Flow Beverage Stock Price, News & Analysis

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) is set to release its financial results for the fiscal quarter and year ending on October 31, 2022, on January 30, 2023, before market hours. The company's Chairman and CEO, Nicholas Reichenbach, along with CFO Trent MacDonald, will conduct a conference call and webcast to discuss the results and provide a business outlook. The event is scheduled for 8:30 a.m. ET on the same day. Flow, recognized for its commitment to sustainability as a B-Corp Certified entity, offers a range of health-oriented beverages and is available in over 46,000 stores across North America.

Flow Beverage Corp. has launched its Flow Vitamin-Infused Water in Canada, securing purchase orders from 22 retailers with over 800 locations. The beverage, rich in Vitamin C and zinc, is marketed as a healthier alternative, containing zero sugar, calories, or preservatives, made with organic ingredients. Flow emphasizes the growing consumer preference for functional beverages aligned with sustainable practices. The company's commitment to reducing environmental impacts is showcased in their B-Corp Certification and sustainable packaging. Flow's diverse product line is available in over 46,000 stores across North America.

Flow Beverage Corp. (OTCQX: FLWBF) announced an internal restructuring aimed at achieving profitable growth. This initiative, alongside the sale of the Verona production facility, will lead to the reduction of 80 positions. Expected annualized cash savings are around $17 million. The company reported over 46,000 locations now carrying Flow products, up by 10,000 since July 2022, primarily due to distribution wins in the U.S. The operational update call is scheduled for January 9, 2023 at 8 am ET.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) announced the activation of a new distribution program with Costco, introducing Flow Alkaline Spring Water to 48 additional locations in Eastern Canada as of January 2, 2023. This expansion increases the total number of Costco stores carrying Flow products to 63 across Canada. The company anticipates growth in product sales due to new retail partnerships and product innovations. Flow is recognized as one of North America's fastest-growing premium water companies and emphasizes its commitment to sustainability.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) will hold an Operational Update conference call and webcast on January 9, 2023, at 8:00 a.m. ET. Key executives, including Founder and CEO Nicholas Reichenbach and CFO Trent MacDonald, will present strategic milestones followed by a Q&A session. Flow is recognized for its sustainable, B-Corp Certified premium water products. The call is accessible via dial-in or online, with details provided for participation.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has secured a 36-month senior secured term loan of up to CAD$20.3 million from NFS Leasing Canada Ltd. Initially, CAD$15.3 million has been drawn, with an option to access an additional CAD$5.0 million within the next year. The loan carries a 14% interest rate and includes share purchase warrants. The funds will be used to repay CAD$9.6 million in unsecured notes and support business growth. The Company recently strengthened its cash position through a CAD$17 million facility sale, enhancing its market prospects.

Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) has announced a distribution agreement with Starbucks Coffee Canada to offer Flow Alkaline Spring Water and Flow Strawberry Rose in over 1,000 locations across Canada, starting in January 2023. This milestone aligns with Flow's growth strategy, enhancing its retail presence in North America. Flow's CEO, Nicholas Reichenbach, emphasized the brand's appeal to consumers seeking functional water with a positive environmental impact.

Flow Beverage Corp. (OTCQX: FLWBF; TSX: FLOW) has appointed Stephen A. Smith and Michael Lines to its Board of Directors. Smith, with a strong background in finance, will chair the Audit Committee, while Lines, founder of Wellness Natural Inc., will chair the Governance, Human Resources & Compensation Committee. Their appointments aim to enhance Flow's strategic transformation and focus on profitable growth in the consumer packaged goods sector. Flow is recognized as one of North America's fastest-growing premium water companies, emphasizing sustainable practices and health-oriented products.

Flow Beverage Corp. (OTCQX: FLWBF) announced a distribution agreement with Foodbuy Foodservice, expanding its reach to over 11,000 new points of distribution across various sectors, including hospitality, education, and healthcare. This partnership is expected to enhance Flow's sales and market presence, leveraging Foodbuy's extensive procurement network. Flow aims to drive growth in food service, retail, and e-commerce segments, aligning with its sustainability mission and commitment to providing high-quality, environmentally friendly beverage products.