The Alkaline Water Stock Price, News & Analysis

The Alkaline Water Company Inc. (WTER) announced a partnership with Columbia Distributing to distribute Alkaline88 throughout Washington, Oregon, and Idaho. This alliance aims to expand market share in the Northwest, leveraging Columbia's Direct-Store-Delivery model, which services 20,000 accounts in the region. The company plans to open a new copacker in the Northwest in Q1 to meet anticipated demand from this rollout. President Ricky Wright emphasized the significance of this partnership in reaching health-conscious consumers.

The Alkaline Water Company (WTER) has partnered with Source1 Purchasing to distribute its Alkaline88 products to over 20,000 hospitality accounts. This collaboration aims to tap into the lucrative multi-billion-dollar hospitality sector, targeting hotels, casinos, and universities. With the growing demand for premium alkaline water, this partnership is expected to enhance market penetration and accessibility. Source1's procurement solutions will facilitate easier access to Alkaline88 for its clients, providing a significant opportunity for growth.

The Alkaline Water Company (WTER) reported a record revenue of $15.1 million for the fiscal third quarter ending December 31, 2021, marking a 57% year-over-year increase. This is the second-best quarter in company history. The company maintains its fiscal 2022 revenue guidance of $62 million. Key highlights include Alkaline88 being the fastest-growing value-added water brand, a gross profit of $5 million, and a net loss of $10.7 million. Despite margin pressures from inflation, the company expects margins to improve in fiscal 2023.

The Alkaline Water Company Inc. (NASDAQ: WTER) will host a teleconference on February 14, 2022, at 4:30 PM ET, to discuss its financial results for the third quarter ended December 31, 2021. The call includes CEO Richard Wright and CFO David Guarino, who will cover operational highlights and future outlook. A press release will precede the call, providing key financial metrics. A replay will be available afterward. The company’s flagship product, Alkaline88®, is a leading alkaline water brand known for its eco-friendly packaging.

The Alkaline Water Company (NASDAQ: WTER) has announced that Lidl grocery stores will add the Shaq Paq, featuring six 2-liter bottles, alongside its existing 1-gallon Alkaline88 option. Lidl, a fast-growing grocery chain in the U.S., aims to provide millions on the East Coast with this new size, appealing to health-conscious consumers. CEO Ricky Wright highlighted the partnership's significance, while brand ambassador Shaquille O'Neal expressed excitement over the new product's potential to attract new customers. The move is part of Alkaline88's growth strategy for 2022.

The Alkaline Water Company (NASDAQ: WTER) is set to enhance its brand visibility during Super Bowl LVI with significant marketing initiatives. These include a two-page ad in USA TODAY, partnerships with NFL personalities on Radio Row, and sponsorship of Shaq's Fun House, expected to generate tens of millions of impressions. Additionally, the company will support the Stars & Stripes Bowl, honoring wounded warriors. CMO Tom Hutchison emphasizes this marketing strategy as a key opportunity for brand growth and engagement across major national platforms.

The Alkaline Water Company (NASDAQ: WTER) announced the availability of its Alkaline88 1-Gallon and 1-Liter bottles at over 220 Meijer Express locations across the Midwest. This partnership is expected to significantly drive the company’s growth in convenience store channels for fiscal 2023, similar to the impact seen from last year's grocery channel expansions. According to a Nielsen report from January 2022, Alkaline88 became the fastest-growing among the top ten enhanced water brands in the U.S. and ranked 8th overall. The company anticipates further growth with Meijer.

The Alkaline Water Company (NASDAQ: WTER) is expanding its market presence by introducing Alkaline88® 1-gallon and 3-liter bottles in over 400 Stop & Shop locations across Massachusetts, Connecticut, Rhode Island, Downstate New York, and Northern New Jersey. This expansion aims to capitalize on the supermarket chain's reach to nearly 30 million residents. The company anticipates this move will significantly boost revenue growth for fiscal 2023. Previously, Alkaline88® products have gained traction in other Ahold Delhaize chains, and the company's leadership emphasizes a commitment to market excellence.

The Alkaline Water Company (NASDAQ: WTER) reported robust growth in its Alkaline88® brand, achieving a 46.4% year-over-year sales increase for the 13-week period ending January 1, 2022. This growth surpassed the category average of 19.3%. Highlights include a 25% market share increase, ranking Alkaline88 as the 9th largest value-added water brand. Despite more than doubling category growth, the company maintained promotional spending 27% below competitors. The success is attributed to strategic supply chain initiatives and increased visibility in major retailers.