Primo Water

Primo Water Corp. engages in the manufacture, process, and distribution of beverages. It operates through the following segments: North America, Rest of World, and All Other. The North America segment offers bottled water, water filtration, and coffee services to customers in North America. The Rest of World segment provides bottled water, water filtration, and coffee services to customers in Europe and Israel. The All Other segment includes the corporate oversight function and other miscellaneous expenses. The company was founded in 1955 and is headquartered in Tampa, FL.

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Primo Water reports strong Q4 earnings, eyes growth opportunities

Primo Water's Q4 2022 performance reflects solid financial results, with revenue growth, margin expansion, and positive outlook for 2023, underpinned by strategic initiatives.
The company's resilience in offsetting cost inflation, focus on shareholder value, and market adaptability position it well for sustained growth and profitability.
Challenges related to working capital, supply chain disruptions, and M&A strategies in Europe require strategic management to navigate effectively.
Opportunities in digital growth, operational efficiencies, and market expansion present avenues for Primo to drive long-term success and shareholder value creation.

Primo Water reports strong Q1 earnings, eyes growth amid challenges

Primo Water delivered robust Q1 2023 results, showcasing revenue and EBITDA growth driven by consumer demand and operational enhancements.
While facing inflationary pressures and working capital challenges, the company demonstrated resilience and strategic focus on cost management.
With a strong emphasis on sustainability, operational efficiencies, and revenue guidance, Primo Water is poised for continued growth and market leadership.
Strategic initiatives to improve service execution, reduce CapEx, and capitalize on market opportunities position the company for long-term success and profitability.

Primo Water reports strong Q2 results, eyes growth opportunities

Primo Water's Q2 performance reflects revenue and EBITDA growth, supported by key segments and European operations, with raised annual guidance.
The company's strengths lie in customer retention, acquisitions, growth initiatives, and diversified customer acquisition channels.
Challenges include commercial sales recovery, fuel price impacts, NOL drop-off, and ongoing inventory management considerations.
Opportunities for Primo Water include pricing strategies, demand growth, fleet savings, and continued focus on customer experience and expansion.

Primo Water reports strong Q3 results and accelerates growth plans

Primo Water's Q3 performance reflects strong revenue and EBITDA growth, with a focus on North American water businesses.
The Culligan deal unlocks shareholder value and accelerates achievement of 2024 targets, with a clear strategy for debt reduction.
Challenges include shifting sales focus and regulatory hurdles, while opportunities lie in new market penetration and sustained growth strategies.
Overall, Primo Water remains confident in its ability to deliver value to shareholders and drive growth through strategic initiatives.

Primo Water reports strong Q4 earnings, outlines growth strategies

Primo Water's Q4 2023 performance reflects robust revenue and EBITDA growth, surpassing full-year guidance and demonstrating operational strength. The company's strategic focus on customer-centric initiatives, cost optimization, and growth strategies underpins its positive outlook for 2024 and beyond.
Despite facing challenges like margin decline and cost inflation, Primo Water remains resilient, leveraging its strengths in brand portfolio, sustainability practices, and production capabilities. The company's proactive approach to addressing challenges and seizing opportunities underscores its commitment to sustainable growth.
With a clear vision outlined by CEO Robbert Rietbroek, Primo Water is poised for continued success through organic growth initiatives, operational enhancements, and prudent capital deployment strategies. The company's financial performance, strategic priorities, and market adaptability position it as a strong player in the water market.

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Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in the United States and Canada. The company provides water filtration units for home and business consumers across North America. It also offers reusable packaging, helping to reduce waste through its reusable, multi-serve bottles and innovative brand packaging portfolio, which includes recycled plastic, aluminum and glass. Primo Brands was founded in 2024 and is headquartered in Tampa, FL.

Board Determines that Additional Disclosures Do Not Exonerate Intentional Misrepresentations by Two of Legion's Candidates  Board Exercises Its Discretion to Allow Legion's Other Two Candidates to Be Nominated by Legion Despite Legion's Deficient and Invalid Nomination Notice TAMPA, Fla. , March 22, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that the Primo Board of Directors (the "Board") has exercised its discretion under Primo's Bylaws to waive some of the deficiencies in the invalid nomination notice (the "Notice") submitted by Legion Partners Holdings, LLC (together with its affiliates, "Legion") with respect to the election of directors at the Company's 2023 Annual and Special Meeting of Shareowners (the "Annual Meeting").

