Stamford, Lincolnshire

NewAge Announces Timing for Third Quarter 2020 Financial Results and Conference Call

Retrieved on: 
Monday, November 2, 2020
Geography of Colorado, Cummins, Newage, Stamford, Lincolnshire, NASDAQ, Conference call, Omni, GlobeNewswire, Denver, Service industries, Finance

DENVER, Nov. 02, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based omni-channel social selling and distribution company, today announced that it will release financial results for its third quarter ended September 30, 2020, before the stock market opens on Monday, November 9, 2020.

Key Points: 
  • DENVER, Nov. 02, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based omni-channel social selling and distribution company, today announced that it will release financial results for its third quarter ended September 30, 2020, before the stock market opens on Monday, November 9, 2020.
  • The company will hold a conference call and webcast for investors at 8:00 a.m. Eastern Time that same day.
  • Please call the conference telephone number 15 minutes prior to the start time due to increased demand for conference calls.
  • The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results.

Thinking about buying stock in American Express, Advanced Micro Devices, Newage Beverage, Bank of America, or Align Technology?

Retrieved on: 
Friday, October 23, 2020
Stock market, Cummins, Newage, Stamford, Lincolnshire, Multimedia, Stock, Corporate finance, Articles, Microeconomics

InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.

Key Points: 
  • InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-a...

NewAge DSD Division Experiencing Strong Growth

Retrieved on: 
Thursday, October 15, 2020
Cummins, Newage, Stamford, Lincolnshire, Hillegass

Brent Willis, Chief Executive Officer of NewAge, said, The NewAge Direct-Store-Distribution (DSD) division, under the exceptional leadership of Josh Hillegass, is having one of its highest performing years on record.

Key Points: 
  • Brent Willis, Chief Executive Officer of NewAge, said, The NewAge Direct-Store-Distribution (DSD) division, under the exceptional leadership of Josh Hillegass, is having one of its highest performing years on record.
  • The model that NewAge is employing is consistent with what it has been doing with many of its long-standing partners like Sparkling Ice, Jarritos, and others that are recently experiencing record growth.
  • We continue to see milestones eclipsed month after month, from some of our longest standing partners who are achieving record sales heights, said Josh Hillegass, President of NewAges DSD Division.
  • NewAges DSD Division is one of the largest and fastest growing independent distributors in the country.

NewAge Expands Operations To Brazil

Retrieved on: 
Friday, October 9, 2020
Cummins, Newage, Stamford, Lincolnshire

NewAge established operations and its office in Sao Paulo in the second quarter and is now expanding operations to take advantage of the burgeoning opportunity there.

Key Points: 
  • NewAge established operations and its office in Sao Paulo in the second quarter and is now expanding operations to take advantage of the burgeoning opportunity there.
  • ARIIX has recently commenced operations in Brazil.
  • NewAge markets a portfolio of differentiated healthy functional brands in three category platforms including Health & Wellness, Healthy Appearance, and Nutritional Performance.
  • NewAge competes in a rapidly growing and transforming industry, and risk factors, including those disclosed in the company's filings with the Securities and Exchange Commission, might affect the Companys operations.

NewAge and ARIIX Update Merger Agreement

Retrieved on: 
Thursday, October 1, 2020
Cummins, Newage, Stamford, Lincolnshire, Organic food, Articles

NewAge has already identified more than $10 million in annualized synergies to be implemented this year from the combined group.

Key Points: 
  • NewAge has already identified more than $10 million in annualized synergies to be implemented this year from the combined group.
  • Fred Cooper, CEO of ARIIX said, The strength of our two companies coming together will have significant benefits to all our stakeholders around the globe.
  • On July 20, 2020, NewAge, Inc., announced the signing of an agreement to acquire ARIIX and four other e-commerce/direct selling companies.
  • NewAge is a Colorado-based organic and healthy products company dedicated to inspiring and educating consumers to Live Healthy.

Zachert Private Equity Acquires Brands Within Reach From Newage, Inc.

Retrieved on: 
Tuesday, September 29, 2020
Cummins, Newage, Stamford, Lincolnshire, Boiling water reactor, Morinda, Inc.

MAMARONECK, N.Y., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Zachert Private Equity GmbH, the Brandenburg Germany based private equity company, has acquired Brands Within Reach (BWR) including its owned retail brands and various licensing and distribution rights from NewAge, Inc. (NASDAQ: NBEV), the Denver Colorado based omni-channel sales and distribution company, in a deal valued at US15 million dollars.

