direct approach by our customers, our
ability to expand our distribution, our ability to continue
our financial performance and the other factors discussed in our
Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with
the SEC, including subsequent periodic reports on Forms 10-Q and
8-K. The information in this release is provided only as of the
date of this release, and we undertake no obligation to update any
forward-looking statements contained in this release on account of
new information, future events, or otherwise, except as required by
law.
All product names referenced herein are trademarks of their
respective companies.
Contacts:
Youngevity International, Inc.
Dave Briskie
President and Chief Financial Officer
1 800 982 3189 X6500
Investor Relations
YGYI investor relations
800.504.8650
investors@ygyi.com
Media Contact
Dwain
Schenck
Schenck Strategies
203-223-5230
dwain@schenckstrategies.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ygyis-clr-roasters-announces-multi-chain-expansion-of-company-owned-josies-java-house-brand-into-southeastern-grocers-300844074.html
SOURCE Youngevity International, Inc.