Primo Board Responds to Legion's Late Submission of 43-Page "Supplemental" Disclosure that Attempts to Correct Deficiencies in Legion's Director Nomination Notice

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareholder of Primo Water Corporation (“Primo”, or the “Company”) (TSX/NYSE: PRMW).

Legion Partners Takes Legal Action to Protect the Rights of Primo Water Shareholders

NEW YORK--(BUSINESS WIRE)-- #IR--ICR, a leading strategic communications and advisory firm, is pleased to announce that Tom Harrington, Chief Executive Officer of Primo Water Corporation (NYSE: PRMW) (TSX: PRMW), a leading provider of sustainable drinking water solutions in North America and Europe, recently appeared on Episode 66 of ICR's “Welcome to the Arena” podcast. Welcome to the Arena is hosted by Tom Ryan, Co-Founder & CEO of ICR. Mr. Ryan spoke with Mr.

ICR Hosts Primo Water Corporation CEO Tom Harrington on the Welcome to the Arena Podcast

Legion Partners Comments on Primo Water's Attempt to Disenfranchise Shareholders

Legion Not Entitled to Nominate Board Candidates for Primo Water's 2023 Annual Meeting TAMPA, Fla. , March 17, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that the notice (the "Notice") submitted by Legion Partners Holdings, LLC (together with its affiliates, "Legion"), purporting to nominate four candidates to stand for election to Primo Water's Board at the Company's 2023 Annual and Special Meeting (the "Annual Meeting"), is invalid because it contains intentional misrepresentations and patently false information.

Primo Water Announces that Director Nomination Notice from Legion Partners is Invalid

Brings Broad-Based Leadership and Experience Running Global, Scale Beverage and Route-Based Businesses TAMPA, Fla. , March 16, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Eric J.

Primo Water Appoints Eric J. Foss to Its Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Legion Partners Asset Management, LLC, together with its affiliates (collectively, “we” or “Legion Partners”), is a significant shareholder of Primo Water Corporation (“Primo”, or the “Company”) (TSX/NYSE: PRMW). Today, Legion Partners issued a public letter to the Company's shareholders calling for the appointment of four of its nominees to the Board of Directors (the “Board”) in order to reverse the Company's chronic underperformance.

Legion Partners Issues Letter to Primo Water Corporation Shareholders Calling for Urgent Board Change

TAMPA, FL , Feb. 27, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that it will present at the 2023 Raymond James 44th Annual Institutional Investors Conference on Monday, March 6, 2023. The presentation, which will begin at approximately 7:30 a.m.

Primo Water Corporation to Present at the Raymond James 44th Annual Institutional Investors Conference

Primo Water Corporation (NYSE:PRMW ) Q4 2022 Earnings Conference Call February 23, 2023 10:00 AM ET Company Participants Jon Kathol - VP-IR Tom Harrington - CEO David Hass - CFO Conference Call Participants Derek Lessard - TD Securities Drew Levine - JPMorgan Peter Lukas - CJS Securities John Zamparo - CIBC Derek Dley - Canaccord Pavel Molchanov - Raymond James Operator Good morning, my name is Michelle and I will be your conference operator today. At this time, I would like to welcome everyone to the Primo Water Corporation's Fourth Quarter 2022 Earnings Conference Call.

Primo Water Corporation (PRMW) Q4 2022 Earnings Call Transcript

Primo (PRMW) delivered earnings and revenue surprises of -5.88% and 2.68%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Primo (PRMW) Lags Q4 Earnings and Revenue Estimates

Revenue growth of 17% in Water Direct & Water Exchange, approximately 1 million dispensers sold-through in 2022 TAMPA, Fla. , Feb. 23, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced its results for the full year and fourth quarter ended December 31, 2022.

