Greene Concepts Drives Walmart Momentum With Steady Growth: Be Water Distribution Expands Across Virginia, North Carolina, South Carolina, and Georgia
Rhea-AI Summary
Greene Concepts (OTCID: INKW) reported strong Be Water growth in Walmart locations across Virginia, North Carolina, South Carolina, and Georgia.
Point-of-sale dollar sales rose 34% year-over-year, with year-to-date sales up 24%. Retail placement increased 148%, promotional markdowns fell to ~10% of sales, and in-stock rates reached 97.9%.
Positive
- POS dollar sales up 34% year-over-year
- Year-to-date POS sales up 24%
- Walmart retail placement growth of 148% for Be Water
- Promotional markdown activity reduced to about 10% of sales from about 30%
- Replenishment in-stock rates at 97.9% for Be Water products
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Point-of-sale sales increase
MARION, NC / ACCESS Newswire / June 30, 2026 / Greene Concepts, Inc. (OTCID:INKW), owner and operator of a 60,000-square-foot bottling facility in Marion, North Carolina, and producer of the premium artesian spring water brand Be Water™, today announced continued retail growth within Walmart stores carrying the Company's premium artesian water products.
Recent retail performance data indicates point-of-sale (POS) dollar sales increased
The primary driver of this performance has been expanded distribution. Walmart locations carrying Be Water increased across Virginia, North Carolina, South Carolina and Georgia, representing a
Greene Concepts also reported continued improvements in inventory productivity and retail execution. Promotional markdown activity declined to approximately
"Our continued expansion within Walmart reflects the progress Greene Concepts has made in growing awareness of the Be Water brand while maintaining operational discipline," said Lenny Greene, Chief Executive Officer of Greene Concepts. "We are encouraged by the sales growth, improving inventory performance, and expanding retail presence. As additional stores continue to ramp, our focus remains on supporting our retail partners and introducing more consumers to our premium artesian water sourced from the Blue Ridge Mountains of North Carolina."
Be Water is bottled at the source from artesian springs and aquifer formations beneath North Carolina's Blue Ridge Mountains. Greene Concepts believes its combination of expanded distribution, strong product availability, and growing consumer awareness positions the brand for continued growth.
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About Be Water™
Be Water™ is an American artesian spring water brand sourced from certified artesian wells and a naturally replenished aquifer formed nearly one billion years ago beneath the Blue Ridge Mountains and bottled at the source in Marion, North Carolina by Greene Concepts Inc. (OTCID: INKW).
Naturally filtered through layers of ancient bedrock, Be Water™ absorbs naturally occurring minerals and electrolytes-including calcium, magnesium, and silica-that create its smooth taste and natural alkalinity. The water is gently filtered and ozone-treated to ensure purity while preserving its inherent character, with nothing added and nothing stripped away.
Nature-not machines-defines its purity and balance.
Be Water™ is bottled in premium BPA-free bottles designed with a durable 22-gram construction and priced for everyday hydration, bridging the gap between luxury imported waters and commodity bottled tap water. Bottled in Marion, North Carolina, Be Water™ reflects American craftsmanship, transparency, and responsible aquifer stewardship.
In addition to its flagship brand, Greene Concepts operates a 60,000-square-foot bottling facility providing private-label and co-packing services for select beverage partners.
About Greene Concepts, Inc.
Greene Concepts, Inc. (https://www.greeneconcepts.com) is a publicly traded company whose purpose is to provide the world with high-quality, healthy and enhanced beverage choices that meet the nutritional needs of its consumers while refreshing their mind, body and spirit. The Company's flagship product, Be Water™, is a premium artesian bottled water that supports total body health and wellness. Greene Concepts' beverage and bottling plant is located in Marion, North Carolina, and their water is ethically sourced from spring and artesian wells that are fed from a natural aquifer located deep beneath the Blue Ridge Mountains. Greene Concepts continues to develop and market premium beverage brands designed to enhance the daily lives of consumers.
Safe Harbor: This Press Release contains 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. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.
CONTACT:
Greene Concepts, Inc.
Investor Relations
IR@greeneconcepts.com
SOURCE: Greene Concepts Inc.
View the original press release on ACCESS Newswire