Key Points: 
  • MAMARONECK, N.Y., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Zachert Private Equity GmbH, the Brandenburg Germany based private equity company, has acquired Brands Within Reach (BWR) including its owned retail brands and various licensing and distribution rights from NewAge, Inc. (NASDAQ: NBEV), the Denver Colorado based omni-channel sales and distribution company, in a deal valued at US15 million dollars.
  • Olaf Zachert, Managing Director of Zachert Private Equity, commented, We see a great potential in the portfolio of BWR.
  • We know that with the necessary attentionof restructuring, expansion, and further development, we will see significant growth for all of the BWR brands.
  • NewAge markets a portfolio of better-for-you products including the brands Tahitian Noni, TeMana, Nhanced and others.

NewAge Completes the Planned Divestment of its ‘Brands Within Reach’ Group

Retrieved on: 
Tuesday, September 29, 2020
Cummins, Newage, Stamford, Lincolnshire

Olaf Zachert, Managing Director of Zachert Private Equity, commented, We see a great potential in the portfolio of these brands.

Key Points: 
  • Olaf Zachert, Managing Director of Zachert Private Equity, commented, We see a great potential in the portfolio of these brands.
  • We look forward to a successful collaboration with Olivier Sonnois who will be joining our team as part of the agreement.
  • On July 20, 2020, NewAge, Inc., announced the signing of a definitive agreement to acquire ARIIX and four other e-commerce/direct selling companies.
  • NewAge has exclusively partnered with the world's 5th largest water charity, WATERisLIFE, to end the world water crisis with the most innovative technologies available.

NewAge Announces Timing for Second Quarter 2020 Financial Results and Conference Call

Retrieved on: 
Tuesday, August 4, 2020
Geography of Colorado, Cummins, Newage, Stamford, Lincolnshire, Conference call, NASDAQ, Denver, Regions of the United States, Cities in the United States

DENVER, Aug. 04, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy and organic products company, today announced that it will release financial results for its second quarter ended June 30, 2020, before the stock market opens on Monday, August 10, 2020.

Key Points: 
  • DENVER, Aug. 04, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy and organic products company, today announced that it will release financial results for its second quarter ended June 30, 2020, before the stock market opens on Monday, August 10, 2020.
  • Please call the conference telephone number 15 minutes prior to the start time due to increased demand for conference calls.
  • A replay of the conference call will be available after 11:00 a.m. Eastern Time on the same day through Monday, August 17, 2020.
  • The forward-looking statements are based on the assumption that operating performance and results will continue in line with historical results.

NewAge Beverages Corporation Changes Name to NewAge, Inc. to Reflect Strategic Priorities and Opportunities in Front of the Company

Retrieved on: 
Wednesday, July 29, 2020
Business, Marketing, Trade, Cummins, Newage, Stamford, Lincolnshire, Direct-to-consumer, E-commerce

NewAge is a Colorado-based organic and healthy products company dedicated to inspiring and educating consumers to Live Healthy.

Key Points: 
  • NewAge is a Colorado-based organic and healthy products company dedicated to inspiring and educating consumers to Live Healthy.
  • The Company has announced the merger of NewAge with ARIIX and four other e-commerce/direct selling companies on July 21, 2020.
  • ARIIX is a Utah-based e-commerce and direct-to-consumer company with a network of more than 130,000 independent representatives.
  • Unless required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements.

NewAge Agrees to Combine with ARIIX and Four Additional E-Commerce/Direct Selling Companies to Create a >$500 Million Global Enterprise

Retrieved on: 
Monday, July 20, 2020
Cummins, Newage, Stamford, Lincolnshire, Pro forma, Disruptor

The combination will create a global firm with estimated pro forma revenues in excess of $500 million across more than 75 countries worldwide.

Key Points: 
  • The combination will create a global firm with estimated pro forma revenues in excess of $500 million across more than 75 countries worldwide.
  • ARIIX was created to be a disruptive force in the e-commerce and direct selling channels.
  • At closing, NewAge will pay $25 million in cash and will issue 18 million shares of the Companys common stock.
  • Similar to ARIIX, NewAge has also been a disruptor, growing from $2 million to over $250 million by the end of 2019 in less than 4 years since inception.