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.

Primo Water Corporation (PRMW) CEO Tom Harrington on Q3 2021 Results - Earnings Call Transcript

Primo (PRMW) delivered earnings and revenue surprises of -8.33% and -0.88%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Primo (PRMW) Misses Q3 Earnings and Revenue Estimates

Company reaffirms full year Adjusted EBITDA guidance and shares multi-year growth algorithm TAMPA, Fla., Nov. 4, 2021 /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 2, 2021.

Primo Water Corporation Announces Third Quarter 2021 Results and Planned Exit of its North American Single-Use Retail Bottled Water Business

Primo (PRMW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Primo (PRMW) Reports Next Week: What to Expect

TAMPA, Fla., Oct. 26, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced four recognitions earned at the 2021 Global Water Drinks Awards presented by Zenith Global.

Primo Water Corporation Earns Four Recognitions at 2021 Global Water Drinks Awards

Primo Water Corp (NYSE: PRMW) has agreed to acquire Get Fresh, a distributor of water solutions in northern and eastern Poland, and its brand, Dar Natury, for an undisclosed sum. Primo expects the acquisition to add about 20,000 customers to its footprint in Poland.

Primo Water Acquires Poland's Get Fresh For Undisclosed Sum

TAMPA, Fla., Oct. 7, 2021 /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 acquired Get Fresh and its brand, Dar Natury, which means gift of nature.

Primo Water Corporation Announces Acquisition of Get Fresh in Poland

TAMPA, Fla., Oct. 6, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced the appointment of Jeff Johnson as SVP Global Operational Excellence and Service Optimization, effective October 25, 2021.

Primo Water Corporation Announces Appointment of Jeff Johnson as SVP Global Operational Excellence and Service Optimization

California Water Service Group

At present, California Water Service (CWT) appears to be a better water supply stock to add to your portfolio than Primo Water (PRMW).

CWT or PRMW: Which Utility Water Supply Stock to Buy Now?

TAMPA, Fla., Oct. 5, 2021 /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 Company will release its third quarter ended October 2, 2021 financial results before the markets open on Thursday, November 4, 2021.

Primo Water Corporation Announces Date for Third Quarter Earnings Release

TAMPA, Fla., Sept. 30, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) ("Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced the appointment of Cate Gutowski as Chief Operating Officer, effective October 27, 2021.

Primo Water Corporation Announces Appointment of Cate Gutowski as Chief Operating Officer

Sustainable drinking water solutions provider Primo Water Corp (NYSE: PRMW) has agreed to purchase a minority interest in Sipple Hydration Stations, a network of hydration stations in the UK providing water refills. The financial terms of the deal were not disclosed.

Primo Water Takes Minority Stake In Sipple Hydration Stations

TAMPA, Fla., Sept. 15, 2021 /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 it has entered into an agreement to purchase a minority interest in Sipple Hydration Stations, an innovative network of hydration stations in the UK providing purified & super chilled premium water refills.

Primo Water Corporation Announces Investment in Sipple Hydration Stations

TAMPA, Fla., Aug. 24, 2021 /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 it intends to host a virtual investor day on Wednesday, November 17, 2021, starting at 9 a.m.

Primo Water Corporation to Host 2021 Investor Day

Primo Water is an interesting company with an intriguing market that it plays in. The business is definitely not a growth play, but it is a quality prospect fundamentally.

Primo Water: Shares Have Room To Run

Primo Water Corporation (PRMW) CEO Tom Harrington on Q2 2021 Results - Earnings Call Transcript

Second quarter financial results exceed expectations, Company raises full year Adjusted EBITDA guidance by $10 million to between $390 million and $400 million TAMPA, Fla., Aug. 5, 2021 /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 its results for the second quarter ended July 3, 2021.

Primo Water Corporation Announces Second Quarter 2021 Results; Declares Quarterly Dividend

TAMPA, Fla., Aug. 4, 2021 /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 the appointment of Archana Singh to the Primo Water Corporation Board of Directors.

Primo Water Corporation Announces Appointment of Archana Singh to Board of Directors

TAMPA, Fla , Aug. 2, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that Primo Water North America ("PWNA"), a wholly-owned subsidiary of Primo, has acquired substantially all of the assets related to the Home and Office Delivery business of Health Waters of Pennsylvania ("Health Waters"). The acquisition will increase Primo's route density and expand Mountain Valley product offerings in the Northeast.

Primo Water Corporation Announces Acquisition of Mountain Valley Home & Office Customer Base from Health Waters of Pennsylvania

TAMPA, Fla., July 28, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that it will present at the 2021 Canaccord Genuity Growth Conference (virtual format) on Wednesday, August 11, 2021.

Primo Water Corporation to Present at the 41st Annual Canaccord Genuity Growth Conference

Water solutions provider Primo Water Corp's (NYSE: PRMW) wholly-owned subsidiary, Primo Water North America, has acquired all of the assets of The Sweetwater Company, Inc., dba Earth2O, a bottled water company based in Oregon, for an undisclosed sum. The acquisition will add about 9,000 customers to Primo Water, strengthening its footprint in the Pacific Northwest.

Primo Water Acquires Earth2O For Undisclosed Sum

TAMPA, Fla., July 19, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that Primo Water North America ("PWNA"), a wholly-owned subsidiary of Primo, has acquired substantially all of the assets of The Sweetwater Company, Inc. dba Earth2O, a bottled water company based in Oregon and known for its commitment to sustainable water, environmental responsibility and natural, pure spring water from Oregon's Cascade Range.

Primo Water Corporation Announces Acquisition of Earth2O, Adding Approximately 9,000 Customers

TAMPA, Fl, July 6, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced that the Company will release its second quarter ended July 3, 2021 financial results before the markets open on Thursday, August 5, 2021. Primo will host a conference call, to be simultaneously webcast, on Thursday, August 5, 2021 at 10:00 a.m.

Primo Water Corporation Announces Date for Second Quarter Earnings Release

Primo Water's (PRMW) shares rise following its announcement of repeated adjusted EBITDA and revenue guidance for second-quarter and 2021 at a conference.

Primo Water (PRMW) Shares Inch Up on Intact 2021 Revenue View

TAMPA, Fla., June 22, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, participated today at the Jefferies Virtual Consumer Conference.

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