Tag Archive for gourmet coffee

Hot Business News Today

Organo Celebrates Romania Grand Opening

by  •  • 0 Comments

 
Organo™, the gourmet coffee company that caters to consumers active lifestyles, is officially celebrating the grand opening of Romania with a weekend of events open to Distributors and the general public, which opened operations in September.
The grand opening weekend will commence with a VIP reception and dinner on October 10 for all ORGANO™ Independent Distributors ranked Sapphire and above. October 11 activities will be celebrated with all ORGANO™ Independent Distributors, their customers and the general public. The popular European ORGANO™ Beverage Truck will be on hand dispensing logo merchandise and Distributor promotional packages. ORGANO™’s popular “Zone 1” leadership training will be available to Distributors.
ORGANO™ leaders in attendance will include Black Diamond Zarko Drozdek, Markus Haselrieder, Angelica Enache, Pascal DeBruyne, Dobi Sandor, Szylvester Gyulai and Roland Kegye.

“Romanians are rediscovering their love of coffee

Read more...

Hot Business News Today

Youngevity Records $38.7 Million in Q2

by  •  • 0 Comments

 
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights:

Revenues increased 18.4% over the prior year period to $38.7 million;
Gross Profit increased 25.7% to $23.8 million compared to the prior year period;
Operating Income increased 84.3% to $2.3 million compared to the prior year period;
A non-cash expense of $2.2 million was recorded in other expense due to change in fair value of warrant derivative liability;
Adjusted EBITDA increased 63.3% to $3.3 million compared to the prior year period and 151% over the prior quarter.

“We are excited to report record revenue and record adjusted EBITDA for the second quarter

Read more...