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Corporate Information

Long Island Iced Tea Corp. operates in the ready-to-drink tea segment of the beverage industry. The Company has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price.

The Company is currently organized around its flagship brand Long Island Iced Tea, a premium, ready-to-drink, proprietary recipe iced tea sold primarily on the East Coast of the United States through a network of national and regional retail chains and distributors.

Press Releases

Long Island Iced Tea Corp. Announces New Midwest Partnership with Sunrise Foods
May 24, 2017

- Sunrise Foods is a Preferred Distributor for SpartanNash -

- Long Island Iced Tea Corp. Authorized to Sell in SpartanNash -

Hicksville (Long Island), NY (May 24, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) tea segment in the beverage industry, today announced that it has signed an agreement with Sunrise Foods Distribution Co. (“Sunrise”) to serve as a distributor for its flagship brand Long Island Iced Tea® throughout the Michigan market. This partnership continues to build out our distribution footprint in the Midwest markets.   

Headquartered in Grand Rapids, Michigan and operating for approximately 20 years, Sunrise is a distributor of food and beverage products across the Michigan market. Sunrise is a preferred distributor for SpartanNash Company, a Fortune 400 company that is a national grocery distributor that provides a wide variety of nationally branded and private brand products to approximately 2,100 independently-owned supermarkets and 159 corporate owned retail stores.

Philip Thomas, Chief Executive Officer of the Company, stated, “We are committed to building our brand and our distribution into new regions, and this partnership with Sunrise is a significant step in our expansion. Michigan is a fantastic market with a lot of opportunity, and we are proud to partner with them to provide their customers with our high-quality Long Island Iced Tea® brand, a premium iced tea positioned at an affordable price.”

The Long Island Iced Tea® brand is available through Sunrise in both 18-oz and gallon sizes. Our Long Island Iced Tea® line features 11 refreshing real-fruit flavors. We expect this partnership to help kick off the summer selling season and drive distribution in this Midwest market.

   

About Sunrise Foods Distribution Co.

Headquartered in Grand Rapids, Michigan and managed by Darrell Springette, Sunrise has been operating for approximately 20 years as a distributor of food and beverage products across the Michigan market.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Expands in Puerto Rico through New Partnership with Supermercados Econo
May 11, 2017

- Supermercados Econo is the Largest Supermarket Grocery Chain in Puerto Rico -

Hicksville (Long Island), NY (May 11, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) segment in the beverage industry, today announced that it has secured placement of its flagship brand Long Island Iced Tea® in Puerto Rico across all 63 Supermercados Econo (“Econo”) locations.

The Company has previously announced a broadening of focus into the Latin American and Caribbean markets, which it considers ‘home markets’, as they do not require the establishment of additional manufacturing capacity outside of the US. Econo is the largest supermarket grocery chain in Puerto Rico. This new partnership is the result of the Company’s previously announced distribution agreement with Vaqueria Tres Monjitas, one of the premier beverage distributors in Puerto Rico. Long Island Iced Tea® will be available at Econo locations in 18oz bottles.

Philip Thomas, Chief Executive Officer of the Company, commented, “We are thrilled to partner with Econo and substantially expand our distribution in Puerto Rico. Econo is the largest grocery store chain on the island and takes pride in providing customers with the best quality products at affordable prices.  We are excited for their customers to begin enjoying Long Island Iced Tea®.”

 

About Supermercados Econo

Founded over 45 years ago by businessmen Don Facundo Colón and Rafael Acosta, Supermercados Econo is the largest grocery store chain across Puerto Rico with 63 locations. Econo is based on consolidation, efficiency and maintaining an excellent relationship with suppliers and customers. As a result of its focus on quality and customer service, it has grown to 63 locations that total over one million square feet of sales area and more than 6,000 employees. To learn more about Supermercados Econo, visit www.superecono.com.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Announces Preliminary 2017 First Quarter Net Sales Results
May 4, 2017

- First Quarter Net Sales Expected to Increase 119% Year-over-Year -

Hicksville (Long Island), NY (May 4, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcoholic ready-to-drink (“NARTD”) segment in the beverage industry, today reported preliminary unaudited net sales results for the three-month period ended March 31, 2017. These preliminary results are subject to completion of the Company’s quarter-end financial reporting processes and reviews and other financial and accounting procedures.