Primo Water Corporation Announces Full Year and Fourth Quarter 2022 Results; Increases Quarterly Dividend Again

Increases quarterly dividend 14.3% to $.08 per share TAMPA, Fla. , Feb. 22, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announced that its Board of Directors declared a dividend of US$0.08 per share on common shares, an increase of 14.3% from the prior quarterly cash dividend of $.07 per common share.

Primo Water Corporation Announces Increase in Quarterly Dividend

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Trucking And Pure Water Plays Tap New Highs On Strong Earnings Growth

TAMPA, Fla. , Feb. 3, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Primo Water has acquired an additional spring water source adjacent to its current Mountain Valley spring in Garland County, Arkansas.

Primo Water Corporation Announces Acquisition of Additional Mountain Valley Spring Site

TAMPA, Fla. , Jan. 25, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announced that the Company will release its fourth quarter ended December 31, 2022 and fiscal year 2022 financial results before the markets open on Thursday, February 23, 2023.

PRIMO WATER CORPORATION ANNOUNCES DATE FOR FOURTH QUARTER AND FISCAL YEAR 2022 EARNINGS RELEASE AND CONFERENCE CALL

TAMPA, Fla , Jan. 24, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced the appointment of David W. Hass as Chief Financial Officer.

PRIMO WATER CORPORATION ANNOUNCES APPOINTMENT OF DAVID HASS AS CHIEF FINANCIAL OFFICER

TAMPA, Fla. , Jan. 9, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announces its 2023 and 2024 full year revenue and Adjusted EBITDA outlook ahead of its presentation at the ICR Conference on Monday, January 9, 2023, as follows: Full Year 2023E* Full Year 2024E ($ in millions) Low High Revenue * $2,300 $2,350 High-Single Digit Adjusted EBITDA $450 $470 Approaching $530 *2023E revenue growth excludes the 2022 revenue from businesses exited in 2022 ($48.4 million of revenue, consisting of$41.0 million attributable to the North American retail single-use business and $7.4 million attributable to the Russia business).

Primo Water Corporation Provides Outlook Ahead of ICR Conference

TAMPA, Fla. , Jan. 5, 2023 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announced that it will present at the ICR Conference on Monday, January 9, 2023.

PRIMO WATER CORPORATION TO PRESENT AT THE ICR CONFERENCE

Primo (PRMW) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy Primo (PRMW) Now

Primo Water Corporation has created a recession-resilient business that makes the stock a top pick for me for 2023. Pricing power, tariff tailwinds, operational efficiencies, a 5-year Costco deal, and more combine to bolster the odds that Primo Water can achieve its bullish multi-year guidance.

Primo Water: Visibility For Recession-Resilient Growth

TAMPA, Fla. , Nov. 16, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that it has received the International Bottled Water Association (IBWA) 2022 Environmental Stewardship Award for its U.S. operations.

PRIMO WATER CORPORATION WINS THE 2022 INTERNATIONAL BOTTLED WATER ASSOCIATION (IBWA) ENVIRONMENTAL STEWARDSHIP AWARD

Primo Water Corporation (NYSE:PRMW ) Q3 2022 Earnings Conference Call November 10, 2022 10:00 AM ET Company Participants Jon Kathol – Vice President-Investor Relations Tom Harrington – Chief Executive Officer Jay Wells – Chief Financial Officer Conference Call Participants Nik Modi – RBC Capital Markets Derek Lessard – TD Securities Andrea Teixeira – JPMorgan Lee Jagoda – CJS Securities John Zamparo – CIBC Kevin Grundy – Jefferies Pavel Molchanov – Raymond James Operator Good morning. My name is Pam, and I will be your conference operator today.

Primo Water Corporation (PRMW) Q3 2022 Earnings Call Transcript

Primo (PRMW) delivered earnings and revenue surprises of -4.35% and 0.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Primo (PRMW) Misses Q3 Earnings Estimates

Revenue growth of 17% in Water Direct & Water Exchange, 11% in Water Refill & Water Filtration, and 47% in Water Dispensers TAMPA, Fla. , Nov. 10, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced its results for the third quarter ended October 1, 2022.

News for Primo Water Stock (PRMW)