Primo Water Corporation Stock Price, News & Analysis

Primo Water Corporation has acquired Get Fresh, a distributor of water solutions in Poland, enhancing its market presence. This acquisition adds about 20,000 customers to Primo's existing base of over 200,000 in Poland. It aims to leverage Get Fresh's distribution network while maintaining high service quality. CEO Tom Harrington emphasized that this move aligns with Primo's mission to provide sustainable water solutions. The company generates approximately $2.0 billion in annual revenue and operates under a recurring revenue model.

Primo Water Corporation (NYSE: PRMW) has appointed Jeff Johnson as SVP Global Operational Excellence and Service Optimization, effective October 25, 2021. Johnson brings 32 years of experience from UPS, where he held multiple leadership roles including President of US Industrial Engineering. His expertise is expected to enhance operational efficiency and customer service, aiming to improve margins and return on invested capital. Primo, generating approximately $2.0 billion in annual revenue, focuses on sustainable drinking water solutions across North America and Europe.

Primo Water Corporation (NYSE: PRMW) will announce its third quarter financial results for the period ended October 2, 2021, before market opening on November 4, 2021. A conference call will be held on the same day at 10:00 a.m. ET, including a Q&A session. The company operates on a recurring revenue model, generating approximately $2 billion annually, offering water solutions across North America, Europe, and Israel. Primo focuses on sustainable hydration solutions and is committed to reducing plastic waste while adhering to safety and quality standards.

Primo Water Corporation (NYSE: PRMW) has appointed Cate Gutowski as Chief Operating Officer, effective October 27, 2021. Gutowski brings extensive operational experience from Amazon Web Services, where she was the Worldwide Head of Enablement, Training, & Communications. Her previous roles include Senior Vice President at Panasonic Avionics and various leadership positions at General Electric. CEO Tom Harrington emphasized her ability to drive innovation and growth in line with the company's goal to enhance shareholder value.

Primo Water Corporation (NYSE: PRMW) announced an agreement to acquire a minority stake in Sipple Hydration Stations, enhancing its market presence in the UK. This investment supports the expansion of a network offering purified, chilled water refills, promoting sustainability by reducing plastic waste. Customers can refill their bottles or purchase reusable ones with a free refill. CEO Tom Harrington highlighted the initiative's alignment with Primo's mission to provide eco-friendly drinking water solutions. The company operates globally, generating around $2 billion in annual revenue.

Primo Water Corporation (NYSE: PRMW) will host a virtual investor day on November 17, 2021, starting at 9 a.m. ET. Led by CEO Tom Harrington and CFO Jay Wells, the event will cover the company’s strategic priorities, capital allocation, ESG initiatives, and financial outlook. A live Q&A session will follow the presentation. Registration details will be available by November 1, 2021. The webcast and materials will be accessible through Primo’s Investor Center. The company generates approximately $2.0 billion in annual revenue, focusing on sustainable drinking water solutions.

Primo Water Corporation (NYSE: PRMW) reported second-quarter results with a 15% revenue increase to $526 million compared to $457 million in the same period last year. Adjusted EBITDA rose 21% to $100 million, prompting the company to raise its full-year Adjusted EBITDA guidance by $10 million to a range of $390 million to $400 million. The board declared a quarterly dividend of $0.06 per common share, payable on September 2, 2021. The company remains confident about achieving organic revenue growth of approximately 6% this year.

Primo Water Corporation (NYSE: PRMW) has appointed Archana Singh to its Board of Directors as an independent director. Singh brings extensive HR and talent management experience, having served as Chief People Officer at Expedia Group since 2019. She will also be a member of the Human Resources and Compensation Committee. With a focus on operational excellence and leadership development, Singh's addition is expected to enhance the board's skill set. Primo Water generates approximately $2.0 billion in annual revenue and operates under a recurring revenue model, providing sustainable water solutions across North America and Europe.