Philip Thomas, CEO of the Company, commented, "The Company experienced another great quarter, reaching new milestones and achieving positive brand momentum to start 2017. We announced in the quarter our first major brand partnership, becoming the exclusive iced tea of The New Coliseum Presented By New York Community Bank. We also announced new distribution partnerships including Lipari Foods in the Midwest and Diviza S.A. in Colombia, our first ever partnership in South America. In March, we announced our first product line extension, The Original Long Island Brand™ Lemonade, a premium lemonade infused with a splash of tea in nine flavors, which will be available in the second quarter of 2017. Although we continued to experience solid net sales growth, the delayed transition to our new 18oz bottle negatively impacted Q1 2017 net sales as new customers waited for the new bottle, which we launched in April 2017.”

Note: Net sales figures listed below are shown after being reduced by all promotional rebates issued to distributors and customers.

Estimated net sales highlights for the three months ended March 31, 2017:

  • Estimated net sales growth is primarily due to a combination of brand momentum and an increase in distribution, including an increase in sales of the Alo Juice® brand.
  • Estimated net sales is expected to increase approximately 119% to approximately $1,113,337 for the three months ended March 31, 2017, as compared to $508,169 for the comparable prior-year period.

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include possible accounting adjustments made in the process of finalizing reported financial results, the Company’s history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016.  When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Expands Distribution through C&S Wholesale Grocers Partnership
May 2, 2017

- C&S is the Largest Wholesale Grocery Supply Company in the U.S. -

Hicksville (Long Island), NY (May 2, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcohol ready-to-drink (“NARTD”) segment in the beverage industry, today announced that its flagship brand Long Island Iced Tea® will now be distributed through C&S Wholesale Grocers, Inc. (“C&S”), which is the largest wholesale grocery supply distributor in the United States.

C&S currently serves approximately 6,500 stores from more than 50 locations in 15 states. Among its customers are many of America's best known companies, including Stop & Shop, Giant of Carlisle, Giant of Landover, BI-LO/Winn-Dixie, Safeway, and Target. C&S is one of the largest privately held companies in the U.S., with fiscal 2015 net sales of approximately $30 billion.

Philip Thomas, Chief Executive Officer of the Company, stated, “We are thrilled to begin this new partnership with C&S, a premier national distributor with a vast network that will enable us to continue our growth in new and existing markets. C&S is the largest wholesale grocery supply distributor in America, and partnering with them demonstrates the attractive value proposition of Long Island Iced Tea®, a premium iced tea positioned at an affordable.”

Long Island Iced Tea® is a NARTD tea available through C&S in gallon bottles.

 

About C&S Wholesale Grocers:

C&S Wholesale Grocers, Inc. is the largest wholesale grocery distributor in the United States, based on revenue. Its net sales, together the with net sales of affiliated companies, were approximately $30 billion in fiscal 2015, making it the tenth largest privately held company in the United States, as ranked by Forbes magazine.

Founded in 1918, C&S provides grocery wholesaling and distribution services to the retail grocery industry. From its distribution centers located in the Northeast, mid-Atlantic, Southeast, Southwest, West Coast, and Hawaii, C&S delivers food and non-food products to approximately 6,500 grocery stores across the United States. Through its subsidiaries and affiliates, C&S also provides third-party logistics solutions to large food manufacturers, operates retail grocery stores, licenses certain trademarks for use in the retail grocery business and develops technologies for use in automated warehouses.

To learn more about C&S, visit www.cswg.com.

 

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

 

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

 

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com

Long Island Iced Tea Corp. Increases Leadership Capability
April 27, 2017

- Virginia Morris appointed as Chief Sales & Marketing Officer -

- Peter Dydensborg appointed as Vice President of Market Development & Sales -

Hicksville (Long Island), NY (April 27, 2017) — Long Island Iced Tea Corp. (NasdaqCM: LTEA) (the “Company”), a growth-oriented company focused on the non-alcoholic ready-to-drink (“NARTD”) segment in the beverage industry, today announced the appointment of Virginia Morris as Chief Sales & Marketing Officer of the Company. Ms. Morris brings with her over 20 years of experience managing and growing iconic brands, consulting on retail/brand strategy, local implementation and sales execution, business transformation and national/private brand development.

