Our new trade alert LTEA has just released breaking news that could potentially be a catalyst for upside opportunity.
Long Island Iced Tea Corp. Continues Northeast Expansion, Announces New and Expanded Local Partnerships
HICKSVILLE, NY--(Marketwired - Jul 12, 2017) - Long Island Iced Tea Corp. ( NASDAQ : LTEA ) (the "Company"), a growth-oriented company focused on the non-alcohol ready-to-drink ("NARTD") tea segment in the beverage industry, today announced new and expanded partnerships in the New York Metro area with Target, Stew Leonard's, City Fresh Market, Cherry Valley Marketplace and Fairway Market.
Long Island Iced Tea® will now be available in:
- 13 initial Target locations in Long Island and New York City (18oz bottles)
- Stew Leonard's in Farmingdale, New York (18oz bottles)
- All 24 City Fresh Market and Cherry Valley Marketplace locations (18oz and gallon bottles)
- All 15 Fairway Market locations (18oz and gallon bottles, demand driven expansion from 18oz bottles only)
Philip Thomas, Chief Executive Officer of the Company, commented, "We are excited to be announcing these new and expanded partnerships, demonstrating our continued growth within our existing geographic footprint, as well as into new territories. Our brand has its roots in the Northeast and these partnerships will further strengthen our presence across this market."