Sales drops down from $17.8 Million in Q1 – 2015 to approx. $12 Million in Q1 – 2016.
Advanced efforts have begun and cut over $500K on a monthly basis.
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced the company has continued to make profitability a priority in 2016 with several advances in its business operations, some of which include cost cutting, trimming markets, staff reorganization among other changes to make operations more efficient.
“During the first quarter of 2016, our sales reached approximately $12 million,” said Jack Eldridge, CFO.
Our recent cost cutting measures have cut over $500,000 a month in overheard.
With these efforts, including staff and region reorganization, and anticipating the launch of several new products in the next few weeks, we anticipate second quarter revenues