Youngevity Reports Revenue Up 30.9 Percent, Record Q1

For the first quarter ending March 31, Youngevity reported a record-breaking increase of 30.9 percent over the same period in 2018. The company reported that 59 percent of it revenue was derived from its direct selling segment and approximately 41 percent of its revenue from its commercial coffee segment. The company’s direct selling segment revenues decreased 5.4 percent to $33.4 million compared to $35.3 million for the same time last year. Commercial coffee increased by 196.9 percent in the quarter,  increasing from $7 million to $23 million. The increase was primarily attributed to the company’s CLR coffee contract for $250 million over five years.