As the Chief Sales & Marketing Officer, Ms. Morris will be responsible for driving the growth agenda for the Company’s entire portfolio of brands. She will work closely with the Chief Executive Officer, Philip Thomas, and oversee key sales and marketing functions including brand management, channel strategy development and execution, and product innovation.

Philip Thomas commented, “It is critical as a company that we maintain our substantial growth trajectory and continue to execute on our growth strategy. This requires leadership from a world class sales and marketing executive – we feel Virginia exceeds these requirements, and we are thrilled that she has chosen to take on this new role in our company at this exciting stage of its development.”

“After being introduced to Phil and hearing about the recent achievements of the Company, I gained an appreciation for the significant market opportunity for the Long Island Iced Tea® brand and am convinced it is a brand with high potential in the United States and globally,” Morris added.  “Our portfolio of brands is well positioned to capitalize on the growing better-for-you consumer trends.” 

Ms. Morris previously spent eight years at Daymon Worldwide, a global leader in consumables retailing and private label, where she most recently was VP of Global Consumer and Innovation Strategy, leading the creation of the organization’s first Global Center of Excellence. Ms. Morris also spent six years at Allied Domecq, a global leader in spirits and wine, in leadership positions for the Kahlua and Stolichnaya brands. She previously held other leadership positions at Diageo and British American Tobacco. Ms. Morris received a Master of Business Administration from Indiana University and a bachelor’s degree from Vanderbilt University.

Peter Dydensborg, who was the Company’s first employee and an early investor/shareholder and had been the Company’s Chief Operating Officer for the last 4 years, stated “Virginia is the ideal candidate with the right skill set to take this business to the next level. I look forward to working with Virginia in my new capacity as VP of Market Development & Sales.”

 

About Long Island Iced Tea Corp.

Headquartered in Long Island, NY, Long Island Iced Tea Corp. operates in the non-alcohol ready-to-drink segment of the beverage industry. The Company’s flagship brand ‘The Original Long Island Brand Iced Tea®’, together with ‘The Original Long Island Brand LemonadeTM’ are marketed as premium beverages made with non-GMO ingredients. The company also imports and markets ‘ALO Juice®’ a functional Aloe Vera based beverage. The Company’s portfolio of premium brands sits within the ‘better-for-you’ category of the beverage industry, and are offered to consumers at an affordable price, reflecting the Company’s mission.  Its beverages are sold primarily through a network of regional chains and distributors primarily on the East Coast and the Midwest of the United States, as well as Canada and Latin America. The Company’s website is www.longislandicedtea.com.

 

Forward Looking Statements 

This press release includes statements of the Company’s expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, relate to the discussion of the Company’s business strategies and its expectations concerning future operations, margins, sales, new products and brands, potential joint ventures, potential acquisitions, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. These statements include any statement that does not directly relate to a historical or current fact. You can also identify these and other forward-looking statements by the use of such words as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions. These forward looking statements are made based on expectations and beliefs concerning future events affecting the Company and are subject to uncertainties, risks and factors relating to its operations and business environments, all of which are difficult to predict and many of which are beyond its control, that could cause its actual results to differ materially from those matters expressed or implied by these forward looking statements. These risks include its history of losses and expectation of further losses, its ability to expand its operations in both new and existing markets, its ability to develop or acquire new brands, its relationships with distributors, the success of its marketing activities, the effect of competition in its industry and economic and political conditions generally, including the current economic environment and markets. More information about these and other factors are described in the reports the Company files with the Securities and Exchange Commission, including but not limited to the discussions contained under the caption “Risk Factors.” When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the reports the Company files with the Securities and Exchange Commission. New risks and uncertainties arise from time to time, and the Company cannot predict those events or how they may affect it. The Company assumes no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the federal securities laws.

 

Contacts:

For Investors

Phil Thomas

Long Island Iced Tea Corp.

1-855-542-2832

info@longislandteas.com